THERMADOR GROUPE : TURNOVER AT SEPTEMBER 30, 2017 : +12.5%
October 16 2017 - 11:45AM
TURNOVER AT SEPTEMBER 30, 2017 : +12.5%
| In
thousands of euros |
2017 |
2017 constant scope |
2016 |
Variation 2017/2016 |
Variation 2017/2016 constant scope |
| 1st
quarter |
68 513 |
67 942 |
59 776 |
+14.6% |
+13.7% |
| 2d
quarter |
71 241 |
69 637 |
64 637 |
+10.2% |
+7.7% |
| 3rd
quarter |
63 012 |
59 564 |
55 819 |
+12.9% |
+6.7% |
| Total at 30 September |
202 766 |
197 143 |
180 232 |
+12.5% |
+9.4% |
| Breakdown by business: |
|
|
|
|
|
| Jetly, pumps |
37 325 |
37 325 |
36 058 |
+3.5% |
+3.5% |
| Sferaco, valves |
36 671 |
36 671 |
33 526 |
+9.4% |
+9.4% |
| Thermador, accessories for central heating |
28 539 |
28 539 |
26 175 |
+9.0% |
+9.0% |
| Mecafer and Domac, heavy tools in DIY stores* |
23 177 |
19 021 |
17 444 |
+32.9% |
+9.0% |
| PBtub, tubes in synthetic materials |
18 692 |
18 692 |
17 363 |
+7.7% |
+7.7% |
| Dipra, pumps and plumbing in DIY stores |
16 641 |
16 641 |
15 808 |
+5.3% |
+5.3% |
| Thermador International |
16 079 |
16 079 |
14 644 |
+9.8% |
+9.8% |
Sectoriel, motorised valves
and air compressors |
13 550 |
13 550 |
12 536 |
+8.1% |
+8.1% |
| Aello, equipment for swimming pools |
4 472 |
4 472 |
1 443 |
+209.9% |
+209.9% |
| Isocel, components for boilers |
4 038 |
4 038 |
3 774 |
+7.0% |
+7.0% |
| Axelair, ventilation equipment |
1 878 |
1 878 |
1 152 |
+63.0% |
+63.0% |
Sodeco Valves industrial valves
and fittings * |
1 467 |
|
|
|
|
| Other structures |
237 |
237 |
309 |
-23.3% |
-23.3% |
* 2017 turnover taking into account acquisition of
Domac by Mecafer since March 1, 2017, consolidated since March 1,
2017 and acquisition of Sodeco Valves by Thermador Groupe since
August 31, 2017, consolidated since September,1 2017.
BUSINESS AND
PROSPECTS
Our 2017 watering pumps sales clustered around May, June and July,
with the counterpoint of deflated third quarter figures for Jetly
and Dipra. Over that period however, the Group's consolidated
turnover did show 6.7% growth (excluding external growth), compared
to 10.6% in the first half. This confirms that the companies of the
Group that sell equipment to the finishing trades of the
construction industry are well positioned to make the most of the
recovery observed amongst our wholesaler customers.
To summarise, since the beginning of the year we have recorded
organic growth at an average of 9.4% and an even better improvement
in operating profit.
We think that this favourable market context, the development of
our product ranges and the proven return of inflation will support
our growth over the coming months.
You can find our complete press
release on our website www.thermador-groupe.fr
thg1610
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: THERMADOR GROUPE via Globenewswire
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