Blue Solutions : 2017 Turnover
15 Février 2018 - 5:48PM
2017 TURNOVER |
February 15, 2018 |
-
4th quarter turnover: 14 million euros, down 37%
at constant scope and exchange rates (down 37% as reported)
compared with the 4th quarter of 2016
-
2017 turnover: 81 million euros, down 26% at
constant scope and exchange rates (down 26% as reported) compared
with 2016
|
-
Consolidated 2017 turnover amounted to 80.7
million euros, down 26% compared with 2016 (109.3 million
euros). In the fourth quarter, turnover amounted to 13.9
million euros, down 37% compared with the fourth quarter of 2016
(22.0 million euros).
As announced, this trend is
attributable to a longer battery life, resulting in a drop in sales
(1,508 batteries sold, down 39% compared with 2016). Sales of
batteries to Bluebus remained strong (391 batteries sold in 2017,
compared with 413 in 2016), bearing in mind that the bus business
started a shorter time ago.
-
2017 turnover includes a 12.5 million euro
contribution to Blue Solutions as part of a partnership agreement
signed between Blue Solutions and Bluecar, Bluebus and Bluestorage
in June 2017. The aim of this research and development cooperation
agreement is to strengthen the development potential of batteries
and their various applications.
-
Bluecar continued to focus on research and
development for new vehicles in 2017. Its efforts are reflected
notably in the delivery of vehicles dedicated to the car-sharing
service inaugurated in Singapore on December 12, 2017. Lastly,
Bluecar also delivered the first models of the E-Mehari in a
Courrèges limited edition.
-
During the year 2017, Bluebus delivered 23
6-meter and 22 12-meter buses (20 6-meter and 22 12-meter buses in
2016), with a sharp increase in the final quarter thanks to the
delivery of 16 buses to the RATP in Paris. Bluebus also concluded
its first international 12-meter bus sales in the second half, with
the order of 5 buses by the Brussels Intercommunal Transport
Company (STIB) in Belgium. The first 12-meter Bluebus for this
market are slated for delivery in 2018.
-
Lastly, Bluestorage continues to work with Blue
Solutions on the design of new ways to store renewable energy
production. These developments are expected to be reflected in
sales in 2018.
Change in the annual turnover |
(in millions of euros) |
4th quarter |
12-month total |
|
|
2017 |
2016 |
Reported |
Organic |
2017 |
2016 |
Reported |
Organic |
|
|
|
growth |
growth |
|
|
growth |
growth |
Blue Solutions |
13.9 |
22.0 |
(37%) |
(37%) |
80.7 |
109.3 |
(26%) |
(26%) |
At constant scope and exchange rates.
All amounts are expressed in millions of euros and rounded to the
nearest decimal.
As a result, the sum of the rounded amounts may differ slightly
from the reported total.
Change in turnover by quarter |
(in millions of euros) |
1st quarter |
2nd quarter |
3rd quarter |
4th quarter |
|
2017 |
2016(1) |
2016 |
2017 |
2016(1) |
2016 |
2017 |
2016(1) |
2016 |
2017 |
2016(1) |
2016 |
Blue Solutions |
19.5 |
31.3 |
31.2 |
35.3 |
34.5 |
34.5 |
12.0 |
21.6 |
21.6 |
13.9 |
22.0 |
22.0 |
(1) at constant scope and exchange
rates.
All amounts are expressed in millions of euros and rounded to the
nearest decimal.
As a result, the sum of the rounded amounts may differ slightly
from the reported total.
Blue Solutions : 2017
Turnover
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: Blue Solutions via Globenewswire
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