record your global partner for entrance solutions
quarter sales
in EUR million | 2020 | 2019 | Change |
Turnover | 91.7 | 95.2 | -3.7 % |
thereof service and maintenance | 40.4 | 38.9 | +3.9 % |
The pandemic started to impact | maintenance | and | service activities | |||
turnover in the course of March after | (2.9 %). | |||||
the agta record Group had booked | Given the volatility of current deve- | |||||
attractive | growth | rates during the | ||||
lopments, it is not possible to issue | ||||||
first two | months | of 2020. | During | |||
any forecast regarding the develop- | ||||||
March product sales (-19.5 %) were | ||||||
ment of the business during the full | ||||||
more impacted than sales of main- | ||||||
year. The management of the agta | ||||||
tenance and service (-5.7 %). Many | ||||||
record Group is ready to adapt the | ||||||
customers | had to delay installation | |||||
organisation | and | the | capacities. | |||
work because | employees | could | ||||
In addition, having no debt and a | ||||||
not travel or due to closures of con- | ||||||
substantial amount | of | cash on the | ||||
struction sites and buildings. On a | ||||||
balance sheet will help to emerge | ||||||
positive note, order intake continued | ||||||
in good shape from the pandemic. | ||||||
to grow in the first quarter, both in | ||||||
the product business (2.7 %) and in | ||||||
agta record ltd - Allmendstrasse 24 - 8320 Fehraltorf - Switzerland | ||||||
mail: info@record.group - web: www.record.group | record.group | |||||
your global partner for entrance solutions
record your global partner for entrance solutions
Next media release | ASSA ABLOY continues to expect |
Half-year sales 2020: | the closing of the acquisition of agta |
23 July 2020 after trading | record, announced on 6 March |
2019, in the second half of 2020 | |
after all remaining closing conditions | |
and the EU Commission require- | |
ments have been fulfilled. | |
About agta record | Contact |
Ranking among the top players in the global | agta record ltd |
market for automatic pedestrian doors, agta | Hubert Jouffroy - Chairman of the Board |
record calls on its integrated technological | |
Tel. + 33 6 07 44 56 12 | |
and commercial know-how. The Group's | |
mail: info@record.group | |
extensive expertise covers the design, pro- | |
duction, marketing, installation and mainte- | web: www.record.group |
nance of a large range of automatic doors. | |
Headquartered in Switzerland, agta record | |
sells its products and services across the | |
globe and is directly present with subsidi- | |
aries in 17 countries. agta record is listed | |
on Euronext Paris, foreign stocks. ISIN: | |
CH0008853209 |
agta record ltd - Allmendstrasse 24 - 8320 Fehraltorf - Switzerland mail: info@record.group - web: www.record.group
record.group
your global partner for entrance solutions
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Agta Record AG published this content on 23 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2020 15:57:10 UTC