A positive 3rd quarter up 22.3%
Significant points:
- Hardware sales up 12.2% for the 9-month period and 49% for the quarter with strong LED activity (€2.1 million)
- On December 31, order backlog stands at €7 million with a major order from a German group for LED products
- Positive forecasts for Q4 2015/2016 activity
YTD consolidated turnover (April 1, 2015 - December 31, 2015)
April 1- December 31 2015 | Q3: Oct 1 - Dec 31 | ||||||||
Non audited | 9 Months | 9 Months | 3 Months | 3 Months | |||||
In € million | 2015/2016 | 2014/2015 | Var. €M | Var.% | Q3 16 | Q3 15 | Var. €M | Var.% | |
Printing activity | 21.98 | 21.48 | 0.50 | +2.3% | 7.60 | 7.07 | 0.54 | +7.6% | |
Hardware activity | 16.80 | 14.98 | 1.82 | +12.2% | 5.80 | 3.89 | 1.91 | +49.0% | |
Total 9 months | 38.78 | 36.45 | 2.33 | +6.4% | 13.40 | 10.96 | 2.44 | +22.3% | |
Total Sales at constant currencies | 37.96 | 36.45 | 1.51 | +4.1% | 13.32 | 10.96 | 2.36 | +21.5% |
At constant currencies, sales for the 9-month period stand at €37.96 million mainly due to fluctuations of the GBP (9.8%) and USD (16%).
Excluding Home Décor, Printing activity for the 9-month period is up 4.4% on N-1 at €17.31 million, confirming the favourable growth recorded in S1. 2015/2016 Q3 activity at €5.82 million is up 4.4% on the same period of the previous year. Activity in Spain and the UK is down while performance in South Africa and France is positive.
Home Décor activity for the 9-month period stands at €7.19 million slightly down (4.8%) on December 31, 2014 figures (€7.55 million). Q3 activity shows good growth with sales at €2.68 million, up 14.8% with the launch of a new product line.
Hardware sales (excluding Home Décor) reflect the trend noted in Q2 and are up 60.5% for the quarter at €4.90 million and 15.9% for the 9-month period at €14.28 million. LED sales represent €2.11 million for the quarter and €4.43 million for the 9-month period. For the 12-month period last year the same line of products represented just €1 million, confirming the growth potential month by month.
Outlook
On December 31, 2015, order backlog, essentially for Hardware stands at €7.0 million (compared to €5.5 million on October 31, 2015). This includes a major order for digital products (Prismatronic) worth over €2 million from a key German group. Fifty screens grand format will soon be installed in the town of Cologne. The same client has announced a program of digitalisation of 150 advertising boards covering Hamburg, Dusseldorf and Munich.
Q4 2015/2016 activity should reflect Q2 and Q3 performance levels.
Next press release: Q4 sales figures (March 2016), May 9, 2016 after closure
PRISMAFLEX INTERNATIONAL OUTDOOR ADVERTISING SOLUTIONS MANUFACTURER AND WIDE FORMAT DIGITAL PRINTING ISIN : FR0004044600-ALPRI - Reuters : ALPRI.PA - Bloomberg : ALPRI.FP ALTERNEXT Paris www.prismaflex.com |
Contacts:
Emmanuel Guzman - CFO - phone: +33 (0)4 74 70 68 00 - finance@prismaflex.com
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