TRIGANO (EPA:TRI) - 2014/2015 Sales

Transparency directive : regulatory news

24/09/2015 17:49

Paris, 24 September 2015

2014/2015 Sales: 1.076 Billion Euros (+20.5%)

In a context of improvement of the motorhomes market in Europe (around 10%
expected for the season at the end of August 2015), Trigano has strengthened its
positions and recorded EUR1,075.6M annual sales (+20.5%).

Fourth quarter sales, up 35.4%, reached EUR257.1M.

Q4               from 06/01/15  from 06/01/14  Change       Change
                 to 08/31/15    to 08/31/14     (%)       at constant
                     (EURM)           (EURM)              perimeter (%)

Leisure vehicles    213.8          149.7      +42.9         +36.2
Leisure equipment    43.3           40.3       +7.5          +7.5
Sales               257.1          190.1      +35.4         +30.1

Financial       from 09/01/14   from 09/01/13  Change       Change
Year 2015        to 08/31/15    to 08/31/14     (%)      at constant
                    (EURM)            (EURM)             perimeter (%)

Leisure vehicles    914.2          741.6      +23.3         +20.6
Leisure equipment   161.4          151.0       +6.9          +6.9
Sales             1,075.6          892.6      +20.5         +18.3

Leisure vehicles

In the fourth quarter, the increase in production capacities of motorhomes
allowed to sell-out outstanding orders of the current season and to benefit from
the high level of order backlog of exhibition vehicles. Sales are up 47.5% at
constant perimeter and 57.1% integrating the takeover of Rimor (contribution of
EUR10M). For the year, with a sale growth of 29.0% (25.5% at constant
perimeter), Trigano has largely outperformed the market in Europe.
Caravan sales (+11.9% in the fourth quarter and +5.2% over the financial year)
and deliveries of accessories for leisure vehicles (+11.2% in the fourth quarter
and +5.5% over the financial year) benefitted from a rebound in demand.
Finally, in a still declining French market, static caravan deliveries decreased
by 3.9% despite a flurry in the fourth quarter (+36.2%).

Leisure equipment

The positive trend in sales in Poland and solid market share gains in the
segment of boat trailers contributed to record trailers sales up 6.9% over the
fi nancial year (+8.0% in the fourth quarter).
Camping (+4.2%) and garden equipment (+8.0%; +13.3% in the fourth quarter) sales
also recorded good performances

Prospects

The double-digit growth in sales of motorhomes to individuals on the first
national shows of the season (Düsseldorf in Germany, Parma in Italy and
Jönköping in Sweden) validates the favorable feedback by the distribution
networks to new ranges Trigano vehicles. The confirmation of the market recovery
and the record level of order backlogs allow to forecast a further improvement
in activity for the 2015/2016 financial year.

Trigano will continue its investment programs to meet the growing demand and to
make the company more competitive. The new plant in Montone (Italy) has been
operational for a few weeks now and the production capacity of the plant in
Tournon-sur-Rhône (France) will be increased from October 2015. The plant
enlargements of Grimsby (United Kingdom), Peñiscola (Spain), Panissières and
Brantôme (France) will be implemented over the next two years.

Meanwhile, Trigano will remain faithful to its policy of market share gains in
Europe including by continuing its innovation efforts, the development of
distribution networks and strengthening the competitiveness of its products.
This policy may be completed depending on opportunities that may arise by
external growth operations targeted at motorhomes, accessories for leisure
vehicles and trailers sectors.

            Annual Results will be published on 17 November after market close

                                                                www.trigano.fr

contact
Laure Al Hassi
phone: +33 1 44 52 16 31
communication@trigano.fr

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

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