Manutan International : 2016/2017 Q3 turnover

Gonesse, 18 July 2017

MANUTAN GROUP

2016/2017 Q3 turnover





(€ thousands)

Turnover at the end of June 2017

Turnover at the end of June 2016



Q3
2017



Q3
2016



Q2
2017



Q2
2016



Q1
2017



Q1
2016

Turnover
like-for-like

508,468

495,366

168,709

170,223

165,259

152,584

174,501

172,559

Contribution
of acquired companies*

2,928

0

1,009

0

967

0

952

0

Total turnover

511,396

495,366

169,718

170,223

166,226

152,584

175,453

172,559

*Acquisition of Essex Electrical Wholesalers finalised on 25 July 2016

The dynamic growth recorded since the beginning of the financial year continues on all Group`s areas. At constant exchange rates and days, and on a like-for-like basis, Group`s turnover is up 4.5% (+1.1% at constant exchange rates) compared with the same quarter of the 2015/2016 financial year. This quarter was particularly impacted by days effect.

At the end of the third quarter of 2016/2017, the Manutan Group`s business is up 3.2% (+4.9% at constant exchange rates and days) year-on-year. Turnover amounted to €511.396 million, compared with €495.366 million in 2016.

In terms of its operational areas, the Group`s situation shows a diverse situation:

(€ thousands)

At the end of June 2017

At the end of June 2016

Q3 2017

Q3 2016

Q2 2017

Q2 2016

Q1 2017

Q1 2016

North

31,156

31,128

10,017

10,513

10,815

10,170

10,324

10,445

Centre

86,728

82,888

26,689

26,695

31,498

29,015

28,541

27,178

East

15,749

14,042

5,131

4,741

5,148

4,383

5,470

4,918

South

300,825

289,056

102,450

102,712

91,726

83,011

106,650

103,333

West

76,938

78,252

25,431

25,562

27,039

26,005

24,468

26,685

TOTAL

511,396

495,366

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%

+1.7%

Centre

+5.0%

+8.5%

-0.1%

+4.6%

East

+11.5%

+17.2%

+6.8%

+11.7%

South

+3.2%

+10.5%

-0.3%

+4.1%

West

+11.4%

+17.1%

+8.0%

+11.8%[1]

Total Group

+1.7%

+8.9%

-0.3%

+3.2%

Over the third quarter of the financial year, based on an equivalent number of days, business growth would be +2.8% for the North area, +3.3% for the Centre area, +12.8% for the East area, +4.3% for the South area and +10.0% for the West area.

With a financial position that remains very sound, and with the goal of sustaining its profitable growth, the Group will continue to implement 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.