TRIGANO (EPA:TRI) - 2017/2018 Second Quarter Sales

Transparency directive : regulatory news

21/03/2018 17:37

Paris, 21 March 2018

2017/2018 First Half-Year Sales: 1.1 Billion Euros (+46.3%)

Trigano sales continued their sustained growth in the second quarter, driven by
the still-buoyant European motorhome market:

in EURM                                                 2017/2018 change
(Non-audited         2018      2017       2016   Current of which   of which
figures)           Financial Financial Financial change  perimeter  exchange
                     year      year       year    (%)    effect (%)*  rate

effect(%)**
Leisure vehicles

     Q1 (Sept-Nov)    506.2    327.9       280.2  +54.4   +30.2       -0.4
     Q2 (Dec-Feb)     513.5    353.2       277.3  +45.4   +28.3       -0.5
     Half-Year      1,019.7    681.1       557.5  +49.7   +29.2       -0.4

Leisure equipment
     Q1 (Sept-Nov)     38.5     33.2        30.9  +15.9    +5.9       -0.4
     Q2 (Dec-Feb)      37.9     34.8        32.8   +9.0    +7.4       -0.4
     Half-Year         76.4     68.0        63.6  +12.4    +6.7       -0.4

     Q2 Sales         551.4    388.0       310.1  +42.1   +26.4       -0.5
     Half-Year Sales 1,096.1   749.1       621.1  +46.3   +27.2       -0.4

Change at constant
perimeter and
exchange rates (%)
+24.6
+17.6
+20.9

+10.4
+2.0
+6.1

+16.2
+19.6

* : Restatement of perimeter effect of newly consolidated entities consists
of:
- for entities entering the consolidation scope in the current year,
subtracting the contribution of the acquisition from the aggregates of the
current year;
- for entities entering the consolidation scope in the previous year,
subtracting the contribution of the acquisition from September 1 of the current
year, until the last day of the month of the current year when the acquisition
was made the previous year.
No entities left the consolidation scope during the periods mentioned in this
press release.
** Restatement of the foreign exchange effect consists of calculating
aggregates for the current year at the exchange rate of the previous year.

Leisure vehicles

The gradual increase in production capacities enabled to maintain the
motorhomes organic growth rate at a high level in the second quarter: +17.5%.
Thanks to the integration of Adria and Auto-Sleepers, global sales were up
38.5% on this segment.

Caravan sales (+149.4%) and static caravan sales (+118.2%) benefitted from
changes in the consolidation scope and recorded like-for-like growth in line
with expectations (respectively +4.4% and +50.2%).

Finally, sales of accessories for leisure vehicles remained well-oriented:
+6.6% ; +14.7% including the contribution of Adria.

Leisure equipment

Trailers activity remained dynamic with an organic sales growth of 6.3% in the
second quarter (+16.4% by integrating the activity of Remorques Hubière).
Camping equipment (-15.6%) and garden equipment (-9.4%) activities are in low
season and changes in their sales in Q2 are therefore not significant.

Prospects

First half-year results should increase substantially compared to 2016/17 due
to activity growth and changes in the scope of consolidation. Furthermore, the
high level of leisure vehicles order backlog points to a sales increase in the
second half-year.

Trigano will pursue its investment programmes aimed at strengthening its
production capacities, enhancing the productivity of its factories and
improving its profitability. A special effort will be made over the coming
months to increase distribution networks density in Europe in order to further
improve market shares of leisure vehicles.

2017/2018 First Half-Year results will be published on 14 May 2018

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

                                                            www.trigano.fr

    Euronext Paris A - CAC All-Tradable - SRD - CAC Mid 60 - SBF 120 - ISIN
            FR0005691656 - REUTERS : TRIA.PA - BLOOMBERG : TRI.FR

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