Abéo Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Proposes Dividend for the Year 2018
June 06, 2018
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Abéo reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported revenue of €187.9 million against €167.1 million a year ago. Recurring EBITDA was €17.9 million against €15.1 million a year ago. Recurring operating income was €13.6 million against €11.6 million a year ago. Operating income was €12.0 million against €12.5 million a year ago. Net income was €7.0 million against €9.6 million a year ago. Lastly, revenue was impacted by a 1.4% currency loss recognised as at 31 March 2018, primarily due to the depreciation of the British pound and US dollar.
The company will proposed the payment of a dividend of €0.31 per share in respect of 2017/18 fiscal year at its Annual General Meeting on July 18, 2018.
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 
