TOUPARGEL GROUPE Civrieux d'Azergues, 29 April 2015
Q1 2015 SALES: € 79.4m (+15.2%) Sales (unaudited)- Consolidated
(€m) | 2014 | 2015 | % change |
1st quarter | 68.9 | 79.4 | +15.2% |
- at comparable structure
(€m) | 2014 | 2015 | % change |
1st quarter | 67.7 | 69.6 | +2.7% |
Consolidated revenues advanced by 15.2% to €79.4 million in the first quarter of 2015, owing to a €9.8 million
contribution from acquired companies.
Excluding acquisitions, the Toupargel brand, the Group's historical business, saw its best sales increase in the first quarter since 2009. Sales were up 2.7% as a result of a favourable calendar effect. Business volume was higher because the Easter holiday fell on 5 April as compared with 20 April in 2014, and because of an additional selling day. At a constant number of sale days, revenue increased by 1.2%.
The trend compared with the market continued to improve in the first quarter of 2015, underpinned by the positive
effects of the "Customer Commitment" plan.
By pursuing the "Customer Commitment" plan and revamping the acquisitions made in 2014, the Toupargel group should be able to achieve its revenue stabilisation objective, at comparable structure. The decrease in capex coupled with the cash-flow forecasts should lead to a significant reduction in debt.
Upcoming events
- Publication of sales and earnings for the first half of 2015 on 9 September 2015 (after stock market closing).
- Publication of Q3 2015 sales on 29 October 2015 (after stock market closing).
Euronext Paris, Segment C
CAC®All-Share, CAC® All-Tradable, CAC®Mid & Small, CAC®Small, Gaia Index
Isin FR 0000039240 - Bloomberg: TOU - Reuters: TPGEL.PA
Financial reporting - infofinanciere@toupargel.fr
Press relations - laure.thalamy@toupargel.fr
Analyst & shareholder relations - cyril.tezenas@toupargel.fr Tel.: +33 (0)4.72.54.10.00 www.toupargelgroupe.fr
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