recordyour global partner for entrance solutions
2017 sales growth of more than 4% to EUR 367 million in line with expectations
Media Release: Fehraltorf, 25 January 2018
Consolidated sales 2017 (January 1 through December 31, 2017)
in EUR million
Total 12 months
12 months sales at constant exchange rates
The maintenance and service business contributed with growth of more than 3%, which happened on top of high growth in 2016, to overall sales growth and achieved sales of EUR 146.8 million in 2017. The weakness of the British Pound and to a smaller extent of the Swiss Franc (especially towards the end of the year) reduced 2017 total sales by EUR 4.5 million.
Ranking among the top players in the global market for automatic pedestrian doors, agta record calls on its inte-grated technological and commercial know-how. The Group's extensive expertise covers the design, produc-tion, marketing, installation and maintenance of a large range of automatic doors.
Headquartered in Switzerland, agta record sells its prod-ucts and services across the globe and is directly present with subsidiaries in 17 countries. agta record is listed on Euronext Paris, foreign stocks. ISIN: CH0008853209
About agta record
agta record ltd - Allmendstrasse 24 - 8320 Fehraltorf - Switzerland mail:info@record.group- web: www.record.group
record.com
your global partner for entrance solutions
2017 | 2016 | Change |
367,1 | 351,9 | + 4,3 % |
371,6 | 351,9 | + 5,6 % |
Profitability is expected to increase overpro-portionately and according to plan, with additional improvement potential in France and the UK. The restructuring efforts of the past and additional benefits from the supply chain contributed to margin incre-ases in 2017.
Next media release
Annual results 2017: 23 April 2018 before trading
Contact agta record
Hubert Jouffroy - Chairman of the Board Tel. +33 6 07 44 56 12 mail:info@record.groupweb:www.record.group
Agta Record AG published this content on 25 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 January 2018 16:54:07 UTC.
Original documenthttps://www.record.group/media/group/reports/Media_Releases/record_2017_sales.pdf
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