Touax SCA Reports revenue Results for the Third Quarter and Nine Months of 2018
November 15, 2018 at 11:45 am EST
Touax SCA reported earnings results for the third quarter and nine months of 2018. For the third quarter, the company announced the revenue from activities totaled €39.6 million compared to €37.4 million in the third quarter of 2017, equal to an increase of 6%. Over the quarter, leasing revenues increased slightly to €34.7 million while sales of equipment increased significantly (€4.6 million compared with €2.9 million in the third quarter of 2017). Leasing revenues therefore amounted to €103.9 million at constant scope and exchange rates, an improvement over the third quarter compared to the first two quarters of the year, confirming a positive trend.
For the nine months, the company’s combined revenue from activities amounted to €114 million (€118.6 million at constant scope and exchange rates compared to €121.7 million in 2017).