Order intake at the end of September rose 17.5%
|Consolidated (€M) – non audited||2016||2015||Variation|
Sharp increase in 3rd quarter 2016 Sales up +20.9%
Third quarter 2016 Sales of the MAISONS FRANCE CONFORT Group are in line with the trends announced and amount to €129M in growth of 20.9%, 15.1% at constant scope – excluding Camif Habitat and Illico Travaux activity, integrated as from 1st October 2015.
At 30 September 2016, the total Sales amounted to €441.3 million, up 23.5%. At constant scope,
the growth was + 16.7%.
Over the period, the renovation activity represents total sales of €31.2M.
Sales momentum continues with new orders up 17.5% at end-September
At end September 2016, order intake increased to 5,372 sales and €593.5M (excl. taxes) up 15.1% in number and 17.5% in value over last year. Third quarter 2016 Sales, despite a less favourable base effect, progressed 9.0% in number and 12.1% in value. October's Sales remained at a high level.
At 30 September 2016, order intake for renovation activity totalled €32.3M.
Strong growth and improved profitability ensured for the fiscal years 2016 and 2017
Taking into account the level of work in progress and the dynamism of order-taking over the past year, MAISONS FRANCE COMFORT confirms a double digit growth in its production for financial years 2016 and 2017.
In 2016, under the volume effect, operational profitability will improve considerably. To this volume effect is added a gross margin effect in 2017, thus opening the way to a gradual return to a sustainable operating margin.
Beyond the new areas for development that the Group has initiated (renovation, bundle offer for housing associations, land development), MAISONS FRANCE CONFORT will be pursuing a strong commercial dynamic with broader offering combined with new web tools and marketing to strengthen its leader position.
Next press release: 2016 Sales, on 7 February 2017 after stock exchange closing.
ABOUT MAISONS FRANCE CONFORT:
Founded in 1919, MAISONS FRANCE CONFORT is the oldest builder of single-family homes in France and the largest builder of single-family homes on individual plots. Already leader in the house construction, MAISONS FRANCE CONFORT became in 2015 the French No. 1 in house renovation. The Group operates in all 12 regions in France, with more than 375 sales offices.
Staff at 30 September 2016: 1,555 people.
MAISONS France CONFORT equities are eligible for PEA-PME equity savings plan.
MAISONS FRANCE CONFORT is listed on the Euronext Paris – Compartment B.
ISIN Number: FR 0004159473 – Index: CACÒ Small, CACÒ Mid & Small, CACÒ All-Tradable, CACÒ All-Share
MAISONS FRANCE CONFORT
Chairman and Managing Director
Tel. +33 (0)2 33 80 66 61
Finance & Administration Manager
Tel. +33 (0)2 33 80 66 61
Tel. +33 (0)4 72 18 04 90
Marie Claude Triquet
Tel. +33 (0)4 72 18 04 93
Quaterly financial disclosure:
– Third Quarter Information
Full and original press release in PDF: