MAISONS FRANCE CONFORT : Acquisition of the companies MAISON PARTOUT and YTEM AMENAGEMENT

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Alençon, 8 January 2015, 5:45 p.m.

MAISONS FRANCE CONFORT widens its geographic reach
Acquisition of the company MAISONS PARTOUT

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Continuing deployment of its growth drivers
Majority holding in the company YTEM AMENAGEMENT

Acquisition of the company MAISONS PARTOUT

The MAISONS FRANCE CONFORT group announces the acquisition of all of the share capital in MAISONS PARTOUT, based in Aurillac (Cantal) effective 1st January 2015.

Builder of traditional single-family homes for 25 years now, the company MAISONS PARTOUT sells approximately 80 houses per annum throughout the Cantal (15), Lot (46) and Corrèze (19) departments.

The company employs 12 people and posts excellent performances on a regular basis. In 2014 the company realised:

o a turnover of ¤ 8 million,
o an operating margin of approximately ¤0.7M, operating margin of almost 9%
o a net income of ¤0.5M, or net margin of over 6%.

The balance sheet structure of the company is very solid with cash flow of ¤1M and equity capital of ¤1.2M.

The acquisition of the company MAISONS PARTOUT widens the geographic coverage of the MAISONS FRANCE CONFORT Group. Mr. Yoann CANET, 32 years of age, continues in his role of Chairman.


Acquisition of a 60% equity interest in the company YTEM AMENAGEMENT

The Group is also continuing deployment of if growth drivers with the acquisition of a 60% stake in the capital of YTEM AMENAGEMENT, a land development company based in the Rhône Alpes region, that sells some fifty plots yearly. This structure will also be consolidated on 1st January 2015.

Mr. Yann MARCHAND, 42 years of age, continues in his role of Chairman. He has over 15 years' experience in the field of development and subdivision of serviced plots for housing construction

This transaction dovetails perfectly with the diversification strategy initiated by the Group and will thus:
- Support the activity of the Group in this region by offering a part of the created land,
- Ensure the development of its expertise in this sector,
- Open the way to forging numerous partnerships with local authorities, housing associations and developers.

Despite an economic climate that remains difficult, although positive if we look at all the opportunities it holds, these new external growth transactions once again show the ability of the group to combine high quality stakeholders, guarantee of sustainability and development for the Group.

Next press release: 4th quarter 2014 Sales, on 5 February 2015 after stock exchange closing.


ABOUT MAISONS FRANCE CONFORT:

Founded in 1919, MAISONS FRANCE CONFORT is the oldest builder of single-family homes in France and the largest builder of single-family homes on individual plots. The Group operates in 20 regions in France, with 340 sales offices and 50 model homes.
Staff at 30 September 2014: 1,416 people.

MAISONS France CONFORT equities are eligible for PEA-PME equity savings plan.

MAISONS FRANCE CONFORT is listed on the Euronext Paris - Compartment B.
ISIN Number:  FR 0004159473 - Index: CACÒ Small, CACÒ Mid & Small, CACÒ All-Tradable, CACÒ All-Share

Commercial site: www.maisons-france-confort.com - Financial site: www.groupe-mfc.com

CONTACTS: MAISONS FRANCE CONFORT 
Patrick Vandromme
Chairman and Managing Director
Tel. +33 (0)2 33 80 66 61
Email pvandromme@maisonfc.fr
ACTUS
Amalia Naveira
Analyst/Investor/Press relations
Tel. +33 (0)4 72 18 04 90
Email anaveira@actus.fr
 
Jean-Christophe Godet
Finance & Administration Manager
Tel. +33 (0)2 33 80 66 61
Email finances@maisonfc.fr

Marie Claude Triquet
Press relations
Tel. +33 (0)4 72 18 04 93
Email mctriquet@actus.fr

Information réglementée
Communiqués au titre de l'obligation d'information permanente :
- Activité de l'émetteur (acquisitions, cessions...)
Communiqué intégral et original au format PDF :
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