Manutan Group reported group earnings results for the first half of 2016. For the period, the company reported turnover of EUR 325.1 million against EUR 303.2 million a year ago. Current operating profit was EUR 17.6 million against EUR 17.0 million a year ago. Operating profit was EUR 17.5 million against EUR 16.0 million a year ago. Net income was EUR 12.6 million against EUR 10.1 million a year ago. The increase in operating profit can mainly be explained by the growth in revenue combined with the stability in operating expenses despite of the residual impact of the new ERP in France.

For the second half fiscal year 2016, the Group remains confident about its ability to leverage its development and profitability drivers. The Group will continue focusing its efforts on developing its short and medium-termrevenues and its investments in information systems. The Group will continue to actively search for external growth targets.