TRIGANO (EPA:TRI) - 2012/2013 Second Quarter Sales

Transparency directive : regulatory news

29/03/2013 13:39

TRIGANO

Paris, 28 March 2013

A typo has been found in the release for Q2 Sales published on 28 March 2013.

Within the line "Leisure Equipment", the change at constant perimeter in Q1 was
+7.9% as initially published on 8 January 2013 (not -7.9%). The following
release in an amended version.

2012/2013 Second Quarter Sales

Trigano's activity in the second quarter was impacted by the poor economic
environment in Europe and by dealers' policies aimed at reducing their stocks
of leisure vehicles and trailers. Sales in the second quarter reached
EUR 192.4 M, up 8.5% (-8.4% at constant perimeter).

in EURM                 2013           2012      Change     Change at
                   Financial      Financial         (%)      constant
                        year           year              perimeter (%)
Leisure vehicles

Q1 (Sept-Nov)         155.4          173.3        -10.3         -12.0
Q2 (Dec-Feb)          165.3          158.3         +4.5          -9.4
Half-Year             320.7          331.6         -3.3         -10.8

Leisure equipment

Q1 (Sept-Nov)          26.9           16.6        +61.6          +7.9
Q2 (Dec-Feb)           27.1           19.1        +42.0          -0.2
Half-Year              54.0           35.7        +51.1          +3.5

Half-Year Sales       374.7          367.2         +2.0          -9.4

Leisure vehicles

In a context marked by the decrease of European leisure vehicle markets,
Trigano remained committed to its policy of strictly adapting production to the
demand of dealers' networks.
The contribution of external growth operations (SEA, Notin and OCS) has allowed
an increase of 5.8% of motor caravan sales and limited the decline in
accessories sales to 2.8%.
However, at constant perimeter, sales of motor caravans, caravans and
accessories are down 11.5%, 10.7% and 7.5% respectively in the second quarter.
Deliveries of static caravans, up 22.3%, confirm the strong increase in
Trigano's market shares in a difficult market.

Leisure equipment

Including the companies Lider and Gaupen-Henger acquired in 2012, growth of
trailer sales reached 58.0% in the second quarter.
Like leisure vehicles, trailers were impacted by the overcautiousness of
distributors due to the weak traffic in sales outlets. Trailer sales were down
8.7% at constant perimeter.
Camping (+61.8%) and garden (+1.7%) equipment activities are in low season and
their performance in the quarter is therefore not significant.

Prospects

First half-year results should be lower than in the previous financial year due
to the decline in activity. The modalities of acquisition of SEA should lead to
a profit (negative goodwill) that will be included in the first half-year
income statement in accordance with IFRS 3.
In a still uncertain European economic context, Trigano will continue its
efforts to adapt its organization to the demand evolution and pursue the
integration of recent acquisitions.

2012/2013 Half-Year results will be released on 29 April 2013

contact
Rym Bel Kefi-Rougnon
phone: +33 1 44 52 16 52
communication@trigano.fr

www.trigano.fr

Euronext Paris B - CAC All-Tradable - SRD - CAC Mid & Small -
ISIN FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI.FR

TRIGANO's latest news

14/05/2024 17:45

TRIGANO (EPA:TRI) - 2012/2013 Second Quarter Sales

Transparency directive : regulatory news

TRIGANO's latest news

Other stories