Manutan International : 2017/2018 Q1 turnover
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Gonesse, 17 January 2018
MANUTAN GROUP
2017/2018 Q1 turnover keeps on increasing
(€ thousands) | 31 December 2017 | 31 December 2016 |
Total turnover | 187,110 | 175,453 |
During Q1 2017/2018, the Manutan Group's business enjoyed a growth of 6.6% compared to the same quarter of the prior year, including -0.2% of exchange rate impact and -0.1% of working days impact (+6.9% growth at constant exchange rate and working days). Turnover amounted to 187.1 million euros, compared with 175.5 million euros for the previous financial year.
In terms of its operational areas, the Group's situation is as follows:
€ thousands | Turnover at the end of December 2017 | Turnover at the end of December 2016 |
North | 11,048 | 10,324 |
Centre | 30,110 | 28,541 |
East | 6,759 | 5,470 |
South | 113,256 | 106,650 |
West | 25,936 | 24,468 |
TOTAL | 187,110 | 175,453 |
(constant exchange rate and working days) | 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | Financial year |
North | +10.3% | +10.3% | |||
Centre | +7.3% | +7.3% | |||
East | +20.3% | +20.3% | |||
South | +5.6% | +5.6% | |||
West | +7.5% | +7.5% | |||
Total Group | +6.9% | +6.9% |
All the Group's operational areas enjoyed growth in turnover.
For the remainder of the financial year, the Group will continue implementing its development strategy while maintaining its medium-term investment plan. The Group will carry on actively searching for external growth targets.
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About the Manutan Group
The Manutan Group is a European leader in multi-channel equipment distribution for businesses and local authorities. Established in 17 countries through 25 operating subsidiaries, the Group is a leading player in Europe.
Manutan International is listed on Euronext Paris - Compartiment B - ISIN: FR0000032302-MAN.
Next publication: Q2 2017/2018 results -
13 April 2018 (after market closure)
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
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