TRIGANO (EPA:TRI) - 2018/2019 Third Quarter Sales
Directive transparence : information réglementée Information financière du troisième trimestre
01/07/2019 17:48
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Paris, 1 July 2019
2018/2019 Third Quarter Sales: +3.2%
In a context of growth of the motorhomes market in Europe, Trigano strengthened
its positions and achieved sales of EUR 721.6M in the third quarter, up 3.2%.
of which Change at
2018 2019 of which exchange constant
Financial Financial Current perimeter rate perimeter
in EURM year year change effect (%) effect and exchange
(EURM) (EURM) (%) ** (%) *** rates (%)
Leisure Vehicles
Q1 (Sept-Nov)* 506.2 535.6 +5.8 +7.8 +0.0 -2.0
Q2 (Dec-Feb) 513.8 519.1 +1.0 +0.0 +1.0
Q3 (Mar-May)* 635.9 654.7 +3.0 +0.2 +2.8
Total as at
end of May* 1,655.9 1,709.4 +3.2 +2.4 +0.1 +0.7
Leisure Equipment
Q1 (Sept-Nov)* 38.5 42.2 +9.7 -0.2 +9.9
Q2 (Dec-Feb) 37.9 40.0 +5.3 -0.3 +5.6
Q3 (Mar-May)* 63.6 66.9 +5.2 -0.1 +5.3
Total as at
end of May* 140.0 149.1 +6.5 -0.2 +6.7
Total
Q1 (Sept-Nov)* 544.7 577.8 +6.1 +7.2 +0.0 -1.1
Q2 (Dec-Feb) 551.7 559.0 +1.3 +0.0 +1.3
Q3 (Mar-May)* 699.6 721.7 +3.2 +0.2 +3.0
Total as at
end of May* 1,796.0 1,858.5 +3.5 +2.2 +0.1 +1.2
* Non-audited figures
** 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
In the third quarter, motorhome sales (+2.8%) did not fully benefit from market
growth (+8.2 over 9 months at the end of May) due to the continuation of the
inventory reduction policy of distribution networks throughout Europe. However,
Trigano gained further market share (+0.4 point over the period).
Caravan sales (+4.7%) and static caravan sales (+7.8%) remained well oriented,
whereas sales of accessories for leisure vehicles declined (-3.6%).
Leisure Equipment
The commercial activity of the quarter benefited from favourable meteorological
conditions for the acquisition of outdoor equipment. Garden equipment sales (+
8.1%) and trailer sales (+6.5%) showed good growth. The camping equipment
activity also expanded, the 7.1% drop in revenue comes from the anticipation of
the supply of stewardship markets in the first half-year.
Prospects
The new caravan and motorhome ranges presented to the distribution networks for
the last few weeks have been well received, which led to a global increase in
the level of orders of show models. However, distributors have been cautious
about their commitments in restocking orders pending the reaction of customers
to price increases consecutive to the evolution of engines of wheelbases (entry
into force of Euro 6d anti-pollution standard).
The positive orientation of the motorhome market in Europe and the expected end
of the networks inventory reduction should allow Trigano to pursue the growth
of its activity in 2019/2020 despite uncertainties on the level of consumption
in the United Kingdom.
2018/2019 Annual sales will be released on 25 September 2019
contact
Laure Al Hassi
phone: +33 1 44 52 16 31
communication@trigano.fr
www.trigano.fr
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