Group sales third quarter 2014 – strong growth in business amid acceleration in maintenance
Third quarter product sales were 19 % higher than prior year (plus 6 % excluding acquisitions). France (9 % growth excluding acquisitions), the United Kingdom, Eastern Europe and the USA strongly contributed to this acceleration.
Service and maintenance turnover grew by 8 % during the third quarter (plus 2 % in the first six months).
The order book is 15 % larger than 12 months ago.
Group Sales (1st January – 30th September) – non audited
|In mio. €||2014||2013||Change|
|1st half-year||136.4||123.8||+ 10.1 %|
|3rd quarter||72.2||61.2||+ 18.0 %|
|First nine months||208.6||185.0||+ 12.7 %|
agta record confirms the 2014 outlook of 9 – 11 % turnover growth.
Helped by good cost control margins are expected to recover.
The Group continues to pursue acquisition opportunities.
Next press release:
4th quarter sales 2014, on 27 January 2015 (after market closing).
Current and historical financial information is published online in the shareholders’ section of the Group website
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.
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
Hubert Jouffroy – Chairman of the Board – email@example.com