Manutan International : 2016/2017 Q3 turnover Â
Post# of 301275

                                                                                                                    Gonesse, 18 July 2017
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MANUTAN GROUP
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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% | Â | +1.7% |
Centre | +5.0% | +8.5% | -0.1% | Â | +4.6% |
East | +11.5% | +17.2% | +6.8% | Â | +11.7% |
South | +3.2% | +10.5% | -0.3% | Â | +4.1% |
West | +11.4% | +17.1% | +8.0% | Â | +11.8% [1] |
Total Group | +1.7% | +8.9% | -0.3% | Â | +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.
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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.
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%.
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