THERMADOR GROUPE (EPA:THEP) - Thermador Groupe : Coronavirus, impact on turnover
Transparency directive : regulatory news
28/04/2020 17:50
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Press releaseSaint-Quentin-Fallavier - April 28 2020 - 6pm
Coronavirus, impact on turnover
We measure each of our subsidiaries' business activity every week and set it
against the same figures for 2019. These statistics reveal a progressive
increase in customer orders, both for professional and retail products.
The group's companies selling to DIY superstores (23% of consolidated turnover
in 2019) are expected to lose around 70% of their April turnover.
Those working with professionals (77% of consolidated turnover) will probably
limit their loss of turnover to 50%.
As a consolidated average, we should therefore be able to deliver 45% of sales
volumes compared to April 2019.
In May, if the gradual improvement to the situation plays out, we hope to get
past 60% of sales recorded in the same month in 2019. Indeed, we are banking on
a gradual return to work on construction sites and a re-opening plan announced
by DIY superstores last week.
We will get back to you on May 12 after the stock exchange closes to share with
you the latest market trends observed.
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