PRISMAFLEX INTERNATIONAL : Fiscal year 2006/2007 : Steady growth: + 22% - Annual Turnover at 51 M EUR

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Main trends of the year:

  • Rising trend for the Street Furniture division at 6 M¤, 
  • Growth of Home Decor activities + 35%, 
  • All historical group activities trended upward in a buoyant market,
  • New business contributions, for LED screens & fibre optics, are postponed.

Annual consolidated Sales (April 1st - March 31st)

En M¤ (estimate) 2006/2007 2005/2006 Variation %
Printing 22.13 20.04 + 2.09 + 10 %
Hardware 28.89 21.82 + 7.07 + 32 %
Total 12 months 51.02 41.86 + 9.16 + 22 %

With constant currencies, annual Sales would have amounted to 52.29 M¤ (+ 25%).

Q4 group turnover reached an historical high of 15.68 M¤ (vs 12.33 M¤ last year, + 27%).

The second half 6-month period, at 28.65 M¤ increased by 26% compared to last year  (+ 28% vs Sept 06 first half 6-month).

All group divisions are growing

Excluding Home Decor, Printing businesses amounted to 19.32 M¤, a 1.35 M¤ growth mainly from RSA, France and the UK.

Home Decor sales reached 4.69 M¤ (+ 35%), with 1.73 M¤ on Q4.

Hardware activities showed a steady growth of 7.07 M¤. Street Furniture activity confirmed its potential with 6.07 M¤ turnover this year against 2.24 M¤ last year (+ 3.83 M¤). This division is now structured for sequential production and benefits from overseas subsidiaries sales forces (26% of its turnover is done abroad). Trivision sales increased by 10% at 12.76 M¤, over performing targets. Scrolling signs division moved forward at 2.55 M¤ (+ 75%).

Sales of LED signs and new lighting system with fibres optics are postponed until the actual fiscal year (March 08) with positive expectations.

Result estimation and market trends

The operating margin level should amount to around 9% of consolidated turnover. The targeted 10% reduction of net debt, should be met.

We have experienced positive market trends for the fiscal year. Opening 07/08 order backlog amounted to 7.7 M¤ against 5.2 M¤ last year.

Next press release: Annual Results 2006/2007, on June 26th, 2007 after closing.

SFAF meeting on June 27th, 2007 at 11.30 am.


PRISMAFLEX INTERNATIONAL
Outdoor Advertising solutions manufacturer and large format digital printing

ISIN : FR0004044600-PRS  - Reuters : PRS.PA - Bloomberg : PRS FP

Eurolist by Euronext Paris - Compartiment C
www.prismaflex.com

Contacts :

PRISMAFLEX INTERNATIONAL
Vincent Bès / CFO - Phone : + 33 4 74 70 68 00 - vbes@prismaflex.com

ACTUS Lyon
Amalia Naveira - Analysts/investors contact - Phone : + 33 4 72 18 04 92 - anaveira@actus.fr
Marie-Claude Triquet - Press contact- Phone : + 33 4 72 18 04 93 - mctriquet@actus.fr

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