Egide: Egide Group order entry is accelerating in Q4 21

Bollène , December 10 ,2021 – 07 :00am(CET) Press ReleaseEgide Group order entry is accelerating in Q4 21, preparing for continued growth in 2022. New customer contracts were secured in 4 th quarter 2021, comfortingthe Egide Group backlog for 2022 .Egide customers globally unaffected by the current shortage of electronic componentsEgide USA's Cambridge Plant at Full Production CapacityGroup enters 2022 with ...

Bollène Cedex, 10/12/2021 (informazione.news - comunicati stampa - scienza e tecnologia)

Bollène , December 10 ,2021 – 0 7   :00 a m (CET)
Press Release

Egide Group o rder entry is accelerating in Q4 21,
preparing for continued growth in 2022.

While the world economy is worried about the resurgence of the epidemic, Egide Group is approaching 2022 with serenity after securing new business engagements these recent weeks.

Thanks to the industrial efforts in Bollène and Cambridge, the Egide Group is able to respond positively to the dynamics of its markets, offering improved lead-time compared to its traditional competitors.

The Group is confirming again that its customers do not seem to be impacted by the worldwide shortage of electronic components that has been affected other high-volume market such as computers, mobile phones or automotive.

Jim Collins, President and CEO of Egide, comments: “ 2020 and 2021 were difficult years for the Group, particularly due to the health crisis and the fire at our Cambridge plant. The very good rhythm of our order book build-up in recent months, driven largely by the Defense sector, provides a solid foundation for a good year 2022. »

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CONTACTS

EGIDE – Luc Ardon – CFO - +33 4 90 30 35 94 – luc.ardon@fr.egide-group.com

FIN'EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 – i.aprile@finextenso.fr

About Egide - Keep up to date with all the Group's news online: www.egide-group.com and LinkedIn

Egide is a group with an international dimension, specialized in the manufacture of hermetic packages and heat dissipation solutions for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Thermal Imaging. Optronics. High-Frequency. Power Units…). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.

Egide is listed on Euronext Paris™- Segment C - ISIN code: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID

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