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Monday, 16 October 2017

THERMADOR GROUPE : TURNOVER AT SEPTEMBER 30, 2017 : +12.5%

THERMADOR GROUPE    

Published: 17:45 CEST 16-10-2017 /GlobeNewswire /Source: THERMADOR GROUPE / : THEP /ISIN: FR0000061111


 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 (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: THERMADOR GROUPE, Parc d'Activités de Chesnes 80, rue du Ruisseau - BP 719, Saint Quentin Fallavier Cedex 38297, France
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