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14.10.2015 17:45:45
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THERMADOR GROUPE : Turnover at September 30, 2015: +5.5%
THERMADOR GROUPE
Turnover at September 30, 2015: +5.5%
| In thousands of euros | 2015 | 2015 constant scope* | 2014 | Variation 2015/2014 | Variation 2015 constant scope* /2014 | |
| 1st quarter | 53,599 | 53,599 | 55,576 | - 3.6% | - 3,6% | |
| 2d quarter | 56,771 | 56,771 | 55,397 | + 2.5% | + 2.5% | |
| 3rd quarter | 58,067 | 51,697 | 48,689 | + 19.3% | + 6.2% | |
| Total au 30 septembre | 168,437 | 162,067 | 159,662 | +5.5% | +1.5% | |
| Détail par secteurs d'activité : | ||||||
| Jetly, pumps | 36,072 | 36,072 | 35,523 | + 1.5% | + 1.5% | |
| Sferaco, valves | 33,305 | 33,305 | 32,543 | + 2.3% | + 2.3% | |
| Thermador, heating accessories | 26,113 | 26,113 | 25,770 | + 1.3% | + 1.3% | |
| PBtub, tubes in synthetic materials | 19,535 | 19,535 | 22,724 | - 14.0% | - 14.0% | |
| Dipra: pumps and plumbing in DIY stores | 17,422 | 17,422 | 16,050 | + 8.5% | + 8.5% | |
| Thermador International | 14,991 | 14,991 | 12,832 | + 16.8% | + 16.8% | |
| Sectoriel, drive units for valves and compressors * | 10,669 | 9,812 | 9,375 | + 13.8% | + 4.7% | |
| Mecafer, heavy tools in DIY stores* | 5,513 | |||||
| Isocel, components for boilers | 3,776 | 3,776 | 4,178 | - 9.6% | - 9.6% | |
| Axelair, ventilation | 769 | 769 | 394 | + 95.2% | + 95.2% | |
| Other structures | 272 | 272 | 273 | - | - | |
* 2015 turnover at constant scope: Turnover excluding acquisitions of Mecafer by Thermador Groupe and Nuair France by Sectoriel, consolidated since July 1, 2015.
Business
Organic growth for the third quarter (+6.2%) brings us up to the record activity levels of 2013, at constant scope. The very hot summer, boosting sales of Jetly and Dipra watering pumps, and our international development, were the main reasons behind this result.
With the inclusion of Mecafer and Nuair France, consolidated turnover for the 3rd Quarter was €58m, an increase of 19.3%.
Prospects
In spite of still-uncertain prospects, the various projects recently developed in the Group are grounds for confidence.
In July 2015, the acquisitions of Mecafer and Nuair France were €20.5m financed in cash, and €6.5m in new shares. Our net cash account remains positive in spite of this, and we have no debt. Our solid financial structure allows us to calmly lay the foundations for our future growth whilst continuing with our ongoing policy of dividend payment.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: THERMADOR GROUPE via Globenewswire
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