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- Press release
- Paris
- 01/09/2024
- 01:30:15
- Share price (NYSE-Euronext)
Wednesday 25 March 2015
2014/2015 Second Quarter SalesĀ : +17.0%
2014/2015 Second Quarter Sales : +17.0%
Confirmation of positive commercial momentum for motorhomes and trailers
(€M) | 2015 Financial year |
2014 Financial year |
Change (%) | |
---|---|---|---|---|
Leisure Vehicles | Q1 (Sept-Nov) | 210.0 |
193.5 |
+8.5 |
Q2 (Dec-Feb) | 208.7 |
176.1 |
+18.5 |
|
Half-Year | 418.7 |
369.6 |
+13.3 |
|
Leisure Equipment | Q1 (Sept-Nov) | 30.6 |
28.1 |
+9.0 |
Q2 (Dec-Feb) | 29.7 |
27.7 |
+7.0 |
|
Half-Year | 60.3 |
55.8 |
+8.0 |
|
Q2 Sales | 238.4 |
203.8 |
+17.0 |
|
Half-Year Sales | 479.0 |
425.4 |
+12.6 |
Thanks to the good level of demand in the United Kingdom, Germany, Belgium and Spain as well as market share gains, sales of motorhomes recorded a growth of 23.0% in the second quarter. Deliveries of caravans (-12.3%) remained impacted by the poor economic situation in France and Netherlands, and were affected by the wait-and-see attitude of distributors. Despite good growth outside France, sales of accessories for leisure vehicles (-1.6%) were impacted by the sluggishness of consumption on the French market.
Given the seasonality of deliveries, static caravan sales in the second quarter (+24.0%) are not indicative of a trend for the year. In view of the still negative evolution of the French market, annual sales should decrease in comparison to 2013/2014.
Trailers activity remained well oriented with 8.0% sales growth in the second quarter. Camping equipment (-11.7%) and garden equipment (+10.4%) are in low season and their evolutions in Q2 are therefore not significant.
Prospects
First half-year results should reflect the overall increase in activity and the effects of restructuring programs implemented in 2013/2014.
The high level of motorhomes order backlog points to a sustained activity in the second half-year.
Production capacities will be temporarily adjusted thanks to input of additional workforce and resort to the increase of working hours.
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