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.

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

www.manutan.com

Next publication: H2 2016/2017 results -
18 October 2017 (after market closure)



[1] The growth figure for the West area is influenced by the acquisition of Essex Electrical Wholesalers, which has had a positive effect of 3.7%. At constant exchange rates and on a like-for-like basis, growth would amount to 8.0%.

Manutan International : 2016/2017 Q3 turnover



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Source: Manutan International via Globenewswire