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mail: info@record.group
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Hubert Jouffroy - Chairman of the Board
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agta record breaks through EUR 400 million sales barrier

Media Release: Fehraltorf, 23 January 2020

Consolidated sales (January 1 through December 31, 2019)

in EUR million

2019

2018

Change

Total sales

404.5

374.4

+ 8.0 %

thereof service and maintenance

163.5

154.7

+ 5.7 %

Total sales at constant exchange rates

400.2

374.4

+ 6.9 %

The high growth rates of the first nine

ting rules related to leasing (IFRS 16).

months

continued into the

final

quarter

ASSA ABLOY is still expecting the transac-

of 2019

and

helped

achieve 8 %

tion between the majority owners of agta

sales

growth

for

the

whole

year.

record and ASSA ABLOY, announced on

The strong sales performance allows

6 March 2019, to close in early 2020.

Next media release

record.group

management to expect significant growth

of EBITDA although this growth is also

Annual results 2019:

supported

by

the

change in

accoun-

24 March 2020 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.

Headquartered in Switzerland, agta record sells its products and services across the globe and is directly present with subsidiaries in 17 countries. agta record is listed on Euronext Paris, foreign stocks. ISIN: CH0008853209

agta record ltd - Allmendstrasse 24 - 8320 Fehraltorf - Switzerland mail: info@record.group - web: www.record.group

your global partner for entrance solutions

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Agta Record AG published this content on 23 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2020 17:49:01 UTC