Good performance in the first half of 2016 – Sales have grown by 12.4% at EUR 167.3 million
Order intake is up 7.3%, from a high Q1/2015 base that counted two exceptional orders worth almost EUR 5 million, despite the restructuring of the production centres in France slowing down order intake and invoicing.
This situation should improve in the last quarter of this year. In addition the exceptional 2015 order in the USA should be invoiced in 2016.
agta record confirms its growth perspective of 8 to 9%.
First half-year EBITA will be affected by the delayed invoicing at record France.
In the second half, if the British Pound stays at the present level, EBITA could be reduced by EUR 0.6 million and non-cash forex losses could be EUR 0.6 million (estimates).
Sales first half-year (1st January – 30th June) – non audited
|In EUR million||2016||2015||Change|
|First quarter||77.8||71.1||+ 9.4 %|
|Second quarter||89.5||77.8||+ 15.0 %|
|Total first half-year||167.3||148.9||+ 12.4 %|
|Thereof maintenance||68.9||60.5||+ 13.9 %|
|at constant exchange rates||170.0||148.9||+ 14.2 %|
|Thereof maintenance||69.6||60.5||+ 15.0 %|
Next media release
Half-year results on 12 September 2016 (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 and gates.
Headquartered in Switzerland, agta record sells its products and services across the globe and is directly present with subsidiaries in 17 countries. agta record is listed on Euronext Paris, foreign stocks. ISIN: CH0008853209