MGI Coutier SA announced unaudited consolidated sales results for the first quarter ended March 31, 2016. For the quarter, the company reported sales increased by EUR 32.6 million to EUR 242.8 million, up 15.5% unadjusted and up 16.9% on a like-for-like basis compared to EUR 210.2 million a year ago. The negative exchange-rate impact of EUR 3.2 million came primarily from the Argentine peso, the Brazilian real and the Turkish lira.

It's performance is in line with its objective to generate sales in excess of 900 million in 2016. Income from ordinary activities is expected to rise compared with 2015. Capital expenditure will remain high to support the Group's innovation and international development.