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First half-year sales 2014



First half-year sales 2014: +10.9%


Full year targets are confirmed


Acquisitions of two dealers






First half-year consolidated sales (January to June) - unaudited


































In EUR million 2014 2013 Change
1st quarter 64.3 57.7 +11.4%
2nd quarter 72.5 65.7 +10.4%
Total first half-year 136.8 123.4 +10.9%
Thereof maintenance 55.8 53.7 +3.9%

In the U.S. and European markets, whose recovery is still to be felt, product sales (+16.2%) are fueled by acquisitions, market share growth and replacement of ancient installations. Our Group has achieved good performances in the U.S., the U.K. and France. In return, maintenance is significantly impacted by the slowing down of the lift modernisation business in France (market -40%, PACA AS -20%).


A strong order intake in the first 6 months (+12.6%) and a higher order book (+18%) give hope of a stronger growth in the second half-year.




2014 targets:


agta record reiterates its sales growth target of +9% to +11% over the full year.


In May, our Group has acquired two dealers (Kuala Lumpur and Toronto) with cumulated annual sales of EUR 3m.




Next press release: half-year results 2014, on 11 September 2014 (after market closing).








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.


Headquartered in Switzerland, agta record sells its products and services across the globe and is directly present with subsidiaries in 16 countries.


agta record is listed on Euronext Paris – foreign stocks

 


ISIN : CH0008853209


www.agta-record.com








Contacts:


agta record

Hubert Jouffroy – Chairman of the Board

 


Actus Lyon

Amalia Naveira – Investor Relations

Tél : +33 (0)4 72 18 04 97 - [email protected]

Marie-Claude Triquet – Press Relations

Tél : +33 (0)4 72 18 04 93 - [email protected]


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Quelle: Actusnews

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