Upturn in activity for Q1 2013/2014 - Total Sales: EUR 13.1 million
Significant points for 1st quarter:
- Printing activity benefits from the developments of new dry posting solutions in Europe
- Upturn in hardware export activity. An important tender in England has been awarded to Prismaflex UK.
- Advertising professionals continue to remain cautious with regard to investing in hardware although orders for LED displays are expected
- Innovation policy of energy-autonomous products and digital signage maintained
Q1 consolidated sales
| Q1: 1st April - 30th June | ||||
| 3 Months | 3 Months | |||
| In €M (non audited) | 2013/2014 | 2012/2013 | Var. €M | Var.% |
| Printing | 7.58 | 6.60 | +0.98 | +14.8 % |
| Hardware | 5.57 | 4.57 | +1.00 | +21.8% |
| Total 3 months | 13.15 | 11.17 | +1.97 | +17.7 % |
| Total constant currencies | 13.41 | 11.17 | +2.24 | +20.0 % |
With constant currencies, Sales would stand at €13.4 million, mainly due to fluctuations of the South African Rand which is down 15.8% for the period.
Prismaflex International Sales at €13.15 million are up 17.7% on the same period 2012/2013 and 4.2% on Q1 2011/2012 figures.
Excluding Home Décor, Printing activity continues to perform well at €5.71 million against €5.19 million for the previous year with positive results in Canada, England and France following increased contacts with advertising professionals during the previous year. The Spanish market however remains sluggish.
Home Décor figures are at a good level at €3.07 million with a favourable base effect.
Hardware activity (excluding Home Décor) is up 17.3% to stand at €4.37 million. This upturn in activity is favourable for trivision , dry posting products and also LED displays. A drop in scrolling signs and street furniture should be noted while order backlog for these products is slightly increasing.
Outlook
On June 30, 2013, order backlog, essentially for Hardware stands at €9.5 million and reflects:
- Prismaflex UK being awarded the first phase of a tender initiated by Network rail for the manufacture and installation of a variety of displays (the installation will be sub-contacted out and is estimated at 1/3 of nominal value),
- Dynamic export markets and encouraging successes in LED displays.
Printing activity benefits from the development of static dry posting networks.
The Annual Shareholders' Meeting will take place on Friday 27th September 2013 in Saint Clément les Places (69930) at 2.30pm. Next press release: first 6-months turnover 2013/2014, October 16, 2013 after closure.
Contacts:
PRISMAFLEX INTERNATIONAL
Emmanuel Guzman - CFO - phone: +33 (0)4 74 70 68 00 - [email protected]
ACTUS Lyon
Amalia Naveira - Analysts /Investors contact - phone: +33 (0)4 72 18 04 92 - [email protected]
Marie-Claude Triquet - Press contact - phone: +33 (0)4 72 18 04 93 - [email protected]
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
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- Communiqué sur comptes, résultats, chiffres d'affaires
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-32825-cp_prismaflex-international-170713.pdf
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