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  GROUPE GORGE company press release from 04/06/2019

  04/06/2019 - 09:40

Groupe Gorgé awarded an important contract in fire protection


Groupe Gorgé, through its subsidiary CLF Satrem, specialized in firefighting systems, has been awarded an historic contract worth more than €4.5 million for the fire protection of a brand new building dedicated to biotechnology.

As part of this contract, CLF Satrem will carry out the design, the supply and the installation of sprinkler systems, hose-reels and inert gas extinguishing systems.

This project is the largest order recorded by CLF Satrem. More than 10,000 sprinklers will be installed. Design phase started and the project should be completed by mid-2021.

This success confirms that Groupe Gorgé is a major player in firefighting systems in France. This dynamic market is driven by newbuild in the services and industrial sector and offers a large volume of recurring business thanks to the sales of consecutive regulatory services and maintenance.

About Groupe Gorgé
Founded in 1990, Groupe Gorgé is an independent group that specializes in high-tech industries. Today, the Group is active in the fields of security and protection in extreme environments, as well as in the 3D printing sector. In its more than twenty-five-year history, Groupe Gorgé has always developed and driven the latest technological and industrial innovations.
 
 
Smart Safety Systems:
Developing complete, innovative technological solutions for complex missions in hostile and confined environments.
 
Protection of High-Risk Installations:
Protecting people and ensuring the active and passive protection of installations for energy markets and industrial and tertiary sectors in France. Ensuring the maintenance of these protection systems.
 
3D Printing:
Enabling major industry players to find new routes to successful innovation and production processes by providing 3D printers, premium material, software and 3D printed parts.
 
In 2018, the Group reported revenue of €296 million. It is backed by 2,000 employees and operations in six countries.
 
 
More information available on www.groupe-gorge.com
 
Groupe Gorgé is listed on Euronext Paris Compartment C
ISIN code: FR0000062671
Ticker code: GOE
 
 
 
Investor contacts:
Anne-Pauline Petureaux
Investor Relations
Tel: +33 1 53 67 36 72
E-mail: apetureaux@actus.fr
 
 
Press Contacts:
Lauranne Guirlinger
Press relations
Tel: +33 1 53 70 05 46
E-mail : lguirlinger@image7.fr
 
Manon Clairet
Financial press relations
Tel: +33 1 53 67 36 73
E-mail : mclairet@actus.fr
 
 

Forward-looking statement

GROUPE GORGE press releases may contain forward-looking statements regarding GROUPE GORGE's targets. These forward-looking statements reflect GROUPE GORGE's current expectations. Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that could cause actual results, performance or events to differ materially from those anticipated herein. The risks and uncertainties that could affect the Group's future ability to achieve its targets include, in addition to those indicated in the press release: the strength of competition; the development of markets in which the Group operates and notably the 3D printing division; currency fluctuations; obtaining the export authorizations that may be required for certain activities; control of costs and expenses; changes in tax legislation, laws, regulations or their enforcement; our ability to successfully keep pace with technological advances; our ability to attract and retain qualified personnel and key staff; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; manufacturing and supply chain bottlenecks; the performance of our business partners (subcontractors, agents, suppliers, etc.). Some of these risk factors are set forth and detailed in our Registration document filed with the French Autorité des Marchés Financiers, available on our website www.groupe-gorge.com. This list of risks, uncertainties and other factors is not limitative. Other unanticipated, unknown or unforeseeable factors, such as changes in the economic situation or financial markets, could also have a material adverse effect on our targets.

This press release and the information it contains do not constitute an offer to sell or to subscribe, or a solicitation to purchase or subscribe shares or securities in GROUPE GORGE or in its listed subsidiaries in any country whatsoever.

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