Consolidated sales 2017 (January 1 through December 31, 2017)
In EUR million - unaudited | 2017 | 2016 | Change |
Total 12 months | 367.1 | 351.9 | +4.3% |
12 months sales at constant exchange rates | 371.6 | 351.9 | +5.6% |
The maintenance and service business contributed with growth of more than 3%, which happened on top of high growth in 2016, to overall sales growth and achieved sales of EUR 146.8 million in 2017.
The weakness of the British Pound and to a smaller extent of the Swiss Franc (especially towards the end of the year) reduced 2017 total sales by EUR 4.5 million.
Profitability is expected to increase overproportionately and according to plan, with additional improvement potential in France and the UK. The restructuring efforts of the past and additional benefits from the supply chain contributed to margin increases in 2017.
Next media release: Annual results 2017: 23 April 2018 before trading
About agta record | Contact | |
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 | agta record Hubert Jouffroy - Chairman of the Board Tel. + 33 6 07 44 56 12 Email: info@record.group Web: www.record.group ACTUS finance & communication Amalia Naveira - Tel. + 33 4 72 18 04 90 |