Fiscal year 2013/2014: 9-month Sales at EUR 41.46 million


Significant points for 3rd quarter:



Dynamic hardware activity driving growth
Home Décor activity performing well with a slowdown expected for Q4
Printing continues to resist despite being hit by currency fluctuations and a competitive European market
Order backlog confirms the Group's solid nine-month period performance

YTD consolidated turnover (April 1, 2013 - December 31, 2013)





April 1, 2013- December 31, 2013
 
Q3: Oct.1, 2013 - Dec. 31, 2013


Non audited
9 Months
9 Months
 
 
3 Months
3 Months
 
 


In € million
2013/2014
2012/2013
Var. €M
Var.%
Q3 14
Q3 13
Var. €M
Var.%


Printing
22.64
21.41
1.24
5.8%
7.72
7.48
0.25
3.3%


Hardware
18.82
12.35
6.47
52.4%
7.96
4.27
3.69
86.7%


Total 9 months
4146
33.75
7.71
22.8%
15.69
11.74
3.94
33.6%


Total sales at constant currencies
42.81
33.75
9.06
26.8%
16.34
11.74
4.60
39.2%


At constant currencies, sales stand at €42.81 million mainly due to fluctuations of the South African Rand, CAD and GBP of around -18.8%, -7.5% and -5.3% respectively.

Prismaflex International Sales are up 11.5% on the same period 2011/2012.


Excluding Home Décor, Printing activity is slightly up for Q3 (+1.2% on the previous year). Despite performing well in a competitive environment, namely in Europe, Printing activity is penalised by currency fluctuations (the South African Rand, CAD and GBP). For the nine-month period, activity is up 2.4% on the same period of the previous year to stand at €17.10 million.


Home Décor benefits from a favourable base effect and a sustained level of activity. For the 9-month period, sales are up 18.1% on the same period for the previous year to stand at €9.07 million. Q4 will probably record a slowdown in activity.


Hardware activity (excluding Home Décor) continues to perform well. Q3 results are up €3.61 million on the same period of the previous year. For the nine-month period, activity is up 63% at €15.29 million. The Prismatronic (LED display) records the strongest growth for the full period representing more than 20% of this activity.


 


Outlook


On December 31, 2013, order backlog, essentially for “hardware” at €13.9 million (€10.8 million at the end of September 2013) reaches a top, with major orders in Russia, Germany and Latin America (Prismatronic).


Nest press release:

Annual Sales figures, May 5, 2014 after closure.


 




PRISMAFLEX INTERNATIONAL

Outdoor Advertising solutions manufacturer and large format digital printing

ISIN: FR0004044600-PRS - Reuters: PRS.PA - Bloomberg: PRS FP

Eurolist by Euronext Paris - Compartiment C

www.prismaflex.com


 


 


Contacts:

Emmanuel Guzman/ CFO - phone: +33 (0)4 74 70 68 00 - finance@prismaflex.com

Amalia Naveira - Analysts/Investors contact - phone: +33 (0)4 72 18 04 92 - anaveira@actus.fr

Marie-Claude Triquet - Press contact - phone: +33 (0)4 72 18 04 93- mctriquet@actus.fr

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http://www.actusnews.com/documents_communiques/ACTUS-0-34601-cp-prismaflex_international-160114.pdf

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