PRISMAFLEX INTERNATIONAL 
By Significant points for 3rd quarter:
- Dynamic hardware activity driving growth
- Home Décor activity performing well with a slowdown expected for Q4
- Printing continues to resist despite being hit by currency fluctuations and a competitive European market
- Order backlog confirms the Group's solid nine-month period performance
YTD consolidated turnover (April 1, 2013 - December 31, 2013)
| April 1, 2013- December 31, 2013 | Q3: Oct.1, 2013 - Dec. 31, 2013 | ||||||||
| Non audited | 9 Months | 9 Months | 3 Months | 3 Months | |||||
| In € million | 2013/2014 | 2012/2013 | Var. €M | Var.% | Q3 14 | Q3 13 | Var. €M | Var.% | |
| Printing | 22.64 | 21.41 | 1.24 | 5.8% | 7.72 | 7.48 | 0.25 | 3.3% | |
| Hardware | 18.82 | 12.35 | 6.47 | 52.4% | 7.96 | 4.27 | 3.69 | 86.7% | |
| Total 9 months | 4146 | 33.75 | 7.71 | 22.8% | 15.69 | 11.74 | 3.94 | 33.6% | |
| Total sales at constant currencies | 42.81 | 33.75 | 9.06 | 26.8% | 16.34 | 11.74 | 4.60 | 39.2% | |
At constant currencies, sales stand at €42.81 million mainly due to fluctuations of the South African Rand, CAD and GBP of around -18.8%, -7.5% and -5.3% respectively.
Prismaflex International Sales are up 11.5% on the same period 2011/2012.
Excluding Home Décor, Printing activity is slightly up for Q3 (+1.2% on the previous year). Despite performing well in a competitive environment, namely in Europe, Printing activity is penalised by currency fluctuations (the South African Rand, CAD and GBP). For the nine-month period, activity is up 2.4% on the same period of the previous year to stand at €17.10 million.
Home Décor benefits from a favourable base effect and a sustained level of activity. For the 9-month period, sales are up 18.1% on the same period for the previous year to stand at €9.07 million. Q4 will probably record a slowdown in activity.
Hardware activity (excluding Home Décor) continues to perform well. Q3 results are up €3.61 million on the same period of the previous year. For the nine-month period, activity is up 63% at €15.29 million. The Prismatronic (LED display) records the strongest growth for the full period representing more than 20% of this activity.
Outlook
On December 31, 2013, order backlog, essentially for “hardware” at €13.9 million (€10.8 million at the end of September 2013) reaches a top, with major orders in Russia, Germany and Latin America (Prismatronic).
Nest press release:
Annual Sales figures, May 5, 2014 after closure.
| PRISMAFLEX INTERNATIONAL Outdoor Advertising solutions manufacturer and large format digital printing ISIN: FR0004044600-PRS - Reuters: PRS.PA - Bloomberg: PRS FP Eurolist by Euronext Paris - Compartiment C www.prismaflex.com |
Contacts:
Emmanuel Guzman/ CFO - phone: +33 (0)4 74 70 68 00 - finance@prismaflex.com
Amalia Naveira - Analysts/Investors contact - phone: +33 (0)4 72 18 04 92 - anaveira@actus.fr
Marie-Claude Triquet - Press contact - phone: +33 (0)4 72 18 04 93- mctriquet@actus.fr
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Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-34601-cp-prismaflex_international-160114.pdf
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