A1W7AY Blue Solutions SAS

Blue Solutions: 2019 Revenue

Blue Solutions: 2019 Revenue



PRESS RELEASE



 13 février 2020

Decline in revenue in line with forecasts, pending the start of new productions

At the end of December 2019, Blue Solutions revenue was €26.4 million, compared to €38.2 million at the end of December 2018. In 2018, however, the figure included €12.5 million in revenue from Bolloré for a research agreement that has now ended.

Sales of traditional battery accounted for €13.9 million in revenue at the end of December 2019 (427 batteries sold), compared €13.1 million at the end of December 2018 (383 batteries sold). Sales of prototypes totaled €5.3 million at the end of December 2019.

Battery production at the end of December 2019 totaled 374 units, compared to 342 in 2018 over the same period. Total battery inventories stood at 420 units at the end of 2019, compared to 1,067 units at December 31, 2018.

As expected, the conversion of the production plants in Canada and Brittany is continuing for the development of the new generation of batteries with higher performances and lower production costs that will be produced starting in 2020.

The Bolloré Group notes that, following the simplified tender offer for the Blue Solutions shares in July 2017, it undertook to launch a tender offer to buy Blue Solutions shares for 17 euros in the first half of 2020(1).

A detailed update on Blue Solutions will be given when the 2019 results are published on March 12, 2020.

   (1)   The terms of this commitment can be found in section 1.3.1 of the Bolloré SA Securities Note approved by the AMF on July 4, 2017 (approval no. 17-326).

Change in revenue



(in millions of euros) 4th quarter 12 months cumulative 
  2019 2018 (2) Reported Organic 2019 2018 (2) Reported Organic
    growth growth   growth growth
 Blue Solutions4.79.0-47%-48%26.438.3-31%-31%

(2) at constant scope and exchange rates

All amounts are expressed in millions of euros and rounded to the nearest decimal.

As a result, the sum of the rounded amounts may differ slightly from the reported total.

Quarterly change in revenue



(in millions of euros) 1st quarter 2nd quarter 3rd quarter 4th quarter
  2019 2018 (2) 2018 2019 2018 (2) 2018 2019 2018 (2) 2018 2019 2018 (2) 2018
 Blue Solutions5.011.211.210.49.79.76.28.58.44.79.08.9

(2) at constant scope and exchange rates

All amounts are expressed in millions of euros and rounded to the nearest decimal.

As a result, the sum of the rounded amounts may differ slightly from the reported total.

Attachment

EN
13/02/2020

Underlying

A1W7AYBlue Solutions SAS

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Blue Solutions SAS

 PRESS RELEASE
Free
A1W7AY Blue Solutions ...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEME...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS Blue Solutions Raison sociale de l’émetteur :Blue SolutionsSociété AnonymeCapital : 145 815 330 EurosSiège social : Odet – 29500 Ergué-Gabéric421 090 051 R.C.S. Quimper DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS La société informe ses actionnaires des éléments suivants au 3 juillet 2020 :   Total actions émises  29 163 066  Total droits de vote  52 062 162  Total droits de vote exerçables en assemblée  52 062 162 Le ...

July 7, 2020 1 EN
 PRESS RELEASE
Free
A1W7AY Blue Solutions ...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEME...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS BLUE SOLUTIONS Raison sociale de l’émetteur :Blue SolutionsSociété AnonymeCapital : 145 815 330 EurosSiège social : Odet – 29500 Ergué-Gabéric421 090 051 R.C.S. Quimper DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS La société informe ses actionnaires des éléments suivants au 30 juin 2020 :   Total actions émises   29 163 066   Total droits de vote   57 230 384   Total droits de vote ...

July 1, 2020 1 EN
 PRESS RELEASE
Free
A1W7AY Blue Solutions ...

Blue Solutions:

Blue Solutions: BLUE SOLUTIONS Press release – June 12th, 2020 Following a fruitful two-year cooperation with Daimler AG, Blue Solutions announces today the signing of a three-year long, with an optional two-year extension period, Battery Supply Agreement with the Daimler AG group. As indicated, in the tender offer prospectus, that supply agreement has been in agreed form since end of March and was expected to be signed after the COVID crisis. Its terms are consistent with the hypotheses underlying the Blue Solutions business plan on the basis of which BM&A, the independent expert appoin...

June 12, 2020 1 EN
 PRESS RELEASE
Free
A1W7AY Blue Solutions ...

Blue Solutions :

Blue Solutions : BLUE SOLUTIONS Communiqué de Presse – 12 juin 2020 Après deux années de coopération fructueuse avec Daimler, Blue Solutions annonce aujourd’hui la signature avec le Groupe Daimler du contrat de fourniture de batteries, d’une durée de trois ans, avec une option de prorogation de deux ans. Comme annoncé dans la note d’information de l’offre publique d’achat en cours, ce contrat d’approvisionnement était en forme agréée depuis fin mars et sa signature devait intervenir à l’issue des restrictions sanitaires. Ses termes sont conformes aux hypothèses retenues dans le plan d...

June 12, 2020 1 EN
 PRESS RELEASE
Free
A1W7AY Blue Solutions ...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEME...

Blue Solutions : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS Blue Solutions Raison sociale de l’émetteur :Blue SolutionsSociété AnonymeCapital : 145 815 330 EurosSiège social : Odet – 29500 Ergué-Gabéric421 090 051 R.C.S. Quimper DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT GENERAL DE L’AUTORITE DES MARCHES FINANCIERS La société informe ses actionnaires des éléments suivants au 31 mai 2020 :   Total actions émises  29 163 066  Total droits de vote  57 351 287  Total droits de vote exerçables en assemblée  57 351 287 Le 3 j...

June 3, 2020 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch