MANUTAN INTERNATIONAL Gonesse, January 14th 2016
MANUTAN GROUP
2015/2016 Q1 turnover
| (thousands €) | Turnover at the end of December 2015 | Turnover at the end of December 2014 |
| Turnover excluding acquired companies | 158.776 | 155.425 |
| Contribution of companies acquired* | 13.783 | 0 |
| Total turnover | 172.559 | 155.425 |
* Acquisition of Papeteries Pichon completed on June 30th, 2015
During Q1 2015/2016, Manutan Group's business activity increased by 11.0% (+9.7% at constant exchange rates) compared to the same quarter of the previous fiscal year. Turnover amounted to 172.6 million euros, versus 155.4 million euros for the same period of the previous fiscal year. Without acquisition of Papeteries Pichon, group activity is increasing by +2.2% (+0.8% at constant changes).
In terms of its operational areas, the Group's situation shows the situation below:
| (€ thousands) | Turnover at the end of December 2015 | Turnover at the end of December 2014 |
| North | 10.445 | 10.361 |
| Centre | 27.178 | 26.694 |
| East | 4.918 | 4.756 |
| South | 103.333 | 90.907 |
| West | 26.685 | 22.709 |
| TOTAL | 172.559 | 155.425 |
| Local currencies | 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | Financial year |
| North | +2.2% | +2.2% | |||
| Centre | +1.7% | +1.7% | |||
| East | +1.4% | +1.4% | |||
| South | +13.7% | +13.7%[1]: #_ftn1 | |||
| West | +7.6% | +7.6% | |||
| Total Group | +11.0% | +11.0% |
All the Group's operational areas increased their turnover.
The performance of East area recorded a 1.4% growth (in local currencies) despite the impact of business termination in Russia; at constant perimeter, its performance would be +10.6%.
About the Manutan Group
The Manutan Group is a European leader in multi-channel equipment distribution for businesses and local authorities. Established in 18 countries through 25 operating subsidiaries, the Group is a leading player in Europe.
Manutan International is listed on Euronext Paris - Compartiment B - ISIN: FR0000032302-MAN.
www.manutan.com:
http://www.manutan.com
Next publication: Q2 2015/2016 turnover -
14 April 2016 (after market closure)
[1]:
#_ftnref1 This evolution on South area is highly impacted by contribution of Papeteries Pichon. This new acquisition has a positive effect of +15.2% on the area, at constant perimeter the area would be decreasing by -1.5%.
http://hugin.info/143497/R/1978912/724779.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Manutan International via Globenewswire
