TRIGANO (EPA:TRI) - 2013/2014 First Half-Year Sales

Transparency directive : regulatory news

26/03/2014 17:40

Paris, 26 March 2014

2013/2014 First Half-Year sales: +13.5%

Continuation of the positive commercial dynamic for motor caravans and trailers

in EURM                         2014            2013   Change        Change at
                      Financial year  Financial year      (%)         constant
                                                                 perimeter (%)
Leisure vehicles
Q1 (Sept-Nov)                  193.5         155.4     + 24.5            +2.7
Q2 (Dec-Feb)                   176.0         165.2       +6.6            +1.5
Half-Year                      369.5         320.6      +15.3            +2.1

Leisure equipment
Q1 (Sept-Nov)                   28.1          26.9       +4.4            +4.4
Q2 (Dec-Feb)                    27.7          27.1       +2.2            +2.2
Half-Year                       55.8          54.0       +3.3            +3.3
Q2 Sales                       203.7         192.3       +6.0            +1.6
Half-Year Sales                425.3         374.6      +13.5            +2.2

Motor caravan sales have recorded 10.8% growth in the second quarter (+4.3% at
constant perimeter), confirming the dynamics of the beginning of the year.
Caravan sales (-1.7%) have followed market trends and remained impacted by the
wait-and-see attitude of distributors. In contrast, accessories for leisure
vehicles sales have returned to growth and are up 4.1%.

Given the seasonality of deliveries, static caravan sales in the second quarter
(-40.1%) are not indicative of a trend for the year. However full-year sales are
expected to show a decline of about 12% compared to 2012/2013, in line with
forecasts.

Trailers activity remained well oriented with 4.0% sales growth in the second
quarter. Camping (-17.8%) and garden (+6.1%) equipments are in low season and
their evolution is therefore not significant.

Optimization of structures
The reorganization programs aimed at making the company more competitive have
been pursued in the second quarter. A program to reduce workforce on the
Tournon-sur-Rhône site is being discussed with the social partners.
The transfer of production of Arca motor caravans on the Tuscan site of SEA,
implying the closure of the Pomezia plant is ongoing.

Prospects
First half-year results should reflect the overall increase in activity as well
as the confirmation of the recovery of SEA. They will however be affected by the
booking of provisions for restructuring.

          First Half 2013/2014 Results will be published on 28 April 2014
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

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