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Wednesday, 18 October 2017

Manutan International : TO Q4 2016/2017

Manutan International    

Published: 18:00 CEST 18-10-2017 /GlobeNewswire /Source: Manutan International / : MAN /ISIN: FR0000032302


 

 

 


Gonesse, 18 October 2017

 

MANUTAN GROUP

2016/2017 Q4 turnover

 

(€ thousands)Turnover at the end of September 2017Turnover at the end of September 2016Q4 2017Q4 2016Q3 2017Q3 2016Q2 2017Q2 2016Q1 2017Q1 2016
Turnover like-for-like704,605681,655196,136186,289168,709170,223165,259152,584174,501172,559
Contribution of acquired companies*4,196923,0001,268923,0001,0090,000967,0000,000952,0000,000
Total turnover708,801682,578197,404187,212169,718170,223166,226152,584175,453172,559
*Acquisition of Essex Electrical Wholesalers on 25 July 2016
 

Over the 2016/2017 financial year, the Group's turnover amounted to €708.8 million, registering growth of 3.8% compared to the previous financial year (+5.7% at constant exchange rates). Not including the acquisition of Essex Electrical Wholesalers, the Group's performance was up by +3.4% (+5.2% at constant exchange rates and on a like-for-like basis).

During the fourth quarter, the turnover has grown by 5.4% (+6.3% at constant exchange rates). Not including the scope effect and at constant exchange rates, business is up 6.1%.

The Group presents a consistent outlook for its operational areas, with the exception of the West area, which has been adversely affected by the exchange rate for the pound sterling:

 

€ thousands

Turnover at the end of September 2017

Turnover at the end of September 2016

Q4 2017

Q4 2016

Q3 2017

Q3 2016

Q2 2017

Q2 2016

Q1 2017

Q1 2016

North

40,613

39,676

9,457

8,548

10,017

10,513

10,815

10,170

10,324

10,445

Centre

114,545

108,804

27,817

25,916

26,689

26,695

31,498

29,015

28,541

27,178

East

21,038

18,503

5,289

4,461

5,131

4,741

5,148

4,383

5,470

4,918

South

428,823

410,742

127,998

121,686

102,450

102,712

91,726

83,011

106,650

103,333

West

103,781

104,853

26,843

26,601

25,431

25,562

27,039

26,005

24,468

26,685

TOTAL

708,801

682,578

197,404

187,212

169,718

170,223

166,226

152,584

175,453

172,559

 


 

 

(local currencies)

1st quarter

2nd quarter

3rd quarter

4th quarter

Financial year

North

+0.8%

+6.6%

-2.1%

+10.7%

+3.7%

Centre

+5.0%

+8.5%

-0.1%

+7.4%

+5.3%

East

+11.5%

+17.2%

+6.8%

+15.3%

+12.6%

South

+3.2%

+10.5%

-0.3%

+5.2%

+4.4%

West

+11.4%

+17.1%

+8.0%

+7.3%

+10.6%[1]

Total Group

+1.7%

+8.9%

-0.3%

+5.4%

+3.8%

 

Over the fourth quarter, all the Group's operational areas experienced growth in turnover.

 

Such performance was also achieved throughout the year. 

 

Consequently, this growth has kept the Group on a sound financial footing. In this context, the Group will continue implementing its development strategy while maintaining its medium-term investment plan. 

 

About the Manutan Group

The Manutan Group is a European leader in multi-channel equipment distribution for businesses and local authorities. Established in 17 countries through 25 operating subsidiaries, the Group is a leading player in Europe.

Manutan International is listed on Euronext Paris - Compartiment B - ISIN: FR0000032302-MAN.

www.manutan.com

Next publication: Q1 2017/2018 results -

12 January 2018 (after market closure)



[1] The growth figure for the West area is partially influenced by the recent acquisition of Essex Electrical Wholesalers, which has had a positive effect of 3.2%. Like-for-like, the area would have grown by 7.5%.



Manutan International : TO T4 2016/2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Manutan International, ZAC du Parc des Tulipes Avenue du 21ème siècle, Gonesse 95500, France
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