Third-quarter 2020 revenue
Published on October 27, 2020 – News
Groupe Gorgé revenue was down 5.0% in third-quarter 2020 on an organic basis and 9.3% on a
reported basis, reflecting a marked improvement in trends compared to the first half, notably a
return to growth in the Protection of High-Risk Installations division and the Robotics activity of the
Smart Safety Systems division. In the first nine months of 2020, Groupe Gorgé generated revenue
of €162.3 million, down 16.9% compared to the first nine months of 2019. On an organic basis,
revenue was down 15% compared with the same period in 2019. Since the start of the year, the
Group has demonstrated good resilience in an economic environment severely disrupted by the
serious health crisis.
The Group’s backlog remained high at €614.9 million as of September 30, 2020. Compared with
June 30, 2020, the backlog was up 1.7% on an organic basis.