business trend for the year 2011
Group Turnover (January – September)
(unaudited)
| In EUR million | 2011 | 2010 | Variance |
| 1st half-year | 112,1 | 106,0 | +5,8% |
| 3rd quarter | 57,5 | 54,7 | +5,1% |
| Total 9 months | 169,6 | 160,7 | +5,5% |
During the first nine months, Group turnover grew by 5.5%. Product sales rose by 5.1% and maintenance sales by 6.1%. Work-in-progress increased 50.7%.
backlog stands at EUR 48 million and is more than 40% higher than at the start of 2011. The increase in backlog is due to both a restraint in personnel recruitment (resulting in slight delays in order execution) and 8.2% growth in order intake.
The fourth quarter is expected to continue the trend of the first three quarters. Full-year growth of turnover is anticipated to be 5-6%.
Next media release: 2011 turnover, on 26 January 2012 (after trading).
About agta record
Ranking among the top players in the global market for automatic pedestrian doors, agta record calls on its integrated technological and commercial know-how. The Group's extensive expertise covers the design, production, marketing, installation and maintenance of a large range of automatic doors.
Based in Switzerland, agta record is present with subsidiaries in 50 countries around the world.
agta record is listed on Euronext Paris – foreign stocks
ISIN : CH0008853209
Contacts:
agta record
Hubert Jouffroy – Chairman of the Board
Actus Lyon
Amalia Naveira – Investor Relations - Tél : +33 (0)4 72 18 04 97 - anaveira@actus.fr
Marie-Claude Triquet – Press Relations - Tél : +33 (0)4 72 18 04 93 - mctriquet@actus.fr
