0OJ4.L - Egide S.A.
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- Globe Newswire
Egide: EGIDE USA Industrial Incident in the Cambridge facility, Maryland, USA.
Cambridge and Bollène, July 3, 2020 - 06:00 pm (CET)Press Release For immediate release.EGIDE USA Industrial Incident in the Cambridge facility, Maryland, USA.On July 1, 2020, the Egide USA facility in Cambridge, Maryland, USA had closed for an extended July 4th holiday weekend. After work hours, a fire started within the plating area. It was quickly extinguished and there were no injuries. Priority was immediately given to the inventory of potentially hazardous chemicals associated with the plating facility affected by the fire.A third-party hazard remediation company was contacted and is onsite. Working with the Waste Treatment Team at Egide, the EPA, the MDE and fire officials, an assessment of the factory is underway. At this time, while Egide does not know the extent of the damage, it appears to be contained to our gold plating operation. Egide is prepared to work around the clock to restore as much of the facility as possible.Under these circumstances, all the Egide Group's US and French teams are mobilized to satisfy current orders and serve the urgent needs of its customers. Indeed, the plating lines at our plants in San Diego, California, and Bollène, France, are ready to take over if necessary, to ensure the delivery of urgent orders. All customers potentially impacted in the short term by this incident will be contacted individually in order to review the status of deliveries and the upcoming schedule.The Egide Group and the Cambridge teams would like to express their deepest gratitude to the rescue workers who arrived very quickly and thank them for their competence and professionalism.The Group's priority is now focused on the safety of its employees and of the community and on the environmental impact of these events. All the Group's units are also concentrating on serving its customers in the best possible way given the situation.A follow-up communication will be made as soon as the situation evolves.To find out more about Egide: www.egide-group.comAbout Egide 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’s eligibility for tax efficient French innovation-focused mutual funds (FCPI) was renewed on May 14, 2018.Egide is listed on Euronext Paris™- Segment C - ISIN code: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID CONTACTS FIN’EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 – i.aprile@finextenso.fr Attachment * Egide-Cambridge-PR-200703-EN
- Globe Newswire
Egide STRENGTHENS ITS SALES PRESENCE IN RUSSIA BY SIGNING A DISTRIBUTION AGREEMENT WITH SD SOLUTIONS
PRESS RELEASE Bollène, June 8, 2020 – 06:00 pm (CET)EGIDE SA STRENGTHENS ITS SALES PRESENCE IN RUSSIA BY SIGNING A DISTRIBUTION AGREEMENT WITH SD SOLUTIONSEgide (Euronext Paris - FR0000072373), a leading group with an international dimension, specialized in the manufacture of hermetic packages and heat dissipation solutions for sensitive electronic components, announces a new Distribution Agreement. In the frame of its worldwide sales strategy to develop Egide’s export business, a new agreement has been signed in Russia with SD Solutions LLC (headquartered in St Petersburg).SD Solutions LLC will cover Russia, Belarus, and Kazakhstan for EGIDE SA.Headed by Mr Vladimir A. Tertychenko, this Company has a proven experience of technical sales of high reliability electronics solutions in this region of the world within the targeted markets of Egide: Space, Avionics, Oil drilling, Power industry and Medical applications.Egide’s package and thermal management solutions will perfectly complement the product portfolio of SD Solutions, for the full benefit of the same customer base.Mr Tertychenko comments on this new Agreement with Egide: « Egide - SD Solutions Teams established the first Working Group in 2019 to explore ways for deepen partnership in Space and Industrials markets. The decision to sign a Distribution Agreement between Egide and SD Solutions is one more step to strengthen the cooperation between French and Russian high-tech companies in these markets. Egide’s solutions, expertise, and ability to develop custom products for the most demanding spheres are expected to be great support for our traditional customer list and allow us to extend our partnership with potential partners from the new industrial areas. We appreciate this new cooperation for the greater benefit of both our companies. » Vincent Courty, VP Worldwide Sales of Egide group says: « We are delighted to sign this Agreement with a premium distributor such as SD Solutions as our partner in the Russian market. This proves our strong commitment to offer a wide range of innovative products to our customers wherever they are in the world, and now in Russia. These customers, with the support of SD Solutions, will now get access to the re-known technical expertise and excellence of Egide teams to provide high quality hermetic packages. The strong presence of SD Solutions in the Space and Industrial markets in Russia, will help us continue to build strong relationships with these new customers and achieve high quality growth for the Egide Group in the future. » Financial Agenda: General Meeting: June 19, 2020 (behind closed doors) 2020 H1 revenue: July 23, 2020To find out more about Egide: www.egide-group.comAbout Egide 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’s eligibility for tax efficient French innovation-focused mutual funds (FCPI) was renewed on May 14, 2018. Egide is listed on Euronext Paris™- Segment C ISIN code: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID CONTACTS EGIDE – Finance Department - Luc Ardon - +33 4 90 30 35 94 – luc.ardon@fr.egide-group.com INBOUND CAPITAL – Investor Relations – Frédéric Portier - +44 7802 533333 – fportier@inbound.capital FIN’EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 – i.aprile@finextenso.fr Attachment * Egide-Distribution-Agreement-RUSSIA-200608-PR
- Simply Wall St.
Why Egide S.A.'s (EPA:GID) CEO Pay Matters To You
Jim Collins became the CEO of Egide S.A. (EPA:GID) in 2014. This report will, first, examine the CEO compensation...
- Globe Newswire
Egide: BAE Systems Honors Egide USA with a Gold Tier Supplier Award
Press ReleaseBAE Systems Honors Egide USA with a Gold Tier Supplier AwardCambridge, MD – April 29, 2020 -06:00pm (CET) - Egide USA, a subsidiary of Groupe Egide (Euronext Paris - ISIN code: FR0000072373) today announced it won a Gold Tier Award for exceptional performance and contributions to supply chain success in 2019 for BAE Systems’ Electronic Systems sector. Egide USA was selected from a pool of more than 2,200 suppliers that worked with the sector in 2019.Jim Collins, President and CEO of the Egide group, comments: “Egide USA is honoured to receive this distinction from BAE Systems. We attach great importance to our partnership with them and we believe that this award is a testimony to the strength of our collaboration and our sustained joint growth. »BAE Systems’ Partner 2 Win program is designed to achieve operational excellence and eliminate defects in its supply chain by raising the bar of performance expectations to meet the demand of current and future customers. As part of the program, BAE Systems meets regularly with its suppliers at their locations to transfer best practices to ensure that the components and materials that compose BAE Systems products meet the highest quality standards.“We are proud to partner with companies – including Egide USA – committed to delivering the highest quality products on-time, every time,” said Kim Cadorette, vice president of Operations for BAE Systems’ Electronic Systems sector. “We look forward to continued collaboration and success.”About BAE Systems BAE Systems provides some of the world’s most advanced, technology-led defense, aerospace, and security solutions. The company employs a skilled workforce of more than 83,000 employees worldwide and operations in 30 U.S. states. Working with customers and local partners, BAE Systems develops, engineers, manufactures, and supports products and systems to deliver military capability, protect national security and people, and keep critical information and infrastructure secure.About Egide - www.egide-group.com 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’s eligibility for tax efficient French innovation-focused mutual funds (FCPI) was renewed on May 14, 2018. Egide is listed on Euronext Paris™- Segment C - ISIN code: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID CONTACTSEGIDE USA PRESS CONTACT Gabriel Vitorla, VP Sales, North America Isabelle APRILE +1-410-901-6100 - Gabriel.Vitorla@Santier.com +33 1 39 97 61 22 – i.aprile@finextenso.fr Attachment * Egide-BAE-Award-PR_04292020
- Simply Wall St.
Introducing Egide (EPA:GID), The Stock That Tanked 79%
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We...
- Simply Wall St.
Is Egide S.A.'s (EPA:GID) CEO Salary Justified?
Jim Collins became the CEO of Egide S.A. (EPA:GID) in 2014. This report will, first, examine the CEO compensation...
- Simply Wall St.
Is Egide S.A.'s (EPA:GID) Balance Sheet A Threat To Its Future?
Investors are always looking for growth in small-cap stocks like Egide S.A. (EPA:GID), with a market cap of €11m...
