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14.10.2016 17:40:43
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THERMADOR GROUPE : Turnover at September 30, 2016: +7.0%
Turnover at September 30, 2016: +7.0%
| In thousands of euros | 2016 |
2016 constant scope* | 2015 | Variation 2016/2015 |
Variation 2016 constant scope*/2015 |
| 1st quarter | 59,776 | 52,880 | 53,599 | 11.5 % | - 1.3 % |
| 2d quarter | 64,637 | 57,133 | 56,771 | 13.9 % | 0.6 % |
| 3rd quarter | 55,819 | 55,819 | 58,067 | - 3,9 % | - 3.9 % |
| Total at 30 September | 180,232 | 165,832 | 168,437 | 7.0 % | - 1.5 % |
| Breakdown by business: | |||||
| Jetly: pumps, tanks, accessories | 36,058 | 36,058 | 36,072 | 0.0 % | 0.0 % |
| Sferaco: valves, fittings | 33,526 | 33,526 | 33,305 | 0.7 % | 0.7 % |
| Thermador: accessories for central heating | 26,175 | 26,175 | 26,113 | 0.2 % | 0.2 % |
| Mecafer: heavy tools in DIY stores* | 17,444 | 5,010 | 5,513 | - 9.1 % | |
| PBtub: tubes in synthetic materials | 17,363 | 17,363 | 19,535 | - 11.1 % | - 11,1 % |
| Dipra: pumps and plumbing in DIY stores | 15,808 | 15,808 | 17,422 | - 9.3 % | - 9.3 % |
| Thermador International | 14,644 | 14,644 | 14,991 | - 2.3 % | - 2.3 % |
| Sectoriel: motorised valves and air compressors* | 12,536 | 10,570 | 10,669 | 17.5 % | - 0.9 % |
| Isocel: components for boilers | 3,774 | 3,774 | 3,776 | - 0.1 % | - 0.1 % |
| Aello: equipment for swimming pools | 1,443 | 1,443 | |||
| Axelair: ventilation equipment | 1,152 | 1,152 | 769 | 49.8 % | 49.8 % |
| Other structures | 309 | 309 | 272 | 13.6 % | 13.6 % |
| * 2016 turnover at constant scope: turnover taking into account acquisitions of Mecafer by Thermador Groupe and Nuair France by Sectoriel, consolidated since July 1, 2015. | |||||
BUSINESS
We were unable to replicate the record 3rd quarter of last year, made possible by exceptional weather conditions from the very start of the summer of 2015. The performances of our recent companies, Aello and
Axelair, were not sufficient to compensate for the substantial reversals over the past three months of PBtub, Dipra and Mecafer. Our three major subsidiaries are resisting well in spite of difficult circumstances.
PROSPECTS
A lot of statistical indicators confirm a recovery of building starts, suggesting better prospects for all those involved in the finishing sector of the construction industry. However, this recovery is obviously a lot less vigorous than it was in 2010. As concerns activity, the modest 2015 4th quarter should however help us on our way back to a positive pace of organic growth.
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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