CIS (EPA:CTRG) - CIS : Sales steady over the first nine months at constant currency. A number of recent commercial successes.

Transparency directive : regulatory news

16/10/2018 17:46

Marseilles, 16 October 2018

         Sales steady over the first nine months at constant currency

                    A number of recent commercial successes

                                       2018
Revenue                      2018     revenue   Change    2017
(EURm)                      revenue   at CC*    at CC*   revenue

First quarter                57.2      66.6     +3.3%     64.4
2nd quarter                  58.1      64.4     -0.8%     65.0
3rd quarter                  54.0      56.7     -5.5%     60.0
Total 9 months              169.3     187.7     -0.9%    189.4

* At constant currency

CIS reported EUR56.7 million in revenue for the 2018 third quarter at constant
currency. While narrowing significantly, currency effects continued to
adversely impact sales which on a reported basis amounted to EUR54.0 million.

Growth in the period was largely driven by Eurasia (Kazakhstan, Mongolia,
Russia) and Africa (Mauritania, DR of Congo, Chad) though without fully
offsetting the non- renewal of a significant contract in North Africa.

For the year's first nine months, revenue amounted to EUR187.7 million at
constant currency, largely steady compared with one year earlier. On a reported
basis, nine month revenue was EUR169.3 million.

A more balanced regional sales mix

30/09/2017

North Africa 32%

Other African countries 23%

Eurasia 20%

Americas 19%

Middle East 6%

30/09/2018

North Africa 27%

Other African countries 25%

Eurasia 25%

Americas 17%

Middle East 6%

Excellent commercial performances with order intake totalling US$243 million in
the third quarter

CIS delivered an excellent commercial performance with the signature of 31
contracts in the third quarter. This performance was all the more remarkable
when considering that contracts were signed in 14 different countries. Total
order intake (new contracts and renewals) came to US$243 million and will
gradually start to produce its full effects in the last quarter of this year.

In addition, the Group is currently responding to a number of consultations
expected to fuel a rebound in activity starting in 2019.

About CIS

CIS is specialised in the management of remote sites in extreme environments,
onshore and offshore. As a services integrator, the Group has developed a
comprehensive service offering (catering and living accommodations, facility
management and support services) that allows it to provide customers with
turnkey solutions. Present in more than 20 countries with 180 operating sites
and a worldwide staff today numbering nearly 11,000, CIS has a strong
commitment to contributing to the economic and social development of the local
populations and countries where it operates.

Next press release: 23/01/2019 after the close of trading: 2018 annual sales

Euronext Paris Compartment C - ISIN FR0000064446 - CAC All-Tradable,
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Contact:
CIS - Communications Department  +33 (0)4 91 16 53 00
communication@cis-catering.com
ACTIFIN - Victoire Demeestere  +33 (0)1 56 88 11 11  vdemeestere@actifin.fr

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CIS (EPA:CTRG) - CIS : Sales steady over the first nine months at constant currency. A number of recent commercial successes.

Transparency directive : regulatory news

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