TRIGANO (EPA:TRI) - 2017/2018 Third Quarter Sales
Directive transparence : information réglementée Information financière du troisième trimestre
02/07/2018 17:42
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Paris, 2 July 2018
2017/2018 Third Quarter Sales: +24.0%
In the third quarter, Trigano achieved sales of EUR 699.4M, up 24.0% compared
to the previous financial year. Sales at constant scope and exchange rate were
slightly lower than the record level achieved last year.
(Non-audited figures) 2018 2018 Current of which of which
Financial Financial change (%) perimeter exchange
year (EURM) year (EURM) effect (%) * rate
effect
(%) **
Leisure Vehicles
Q1 (Sept-Nov) 506.2 327.9 +54.4 +30.2 -0.4
Q2 (Dec-Feb) 513.8 353.2 +45.5 +28.3 -0.6
Q3 (Mar-May) 635.8 500.5 +27.0 +28.5 -0.7
TTotal as
at end
of May 1,655.8 1,181.6 +40.1 +28.9 -0.6
Leisure Equipment
Q1 (Sept-Nov) 38.5 33.2 +15.9 +5.9 -0.4
Q2 (Dec-Feb) 37.9 34.8 +9.0 +7.4 -0.4
Q3 (Mar-May) 63.6 63.5 +0.3 +4.8 -0.1
Total as
at end
of May 140.0 131.4 +6.5 +5.8 -0.3
Total
Q1 (Sept-Nov) 544.7 361.1 +50.8 +27.9 -0.4
Q2 (Dec-Feb) 551.7 388.0 +42.2 +26.5 -0.6
Q3 (Mar-May) 699.4 564.0 +24.0 +25.9 -0.7
Total as
at end
of May 1,795.8 1,313.0 +36.8 +26.6 -0.6
Change at constant
perimeter and
exchange rates (%)
+24.6
+17.8
-0.8
+11.8
+10.4
+2.0
-4.4
+1.0
+23.3
+16.4
-1.2
+10.7
* Restatement of perimeter effect of newly consolidated entities consists of:
- for entities entering the consolidation scope in the current year,
subtracting the contribution of the acquisition from the aggregates of the
current year;
- for entities entering the consolidation scope in the previous year,
subtracting the contribution of the acquisition from September 1 of the
current year, until the last day of the month of the current year when the
acquisition was made the previous year.
No entities left the consolidation scope during the periods mentioned in this
press release.
** Restatement of the foreign exchange effect consists of calculating
aggregates for the current year at the exchange rate of the previous year.
Leisure vehicles: + 27.0%
Sales benefited in Q3 from the integration of Adria (contribution of EUR
139.4M), but they remained practically stable at constant scope and exchange
rates (-0.8%) after a protracted period of strong growth. The operation at full
capacity of most production sites since the beginning of the financial year
allowed the delivery apportionment of motorhomes and static caravans more in
line with demand and therefore less concentrated on the third quarter.
Furthermore, the commercial activity was penalised by a decline in sales in
Great Britain (motorhomes and caravans) as well as by the delivery shift of
last 2018 models of motorhomes for many business units as a result of
difficulties in supplies of some components and problems in availability of
means of vehicles transportation.
Leisure equipment : +0.3%
The commercial activity was impacted in the third quarter by meteorological
conditions unfavourable for the acquisition of outdoor equipment. Garden
equipment sales were down 18.3%. while camping equipment (-2.8%) and trailers
sales (+0.8% at constant scope) stood up well.
Outlook
The new caravan and motorhome ranges presented to the distribution networks for
the last few weeks have been received positively, which led to an increase in
the level of orders of show models. However, unlike last year, the restocking
orders have not benefited from a fear of a product shortage, so that the global
level of orders (at constant perimeter) has only slightly grown, compared to
the previous year.
Despite uncertainties about the level of consumption in Great Britain and the
chronic difficulty in recruiting personnel on many production sites, the
positive orientation of motorhome market in Europe (registrations up 14.4% over
the first 9 months at the end of May) should allow Trigano to go on increasing
its activity and results in 2018/2019.
Furthermore, the programme to strengthen the governance of Trigano has already
largely begun and will afford the company to have at its disposal the necessary
human resources in line with its new dimension.
2017/2018 Annual sales will be released on 26 September 2018
contact
Laure Al Hassi
phone: +33 1 44 52 16 31
communication@trigano.fr
www.trigano.fr
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