RADIALL Press Release
13 April 2017 - 5.45 pm
Sales for the first quarter of 2017: +7.1%
| (€ millions) - IFRS - to 31 March | 1st quarter 2017 | 1st quarter 2016 | % change |
| Consolidated sales | 84.6 | 79.0 | +7.1% |
Organic growth in the first quarter of 2017: +5.7%
Over the first quarter of 2017, Radiall recorded sales growth of 7.1% to €84.6 million. On a like-for-like basis, growth was 5.7% taking account of a favourable currency effect.
Over the period, sales were driven by the momentum of Telecom, particularly in China, the positive trend of Industrial operations and the recovery of Space activities. Civil Aeronautics reported a slight decline.
Over the first quarter, international sales represented 88.4% of overall business.
The Americas region decreased slightly despite the favourable effect of the Euro/Dollar parity. The other Group's geographic regions achieved growth. China posted the strongest growth and Europe excluding France saw sustained activity over the quarter.
Outlook
In 2017, the Group is targeting continued growth at similar levels to those recorded in 2016 on a like-for-like basis.
The Group nevertheless remains cautious given the highly uncertain economic and geopolitical environment and the structural volatility of some of its markets, such as Telecom.
Next communication:
- Annual shareholders Meeting: Wednesday 17 May 2017.
About Radiall
RADIALL designs, develops and manufactures interconnection components dedicated to high-reliability electronic applications, wireless communications, and military and aeronautic equipment. ISIN: FR0000050320 - Eurolist B - NYSE Euronext.
www.radiall.com
YOUR CONTACTS
RADIALL -Guy de Royer
Tel: +33(0)1 49 35 35 51
guy.deroyer@radiall.com
CAP VALUE - Gilles Broquelet
Tel: +33(0)1 80 81 50 00
gbroquelet@capvalue.fr
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RADIALL via Globenewswire
