TURNOVER AT 31 MARCH 2017: EUR 131 MILLION | Bourse Reflex
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VM MATERIAUX (VMMA) FR0000066540


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TURNOVER AT 31 MARCH 2017: EUR 131 MILLION

Mercredi 10 Mai 2017 à 18:00

Growth of 2.8% in the first quarter of 2017
(like-for-like)

ifrs – € million
Consolidated turnover
1st quarter
2017(1)
1st quarter
2016(2)
IFRS 5
Change %
2017 vs 2016 IFRS 5
 
        Restated of
disposals
in 2017(3)
Building Materials Trading 82.6 82.4 +0.2% +1.6%
Concrete Industry 18.3 16.9 +8.0% +8.0%
Industrial Joinery 34.8 34.0 +2.4% +2.4%
Other 5.5 5.3 +4.7% +4.7%
Inter-segment eliminations (10.2) (10.0) - -
TOTAL 131.0 128.6 +1.9% +2.8%
  1. Figures have not been audited. Turnover for 2017 is reported in line with IFRS 5 (excluding activities in the process of being sold)
  2. Turnover restated for activities in the process of being sold in accordance with IFRS 5. The application of accounting standard IFRS 5 does not factor in the disposal of VM Piscines in January 2017
  3. Disposal of VM Piscines in January 2017

Increase in activity in the 1st quarter of 2017

HERIGE Group posted turnover of €131 million for the first three months of 2017, up 2.8% like-for-like, i.e., not including VM Piscines and the other activities currently being sold, on the same period in 2016.

All Group activities contributed to growth:

  • turnover for Building materials trading increased 1.6% like-for-like on the back of a recovering market, particularly for the public works sector,
  • turnover for the Concrete industry increased 8.0% following an increase in volumes, primarily for ready-mix concrete,
  • turnover for Industrial joinery increased 2.4%, boosted by its new product AM-X and its Closures division.

Outlook and developments

Against a positive backdrop of a gradual recovery in the construction sector, HERIGE Group is confident of its capacity to capitalize in full on a more dynamic market.

As part of its 2016-2020 plan to refocus on its core activities, the Group's strategic goals include achieving lasting profitable growth to finance its future development.

Next publication: Q2 2017 turnover on 25 July 2017
(after the stock exchange closes).

All our financial communications are available on our website www.groupe-herige.fr


ABOUT HERIGE

HERIGE Group focuses on three sectors of the building industry: Building materials trading, the Concrete industry and Industrial joinery. Originally based in the Vendée region, HERIGE currently employs more than 2,400 people and has a strong presence in Western France.

HERIGE is listed on Euronext Paris, Compartment C

PEA/PME eligible

Indices: CAC SMALL, CAC MID & SMALL, CAC ALL TRADABLE, ENTERNEXT©PEA-PME 150 

Codes: ISIN FR0000066540, Ticker: HERIG

Bloomberg HERIG.FP, Reuters HERIG.PA

 

 

HERIGE
Alain MARION - Chairman of the Executive Board
Caroline LUTINIER - Head of Group Communication
Tel: +33 (0)2 51 08 08 08
E-mail: communication@groupe-herige.fr

ACTUS finance & communication
Corinne PUISSANT
Analyst/Investor Relations
Tel: +33 (0)1 53 67 36 77 – E-mail: cpuissant@actus.fr
Anne-Catherine BONJOUR
Press Relations
Tel: +33 (0)1 53 67 36 93 - E-mail: acbonjour@actus.fr


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Mots-clés : Growth   Like   Ifrs   Building   Trading   Concrete   Industry   Being   Sector  
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