2013 3rd quarter sales


In line with the trends that the Group expects for the financial year



 


Consolidated sales (1 January - 30 September)





(€ millions)
30/09/2013
30/09/2012


Q3 sales
57.2
58.6


Total 9-month sales
178.2
185.8


Like-for-like Q3 sales unchanged


Tessi generated sales of €57.2 million in the 3rd quarter of 2013, down 2.4% from Q3 2012. Like-for-like sales, i.e. restated for the Tessi marketing services B-to-B logistics business sold in 2012, were up 0.1%.


CPoR Devises' third quarter sales fell by 8.8% to €12.6 million. Tessi documents services' sales rose by 2.2% to €38.9 million, due not only to a favourable base effect but also to the start-up of new contracts, as announced. Tessi marketing services fully confirmed its recovery, reporting like-for-like sales up 8.6% to €5.7 million.


Tessi's like-for-like sales for the first nine months amounted to €178.2 million, down 1.3% from €180.4 million in the equivalent period last year.



CPoR Devises' sales fell by 3.1% to €39.5 million compared with €40.8 million for the same period in 2012.
Although the competitive environment remained tough, Tessi document services regained lost ground, and generated sales of €118.7 million compared with €120.8 million for the first 9 months of 2012.
Lastly, Tessi marketing services regained positive momentum, with like-for-like sales up 5.7% to €20.0 million compared with €18.9 million last year.

Encouraging trends expected for 2013


Tessi is confident in its ability to safeguard its margins, and is aiming for stable like-for-like sales.


Moreover, with the financial resources required to take advantage of any acquisition opportunities that may arise, Tessi remains on the lookout for such opportunities.





Next release

2013 sales

on 6 February 2014 after Stock Market close
Next meeting

An information meeting will be held at 10.00 am on 7 November at the SFAF, 24 rue de Penthièvre, 75008 Paris


About Tessi:


- Tessi is No. 1 document processing specialist in France

- Listed on Euronext Paris Eurolist B - ISIN code - FR0004529147 - Ticker: TES

- Head Office in Grenoble, France (38)

- Founded in 1971 and taken over in 1979 by Marc Rebouah, current PDG

- French No. 1 in check receipt and processing

- French No. 1 in foreign exchange and gold trading

- French No. 1 in managing deffered promotional operations


For further information visit: www.tessi.fr


Contacts





Tessi

Corinne Rebouah

Executive Secretary - Head of Communication

Tel. +33 (0)4 76 70 59 10

corinne.rebouah@tessi.fr
Actus

Amalia Naveira / Investors Relations

Marie Claude Triquet / Media Relations

Tel. + 33 (0)4 72 18 04 90

anaveira@actus.fr

mctriquet@actus.fr

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