MANUTAN INTERNATIONAL Gonesse, January 15th 2015
MANUTAN GROUP
2014/2015 Q1 turnover
| (€ thousands) | 31 December 2014 | 31 December 2013 |
| Total turnover | 155,425 | 160,354 |
During Q1 2014/2015, Manutan Group's business underwent a negative growth of 3.1% (-3.6% at constant exchange rates) compared to the same quarter of the previous fiscal year. Turnover amounted to 155.4 million euros, versus 160.3 million euros for the same period of the previous fiscal year.
In terms of its operational areas, the Group's situation shows a diverse situation:
| (€ thousands) | Turnover at the end of December 2014 | Turnover at the end of December 2013 |
| North | 10,361 | 11,025 |
| Centre | 26,694 | 28,973 |
| East | 4,756 | 4,810 |
| South | 90,907 | 96,214 |
| West | 22,709 | 19,334 |
| TOTAL | 155,425 | 160,354 |
| (local currencies) | 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | Financial year |
| North | -1.6% | -1.6% | |||
| Centre | -7.9% | -7.9% | |||
| East | +3.9% | +3.9% | |||
| South | -5.5% | -5.5% | |||
| West | +10.2% | +10.2% | |||
| Total Group | -3.1% | -3.1% |
Most of operational areas recorded a decline in their turnover, except for the West and East areas. They reported respectively an increase of 10.2% and 3.9% of their turnover, compared to the first quarter of the previous fiscal year.
With a financial situation still very solid, a close eye will need to be kept on where the economic climate is heading, and the Group will continue focusing its efforts on developing its short and medium-term revenues.
About the Manutan Group
The Manutan Group is a European leader in multi-channel equipment distribution for businesses and local authorities. Established in 19 countries through 25 operating subsidiaries, the Group is a leading player in Europe. In 2013/2014, the Manutan Group generated revenue of 590 million euros, almost 40% of which outside France.
Manutan International is listed on Euronext Paris - Compartiment B - ISIN: FR0000032302-MAN.
www.manutan.com:
http://www.manutan.com
Next publication: Q2 2014/2015 turnover -
16 April 2015 (after market closure)
http://hugin.info/143497/R/1887437/667671.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Manutan International via Globenewswire
