Agta Record : First half-year sales 2016

Order intake is up 7.3%, from a high Q1/2015 base that counted two exceptional orders worth almost EUR 5 million, despite the restructuring of the production centres in France slowing down order intake and invoicing.
This situation should improve in the last quarter of this year. In addition the exceptional 2015 order in the USA should be invoiced in 2016.

agta record confirms its growth perspective of 8 to 9%.

First half-year EBITA will be affected by the delayed invoicing at record France.

In the second half, if the British Pound stays at the present level, EBITA could be reduced by EUR 0.6 million and non-cash forex losses could be EUR 0.6 million (estimates).

Sales first half-year (1st January - 30th June) - non audited

In EUR million	2016	2015	Change
First quarter	77.8	71.1	+ 9.4 %
Second quarter	89.5	77.8	+ 15.0 %
Total first half-year	167.3	148.9	+ 12.4 %
Thereof maintenance	68.9	60.5	+ 13.9 %
at constant exchange rates	170.0	148.9	+ 14.2 %
Thereof maintenance	69.6	60.5	+ 15.0 %

Next media release

Half-year results on 12 September 2016 (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 and gates.

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

Contact

Hubert Jouffroy - Chairman of the Board - mail: [e-mail] - web: shareholders.agta-record.com

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