THERMADOR GROUPE : TURNOVER AT SEPTEMBER 30, 2017
Post# of 301275
TURNOVER AT SEPTEMBER 30, 2017 : +12.5%
| In thousands of euros | 2017 | 2017 constant scope | 2016 | Variation 2017/2016 | Variation 2017/2016 constant scope |
| 1st quarter | 68 513 | 67 942 | 59 776 | +14.6% | +13.7% |
| 2d quarter | 71 241 | 69 637 | 64 637 | +10.2% | +7.7% |
| 3rd quarter | 63 012 | 59 564 | 55 819 | +12.9% | +6.7% |
| Total at 30 September | 202 766 | 197 143 | 180 232 | +12.5% | +9.4% |
| Breakdown by business: | |||||
| Jetly, pumps | 37 325 | 37 325 | 36 058 | +3.5% | +3.5% |
| Sferaco, valves | 36 671 | 36 671 | 33 526 | +9.4% | +9.4% |
| Thermador, accessories for central heating | 28 539 | 28 539 | 26 175 | +9.0% | +9.0% |
| Mecafer and Domac, heavy tools in DIY stores* | 23 177 | 19 021 | 17 444 | +32.9% | +9.0% |
| PBtub, tubes in synthetic materials | 18 692 | 18 692 | 17 363 | +7.7% | +7.7% |
| Dipra, pumps and plumbing in DIY stores | 16 641 | 16 641 | 15 808 | +5.3% | +5.3% |
| Thermador International | 16 079 | 16 079 | 14 644 | +9.8% | +9.8% |
| Sectoriel, motorised valves and air compressors | 13 550 | 13 550 | 12 536 | +8.1% | +8.1% |
| Aello, equipment for swimming pools | 4 472 | 4 472 | 1 443 | +209.9% | +209.9% |
| Isocel, components for boilers | 4 038 | 4 038 | 3 774 | +7.0% | +7.0% |
| Axelair, ventilation equipment | 1 878 | 1 878 | 1 152 | +63.0% | +63.0% |
| Sodeco Valves industrial valves and fittings * | 1 467 | ||||
| Other structures | 237 | 237 | 309 | -23.3% | -23.3% |
* 2017 turnover taking into account acquisition of Domac by Mecafer since March 1, 2017, consolidated since March 1, 2017 and acquisition of Sodeco Valves by Thermador Groupe since August 31, 2017, consolidated since September,1 2017.
BUSINESS AND PROSPECTS Our 2017 watering pumps sales clustered around May, June and July, with the counterpoint of deflated third quarter figures for Jetly and Dipra. Over that period however, the Group's consolidated turnover did show 6.7% growth (excluding external growth), compared to 10.6% in the first half. This confirms that the companies of the Group that sell equipment to the finishing trades of the construction industry are well positioned to make the most of the recovery observed amongst our wholesaler customers. To summarise, since the beginning of the year we have recorded organic growth at an average of 9.4% and an even better improvement in operating profit. We think that this favourable market context, the development of our product ranges and the proven return of inflation will support our growth over the coming months.
You can find our complete press release on our website www.thermador-groupe.fr
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