Nine-month 2016 sales up 23.5% to EUR 441.3M

Nine-month 2016 sales up 23.5% to EUR 441.3M

Order intake at the end of September rose 17.5%

Consolidated (€M) – non audited
2016
2015
Variation


Q1 Sales
145.7
119.2
+22.3%


Q2 Sales
166.6
131.4
+26.7%


Q3 Sales
129.0
106.7
+20.9%


TOTAL
441.3
357.3
+23.5%

Sharp increase in 3rd quarter 2016 Sales up +20.9%

Third quarter 2016 Sales of the MAISONS FRANCE CONFORT Group are in line with the trends announced and amount to €129M in growth of 20.9%, 15.1% at constant scope - excluding Camif Habitat and Illico Travaux activity, integrated as from 1st October 2015.

At 30 September 2016, the total Sales amounted to €441.3 million, up 23.5%. At constant scope,

the growth was + 16.7%.

Over the period, the renovation activity represents total sales of €31.2M.

Sales momentum continues with new orders up 17.5% at end-September

At end September 2016, order intake increased to 5,372 sales and €593.5M (excl. taxes) up 15.1% in number and 17.5% in value over last year. Third quarter 2016 Sales, despite a less favourable base effect, progressed 9.0% in number and 12.1% in value. October's Sales remained at a high level.

At 30 September 2016, order intake for renovation activity totalled €32.3M.

Strong growth and improved profitability ensured for the fiscal years 2016 and 2017

Taking into account the level of work in progress and the dynamism of order-taking over the past year, MAISONS FRANCE COMFORT confirms a double digit growth in its production for financial years 2016 and 2017.

In 2016, under the volume effect, operational profitability will improve considerably. To this volume effect is added a gross margin effect in 2017, thus opening the way to a gradual return to a sustainable operating margin.

Beyond the new areas for development that the Group has initiated (renovation, bundle offer for housing associations, land development), MAISONS FRANCE CONFORT will be pursuing a strong commercial dynamic with broader offering combined with new web tools and marketing to strengthen its leader position.

Next press release: 2016 Sales, on 7 February 2017 after stock exchange closing.

ABOUT MAISONS FRANCE CONFORT:

Founded in 1919, MAISONS FRANCE CONFORT is the oldest builder of single-family homes in France and the largest builder of single-family homes on individual plots. Already leader in the house construction, MAISONS FRANCE CONFORT became in 2015 the French No. 1 in house renovation. The Group operates in all 12 regions in France, with more than 375 sales offices.

Staff at 30 September 2016: 1,555 people.

MAISONS France CONFORT equities are eligible for PEA-PME equity savings plan.

MAISONS FRANCE CONFORT is listed on the Euronext Paris - Compartment B.

ISIN Number:  FR 0004159473 - Index: CACÒ Small, CACÒ Mid & Small, CACÒ All-Tradable, CACÒ All-Share

Commercial site: www.maisons-france-confort.com – Financial site: www.groupe-mfc.com

CONTACTS:



MAISONS FRANCE CONFORT

Patrick Vandromme

Chairman and Managing Director

Tel. +33 (0)2 33 80 66 61

Email pvandromme@maisonfc.fr

Jean-Christophe Godet

Finance & Administration Manager

Tel. +33 (0)2 33 80 66 61

Email finances@maisonfc.fr

ACTUS

Amalia Naveira

Analyst/Investor/Press relations

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

Email anaveira@actus.fr

Marie Claude Triquet

Press relations

Tel. +33 (0)4 72 18 04 93 

Email mctriquet@actus.fr

Source: Actusnews