1st Quarter 2011/2012 - Total sales up 5.7% | Bourse Reflex
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Prismaflex Intl (PRS) FR0004044600


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1st Quarter 2011/2012 - Total sales up 5.7%

Lundi 18 Jul 2011 à 18:00

Significant points for 1st quarter:

  • Dynamic Home Décor activity
  • Printing activity stable
  • Distec Gmbh consolidation underway
  • Positive outlook with healthy order backlog

 

Q1 consolidated sales

  Q1: 1st April  – 30th June Excluding Distec
  3 Months 3 Months     3 Months
In M€ (non audited) 2011/2012 2010/2011 Var. M€ Var.% 2011/2012
Printing 6.93 6.60 0.33 + 5.1% 6.93
Hardware 5.68 5.34 0.34 + 6.4% 5.32
Total 3 months 12.61 11.94 0.67 + 5.7% 12.25
Total constant currencies 12.89 11.94 0.95 + 8 % 12.51

With constant currencies, Sales would stand at €12.89 million, mainly due to fluctuations of the US Dollar over the period (around 13%).
Distec Gmbh was acquired in 2011 and is a German manufacturer of scrolling signs and display columns.

Prismaflex International sales at €12.61 million are up by 5.7% on the same period 2010/2011. With constant currencies, growth would be 8% or an organic growth of 4.8% 

Excluding Home Décor, Printing activity stands at €4.71 million against €4.97 million the previous year due mainly to low activity in England and South Africa.

Home Décor continues to perform strongly, up 25% at €3.43 million.

Hardware activity (excluding Home Décor) is up 5.1% at €4.47 million. The inclusion of Distec represents 8% of the growth. It should be noted that Q1 figures for the previous year were boosted by LED display sales which should reoccur in the coming months.

Outlook
On June 30, 2011, the order backlog, essentially for hardware, is looking positive at €7.2 million.

The Annual Shareholders’ Meeting will take place on Friday 30th September 2011 in Saint Clément les Places (69930) at 2.30pm.

Contacts:

PRISMAFLEX INTERNATIONAL
Emmanuel Guzman - CFO - phone: +33 (0)4 74 70 68 00 – finance@prismaflex.com

ACTUS Lyon
Amalia Naveira – Analysts/Investors contact - phone: +33 (0)4 72 18 04 92 – anaveira@actus.fr
Marie-Claude Triquet – Press contact – phone: +33 (0)4 72 18 04 93 - mctriquet@actus.fr

 

PRISMAFLEX INTERNATIONAL
Outdoor Advertising solutions manufacturer and large format digital printing
ISIN: FR0004044600-PRS - Reuters: PRS.PA – Bloomberg: PRS FP
NYSE-Euronext Paris – Compartiment C
www.prismaflex.com


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