Hologram. Industries : Revenue at September 30, 2013: €33.3M

Regulatory News :

Hologram. Industries (Paris:HOL) :

    
      
        
          (€m)
        
        
           
        
        
          

2013

2012

Change

2011

        
      
      
        
          First quarter
        
        
           
        
        
          10.1
        
        
           
        
        
          9.7
        
        
           
        
        
          +5%
        
        
           
        
        
          9.0
        
      
      
        
          Second quarter
        
        
           
        
        
          13.0
        
        
           
        
        
          12.9
        
        
           
        
        
          +1%
        
        
           
        
        
          11.3
        
      
      
        
          

First half

23.1

22.5

+2.5%

20.3

        
      
      
        
          Third quarter
        
        
           
        
        
          10.2
        
        
           
        
        
          11.0
        
        
           
        
        
          -7.2%
        
        
           
        
        
          9.9
        
      
      
        
          

Total nine months

33.3

33.6

-0.7%

30.2

The Group had sales in the 2013 third quarter of €10.2 million, down 7.2% from last year's same period. This decrease reflects timing differences for orders and invoicing since the second quarter that it has not possible to reduce.

Year-to-date for the first nine months, revenue contracted 0.7% year-on-year.

Sales volume from new business amounted to €4.8 million (compared to €5.5 million for the first nine months of 2012).

• Revenue by geographic market

    
      
        
          € millions
        
        
           
        
        
          

9 months 2013

9 months 2012

2012

        
      
      
        
        
        
        
        
        
        
           
        
        
        
        
        
        
        
        
        
        
        
        
           
        
        
        
        
        
        
        
        
        
        
        
        
           
        
        
        
      
      
        
          Western Europe
        
        
        
        
          

16.0

        
        
        
        
          48%
        
        
        
        
        
        
        
        
          

12.2

        
        
        
        
          36%
        
        
        
        
        
        
        
        
          21.1
        
        
        
        
          43%
        
      
      
        
          Eastern Europe
        
        
        
        
          

5.8

        
        
        
        
          17%
        
        
        
        
        
        
        
        
          

7.0

        
        
        
        
          21%
        
        
        
        
        
        
        
        
          8.6
        
        
        
        
          18%
        
      
      
        
          Rest of the world
        
        
        
        
          

11.5

        
        
        
        
          35%
        
        
        
        
        
        
        
        
          

14.4

        
        
        
        
          43%
        
        
        
        
        
        
        
        
          19.2
        
        
        
        
          39%
        
      
      
        
          Of which. Asia-Pacific
        
        
        
        
          

4.9

        
        
        
        
          15%
        
        
        
        
        
        
        
        
          

9.1

        
        
        
        
          27%
        
        
        
        
        
        
        
        
          11.1
        
        
        
        
          23%
        
      
      
        
          Of which: Americas
        
        
        
        
          

4.3

        
        
        
        
          13%
        
        
        
        
        
        
        
        
          

3.7

        
        
        
        
          11%
        
        
        
        
        
        
        
        
          5.3
        
        
        
        
          11%
        
      
      
        
          Of which: Africa - Middle East
        
        
        
        
          

2.3

        
        
        
        
          7%
        
        
        
        
        
        
        
        
          

1.5

        
        
        
        
          5%
        
        
        
        
        
        
        
        
          2.8
        
        
        
        
          5%
        
      
      
        
        
        
        
        
           
        
        
           
        
        
           
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
      
      
        
          

Total

33.3

        
        
        
        
          100%
        
        
        
        
        
        
        
        
          

33.6

        
        
        
        
          100%
        
        
        
        
        
        
        
        
          

48.9

        
        
        
        
          100%
        
      
    
    

With sustained growth momentum, Western Europe registered the strongest gain in the period with (+31%). In contrast, Asia remained impacted by invoicing timing differences as well as a drop in sales for Motorola products in this region.

• Breakdown by user application

    
      
        
          € millions
        
        
           
        
        
          

9 months 2013

9 months 2012

2012

        
      
      
        
        
        
        
        
        
        
           
        
        
        
        
        
        
        
        
        
        
        
        
           
        
        
        
        
        
        
        
        
        
        
        
        
           
        
        
        
      
      
        
          Identity documents
        
        
        
        
          

16.7

        
        
        
        
          50%
        
        
        
        
        
        
        
        
          

18.2

        
        
        
        
          54%
        
        
        
        
        
        
        
        
          25.7
        
        
        
        
          52%
        
      
      
        
          Vehicle identification
        
        
        
        
          

9.1

        
        
        
        
          27%
        
        
        
        
        
        
        
        
          

8.1

        
        
        
        
          24%
        
        
        
        
        
        
        
        
          10.8
        
        
        
        
          22%
        
      
      
        
          Brand protection
        
        
        
        
          

3.4

        
        
        
        
          10%
        
        
        
        
        
        
        
        
          

3.9

        
        
        
        
          12%
        
        
        
        
        
        
        
        
          4.7
        
        
        
        
          10%
        
      
      
        
          Fiduciary documents
        
        
        
        
          

3.5

        
        
        
        
          11%
        
        
        
        
        
        
        
        
          

2.5

        
        
        
        
          7%
        
        
        
        
        
        
        
        
          6.0
        
        
        
        
          12%
        
      
      
        
          Other
        
        
        
        
          

0.7

        
        
        
        
          2%
        
        
        
        
        
        
        
        
          

0.9

        
        
        
        
          3%
        
        
        
        
        
        
        
        
          1.7
        
        
        
        
          4%
        
      
      
        
        
        
        
        
           
        
        
           
        
        
           
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
        
        
        
        
        
        
        
           
        
        
           
        
        
           
        
      
      
        
          

Total

33.3

        
        
        
        
          100%
        
        
        
        
        
        
        
        
          

33.6

        
        
        
        
          100%
        
        
        
        
        
        
        
        
          

48.9

        
        
        
        
          100%
        
      
    
    

Sales growth was driven mainly by vehicle identification (+12%) and fiduciary documents (+€1.0m). Despite a €1.5 million decline, identity documents remain the Group's primary user application (50% of consolidated revenue). The brand protection segment was impacted in particular by the continuing reduction of sales with Motorola.

In the total revenue mix, digital activities represented €2.8 million in sales volume for the first nine months compared with €3 million from the same period in 2012.

• Financial position and outlook

Group debt, net of cash, amounted to €5.3 million at September 30, 2013.

Despite the relative stability of sales to date, the level for the fourth quarter should allow the Group to achieve, in line with expectations, a performance of sustained growth in relation to the prior years.

Upcoming events: 2013 revenue

Tuesday January 14, 2014 (after the close of trading on NYSE-Euronext Paris)

Hologram. Industries is a provider of high security anti-counterfeiting solutions for:- Identity documents- Vehicle documents- Brand products- Fiduciary documents;- Identifying and searching for illicit digital contentIn 2012 the Group had sales of €49 million. The expertise of Hologram. Industries is based on three major technology areas: optics, material sciences and computing.

www.hologram-industries.com

Euronext Paris– ISIN code: FR0000062168

Financial communicationsAsset ComLaurence Costes, Tel.: + 33 1 41 22 90 [e-mail] relationsKablé CommunicationYoann Moisan, [phone] [e-mail] relationsHologram. IndustriesGrégory Wagemans, + 33 1 64 76 31 [e-mail]