ABEO Announces Consolidated Earnings Results for the Six Months Ended 30 September 2019; Provides Revenue Guidance for Fiscal Year of 2020
December 10, 2019
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ABEO announced consolidated earnings results for the six months ended 30 September 2019. For the period, the company reported revenue of EUR 121.9 million against EUR 110.0 million a year ago. Operating income was EUR 4.0 million against EUR 7.3 million a year ago. Group net income was EUR 0.4 million against EUR 4.3 million a year ago.
The company forecasts revenues of between EUR 250 million and EUR 260 million for fiscal year of 2020 representing average annual growth of 14.6% in 4 years.
ABEO SA specializes in the design, manufacture and marketing of sports and leisure equipment. The group supports its professional clients (specialized sports halls and clubs, leisure centers, education sector, local authorities, building professionals, etc.) in the implementation of their projects. ABEO SA owns a portfolio of brands that are partners of sports federations and present at major sporting events, including the Olympic Games. Net sales break down by family of products as follows:
- gymnastics, team sports and physical training equipment (52%): gymnastic equipment, carpets, landing mats, training and competition gear, etc. (Bosan, Cannice, Erhard Sport, Gymnova, Janssen-Fritsen, Schelde Sport, Spieth Gymnastics and Sportsafeuk brands);
- changing rooms and sanitary equipment (27.5%): toilet cubicles, lockers and cabinets, shower walls, benches and coat racks, wall cladding, etc. (France Equipement, Meta, Navic, Prospec, Sanitec and Suffixe brands);
- walls, play modules and climbing equipment (20.5%): Entre-Prises, Top 30, Dock 39 and Clip'N Climb.
At the end of March 2023, the group operated 18 production sites located in France (5), Europe (8), the United States (3), China, and Canada.
Net sales are distributed geographically as follows: France (31.7%), European Union (41.8%), Europe (11.6%), America (14.1%) and Asia (0.8%).
ABEO SA 
