THERMADOR GROUPE : TURNOVER AT SEPTEMBER 30, 2017 : +12.5%

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News Desk 2018
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THERMADOR GROUPE : TURNOVER AT SEPTEMBER 30, 2017 : +12.5%

  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

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...49aefdb007

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