TRIGANO (EPA:TRI) - First Half-Year Results
Transparency directive : regulatory news
29/04/2013 17:45
Click here to download pdf version
Paris, 29 April 2013
First Half-Year Results
In the first half of 2013 financial year, Trigano's current operating profit
reached EUR3.3M, below last year's level (EUR8.9M in 2012) due to the decline
in activity.
in EURM H1 2013 H1 2012
Sales 374.6 367.3
Leisure vehicles 320.6 331.6
Leisure equipment 54.0 35.7
Current operating result 3.3 8.9
Operating result 22.6 9.0
of which leisure vehicles 24.6 9.1
of which leisure equipment (2.0) (0.1)
Financial result (0.9) (1.6)
Net result 21.5 5.4
The modalities of acquisition of SEA led to record a negative goodwill of
EUR19.8 M booked as "other operating income". In accordance with IFRS 3, this
amount may be revised during a period of 12 months starting 1st January 2013.
Consolidated operating profit reached EUR22.6 M (EUR9.0 M in 2012).
Considering a net financial charge of EUR0.9 M, a corporate tax expense of
EUR0.9 M and the positive contribution from equity affiliates (EUR0.7 M), the
net consolidated result stands at EUR21.5 M (EUR5.4 M in 2012).
Thanks to an effective containment of the seasonal increase in working capital
requirements (EUR+60.8 M vs. EUR+72.7 M in 2012), net debt, traditionally at its
highest at the end of the first half-year, reached EUR101.6 M, representing only
29.4% of equity.
Prospects
In a deteriorated economic environment, Trigano will intensify its efforts in
the second halfyear to adapt its organization to the current context, pursue the
integration of its recent acquisitions, reduce working capital requirements and
reinforce its market shares in Europe in its strategic activities (leisure
vehicles and trailers).
2013 Third Quarter Sales will be published on 26 June 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