Sales for the 3rd quarter of 2015 up 10.3%
Summary
Reminder: the seasonal nature of the ESI Group’s Licenses business results in the recognition of the largest share of annual revenue in the fourth quarter of the year. The currency impact for the period was a positive €3.9 million and stemmed primarily from favorable movements in the US dollar and, to a lesser extent, the Japanese Yen and South Korean Won. The highlight was the marked buoyancy of the Licensing business in China that was driven predominantly by the success of the immersive virtual reality solution among strategic partners. Founded over 40 years ago, ESI has developed a unique proficiency in helping industrial manufacturers replace physical prototypes by virtually replicating the fabrication, assembly and testing of products in different environments. To enable customer innovation, ESI’s solutions integrate the latest technologies in high performance computing and immersive Virtual Reality, allowing companies to bring products to life before they even exist.