MAISONS FRANCE CONFORT: Acquisition of EXTRACO CREATION
MAISONS FRANCE CONFORT strengthens its position as leader
Acquisition of EXTRACO CREATION
The MAISONS FRANCE CONFORT company announces the acquisition of the whole of the capital of EXTRACO CREATION whose head office is in Rouen (Seine-Maritime) with effect from the 1st July 2012.
A builder of traditional individual houses for over twenty years, the EXTRACO CREATION group has 8 agencies in Eure and Seine Maritime and markets about 250 houses per year.
This group employs 80 people and reports excellent 2011/2012 performance with:
• Consolidated turnover of €25M,
• Consolidated operating profit of €1.8M, which is an operating profitability of 7%,
• Consolidated net profit of €1.3M, which is a net margin of 5.2%.
The group's balance sheet structure is very solid with cash at €4.6M and consolidated own capital of the order of €5M.
The acquisition of the EXTRACO CREATION company reinforces the geographical coverage of MAISONS FRANCE CONFORT group, in a buoyant region where the Axe Seine corridor is at the heart of the "Grand Paris" project.
The current managers, Messieurs REQUIN and CHIAPPE, retain their functions.
Despite an economic context that remains subdued this external growth confirms the Group's confidence in the relevance of its business model and once again demonstrates its ability to bring together the best performing players in the sector.
Next press release: 1st half year 2012 results, on 17 September 2012 after stock exchange.
Next meeting: on 18 September 2012 10:00 am - Hôtel Lotti, 7 rue de Castiglione, Paris 1.
ABOUT MAISONS FRANCE CONFORT
Founded in 1919, MAISONS FRANCE CONFORT is the oldest builder of single-family homes in France and one of the first two largest builder of single-family homes on individual plots. The Group operates in 20 regions in France, with 340 sales offices and 50 model homes.
Staff size at 30 June 2012: 1,433 people.
MAISONS FRANCE CONFORT is listed on the Euronext Paris - Compartment C.
ISIN Code: FR 0004159473 - Index: CAC® Small, CAC® Mid & Small, CAC® All-Tradable, CAC® All-Share
Commercial site: www.maisons-france-confort.com - Financial site: www.groupe-mfc.com
| CONTACTS : |
MAISONS FRANCE CONFORT Patrick Vandromme Chairman and Managing Director Tel. +33 (0)2 33 80 66 61 Email [email protected] |
ACTUS Amalia Naveira Analyst/Investor/Press relations Tel. +33 (0)4 42 18 04 90 E-mail [email protected] |
| Jean-Christophe Godet Finance & Administration Manager Tel. +33 (0)2 33 80 66 61 Email [email protected] |
Marie Claude Triquet Presse relations Tel. +33 (0)4 72 18 04 93 Email [email protected] |
Communiqués au titre de l'obligation d'information permanente :
- Activité de l'émetteur (acquisitions, cessions...)
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-29199-cp-maisons-france-confort-060912.pdf
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