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ESI Group, a global simulation software provider, joins the Euronext Tech Leaders initiative, comprising over 100 high-growth tech companies in Europe. This segment is designed to enhance the visibility and valuation of leading tech firms within the European financial ecosystem. CEO Cristel de Rouvray highlighted the importance of this recognition for accelerating valuation methods for tech companies. ESI aims to harness tech for improved industrial productivity and environmental sustainability. The initiative will provide ESI with enhanced support services from Euronext.
Positive
Inclusion in the Euronext Tech Leaders initiative, enhancing visibility.
Access to a suite of support services from Euronext.
Alignment with a network of over 700 tech companies.
Negative
None.
The new initiative is dedicated to high-growth and leading tech companies
PARIS--(BUSINESS WIRE)--
Regulatory News:
ESI Group, Rungis, France, (ISIN Code: FR0004110310, Symbol: ESI), a global simulation and virtual prototyping software partner for the industry, today announced that it will join the Euronext Tech Leaders initiative, a new segment including more than 100 high-growth and leading Tech companies across Europe.
Cristel de Rouvray, Chief Executive Officer of ESI Group, comments: “ESI Group is very pleased to be one of the 100 European companies included in this new Euronext Tech Leaders segment. Such types of initiatives are critical for companies like ours. It’ll help to accelerate the shift of valorization methods of tech companies by the European financial ecosystem. At ESI, we believe that Tech, and software, are key enablers for the creation of a more safe, clean, and more productive industry, by extension, society. It’s a new journey that starts for our ecosystem of European Tech Leaders.”.
Euronext’s rich Tech ecosystem brings together 700+ Tech companies listed on Euronext markets with 660+ alumni of its pre-IPO programs and a large international investor base financing all growth profiles of Tech companies.
Euronext Tech Leaders is composed of 100+ high-growth and leading companies, each meeting a specific set of criteria to qualify. It complements Euronext's existing Tech offer and aims to strengthen the European Tech sector and be a catalyst for the next generation of Tech leaders.
In addition to being recognized for the value it creates for the industrial and tech ecosystems, the company is also part of the, even tighter, segment of women-led Tech leaders (less than 10 over +100 companies). ESI Group's management is composed of 10 people, 4 of whom are women holding key positions as CEO, EVP Operations & CFO, SVP Governance & General Secretary, and Chief of staff.
As a Euronext Tech Leader, ESI Group will benefit from the suite of services developed by Euronext and its partners to support participants along their listing journey.
Annual General meeting – June 28, 2022 (1:30 pm CET)
Half-year results – September 7th, 2022 (5:35 pm CET)
Investor’s conference – September 27th, 2022
About ESI Group Founded in 1973, ESI Group envisions a world where Industry commits to bold outcomes, addressing high-stakes concerns - environmental impact, safety & comfort for consumers and workers, adaptable and sustainable business models. ESI provides reliable and customized solutions anchored on predictive physics modeling and virtual prototyping expertise to allow industries to make the right decisions at the right time while managing their complexity. Acting principally in automotive & land transportation, aerospace, defense & naval and heavy industry, ESI is present in more than 20 countries, employs 1200 people around the world, and reported 2021 sales of €136.6 million. ESI is headquartered in France and is listed on compartment B of Euronext Paris.
For further information, go to www.esi-group.com.
About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal. With close to 2,000 listed issuers and around €6.6 trillion in market capitalization as of end March 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs. For the latest news, go to euronext.com or follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
What is the Euronext Tech Leaders initiative and how does it relate to ESI Group?
The Euronext Tech Leaders initiative is a segment for over 100 high-growth tech companies in Europe, aimed at enhancing visibility and valuation methods. ESI Group has joined this initiative, indicating its growth potential.
What benefits will ESI Group receive from joining Euronext Tech Leaders?
As part of Euronext Tech Leaders, ESI Group will gain access to a suite of support services designed to assist in maximizing their visibility and valuation in the market.
How many companies are included in the Euronext Tech Leaders segment?
The Euronext Tech Leaders segment includes more than 100 high-growth and leading tech companies across Europe.
When was ESI Group's announcement about joining Euronext Tech Leaders made?
ESI Group announced its inclusion in the Euronext Tech Leaders initiative on June 8, 2022.
Who is the CEO of ESI Group and what did she say about the initiative?
Cristel de Rouvray is the CEO of ESI Group. She emphasized that this recognition is critical for accelerating valuation methods for tech companies.