2CRSi SA: Consolidated revenue for the first half of 2021/2022: €89.8 million (+14.4%)

Press release

Consolidated revenue for the first half of 2021/2022: €89.8 million (+14.4%)

Strasbourg (France), 20 October 2021 - 2CRSi (ISIN: FR0013341781), a designer and manufacturer of high-performance, energy-efficient IT server solutions, publishes its revenue for the first half of FY 2021/22 (from 1 March 2021 to 31 August 2021).

Activity in the first half of FY 2021/22

Note: data for the first half of 2021/22 currently being audited.

For the first half of fiscal year 2021/22 (March 1, 2021 to August 31, 2021), 2CRSi recorded a consolidated revenue of €89.8 million, an increase of +14.4% compared to the first half of FY2020/21, a performance driven by the Group's strong commercial momentum that more than offset the loss of the Blade customer[1].

It is worth noting the performance of the Escape Technology subsidiary (+75%), which specializes in visual effects as well as that of Boston Server & Storage Solutions, which grew by 55%.

The top 10 customers represented 46% of the period's revenue for a total amount of €41 million (compared to 49% in the first half of the previous year).

Next event: publication of H1 2021/22 results on 30 November 2021 after market close.

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About 2CRSi

Founded in Strasbourg (France), 2CRSi group develops, produces and sells customised, high-performance and environment-friendly servers. In the 2020/2021 financial year, the Group generated revenue of €163 million. The Group today has around 373 employees and markets its offer of innovative solutions (processing, storage and network) in more than 50 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris (ISIN Code: FR0013341781) and has been awarded the European Rising Tech label. For further information please visit: www.2crsi.com

Contacts

[1] In H1 2020/21, revenue from this customer represented 13% of consolidated revenues, i.e. €10.1m.