Group Sales Jan. – Sep. 2011 – positive business trend for the year 2011
During the first nine months, Group turnover grew by 5.5 %. Product sales rose by 5.1 % and maintenance sales by 6.1 %. Work-in-progress increased 50.7 %.
Backlog stands at EUR 48 million and is more than 40 % higher than at the start of 2011. The increase in backlog is due to both a restraint in personnel recruitment (resulting in slight delays in order execution) and 8.2 % growth in order intake.
The fourth quarter is expected to continue the trend of the first three quarters. Full-year growth of turnover is anticipated to be 5-6 %.
Group Turnover (January – September) – unaudited
|In mio. €||2011||2010||Change|
|1st half-year||112.1||106.0||+5.8 %|
|3rd quarter||57.5||54.7||+5.1 %|
|Total 9 months||169.6||160.7||+5.5 %|
Next media release: 2011 turnover, on 26 January 2012 (after trading).
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.
Based in Switzerland, agta record is present with subsidiaries in 50 countries around the world. agta record is listed on Euronext Paris, foreign stocks. ISIN: CH0008853209
Hubert Jouffroy – Chairman of the Board
Tel. +33 6 07 44 56 12
Actus Lyon – Financial Public Relations:
Amalia Naveira – Investor & Analyst Relations
Tel. +33 472 180 497
Marie-Claude Triquet – Press Relations
Tel. +33 472 180 493