Manutan International : Turnover first half-year of 2018/2019
11 Avril 2019 - 6:00PM
Gonesse, 11th April
2019
MANUTAN
GROUP
Turnover during
the first half-year of 2018/2019
Acceleration of
growth during the second quarter
In
thousands of euros |
Turnover at the end of March 2019 |
Turnover at the end of March 2018 |
Q2 2019 |
Q2 2018 |
Q1 2019 |
Q1 2018 |
Total turnover |
372
360 |
357
270 |
179
748 |
170
160 |
192
612 |
187
110 |
During Q2 2018/2019, the Manutan
Group's business enjoyed a growth of 5.6% compared to the same
quarter of the prior year, including an exchange rates effect of
-0.2% and a day effect of -1.1% (+6.9% at constant exchange rates
and number of days). Turnover amounted to 179.7 million euros,
compared with 170.2 million euros for the same quarter of the
previous fiscal year.
During H1 2018/2019, the Manutan
Group's business increased by 4.2% (+4.5% at constant exchange
rates and +4.4% at constant exchange rates and number of days)
compared to the first half-year of the 2017/2018 fiscal year.
Turnover amounted to 372.4 million euro at 31st March
2019 compared with 357.3 million euros at 31st March
2018.
In terms of its operational
areas[1], the
Group's situation is disparate:
In
thousands of euros |
H1 2019 |
H1 2018 |
Q2 2019 |
Q2 2018 |
Q1 2019 |
Q1 2018 |
Enterprises |
294 894 |
280 808 |
150 229 |
141 723 |
144 665 |
139 085 |
North |
21
355 |
21
706 |
10
488 |
10
658 |
10
867 |
11
048 |
Centre |
63
590 |
60
817 |
32
713 |
31
182 |
30
877 |
29
634 |
Est |
12
024 |
12
734 |
5 871 |
5 975 |
6 153 |
6 759 |
South |
141
605 |
132
137 |
71
546 |
66
430 |
70
059 |
65
707 |
West |
56
320 |
53
414 |
29
611 |
27
478 |
26
709 |
25
936 |
Local Authorities |
77 466 |
76 462 |
29 519 |
28 437 |
47 947 |
48 025 |
South |
77
466 |
76
462 |
29
519 |
28
437 |
47
947 |
48
025 |
Total Group |
372 360 |
357 270 |
179 748 |
170 160 |
192 612 |
187 110 |
Constant
exchange rate and working days |
1st
quarter |
2nd
quarter |
3rd
quarter |
4th
quarter |
Financial year |
Enterprises |
3.1% |
7.1% |
|
|
5.1% |
North |
2.8% |
-0.1% |
|
|
1.4% |
Centre |
2.6% |
6.5% |
|
|
4.5% |
Est |
-9.0% |
0.3% |
|
|
-4.6% |
South |
5.1% |
9.3% |
|
|
7.2% |
West |
2.1% |
6.9% |
|
|
4.5% |
Local Authorities |
-1.3% |
5.5% |
|
|
1.5% |
South |
-1.3% |
5.5% |
|
|
1.5% |
Total Group |
2.0% |
6.9% |
|
|
4.4% |
-
The North area in second quarter is flat
compared to the same quarter of prior year at -0.1% with an order
in-take increasing by +3.4%.
-
The Centre area is showing a growth of +6.5%,
mainly driven by Belgium.
-
The activity in the East area was still impacted
by a base effect (a growth of +13.9% during the same quarter of
fiscal year 2017/2018).
-
The main contributors of the turnover's growth
at +9.3% in the South area are Manutan France (+8.2%), Italy
(+13.5%) and Portugal (+21.4%).
-
The West area is showing an increase of +6.9% in
the second quarter, buoyed by all its markets, despite the economic
environment which remains uncertain.
For the rest of the financial
year, the Group will continue implementing its development strategy
while maintaining its mid-term investment plan. The Group will
carry on actively seeking external growth targets.
*********************
About the Manutan Group
A family-run
business created in 1966. Manutan is Europe's leading B2B
e-commerce company and specializes in the multichannel distribution
of products and equipments for businesses and local
authorities.
Its vast range of
select products and services is one of the largest offerings in
Europe. This enables the company to meet all of its client's needs
and help them reduce their indirect purchase costs.
With 25
subsidiaries established in 17 countries in Europe, the Group has
more than 2 200 employees and has a turnover of 741 million euros
in 2017/2018. Manutan France was awarded
Best Workplaces in
2019.
Manutan
International is listed on Euronext Paris - Compartment B - ISIN:
FR0000032302-MAN.
www.manutan.com
Next publication: First semester
2018/2019 results:
28th May 2019
(after market closure)
[1] The
analysis of the Group's performance by geographical area has been
refined and contains an additional level of granularity:
Enterprises and Local Authorities. This additional information will
be included in our reports from now on.
Manutan International : Turnover
first half-year of 2018/2019
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Manutan International via Globenewswire