VM MATERIAUX : Turnover as of 31 March 2013: EUR 161.1 million

IFRS - ¤ million
Consolidated turnover
1st Quarter
1st Quarter
2012 published
% Change
Building distribution 114.0 114.8 -0.7% 0.3%
Concrete industry 20.7 22.0 -5.6% -4.9%
Industrial joinery 32.1 32.2 -0.5% -2.0%
Other (services) 5.4 5.9 -8.3% -8.3%
Inter-segment eliminations -11.1 -11.2 - -
TOTAL 161.1 163.7 -1.6% -1.1%

(1) Figures have not been audited.

(2) For 2012, the like-for-like scope includes Q1 turnover of Fene-Tech and excludes turnover of sites that have been sold (sales locations in Southwest France and concrete plant in Le Buisson) as well as the closed Royan Bois site. For 2013, it excludes sale of stocks linked to disposal of the sales locations in Southwest France.

Q1 2013 turnover
Despite the effects of a decline in housing starts on new construction (-11.2% over the three-month period) and two fewer working days during the first quarter of 2013, VM Matériaux's business has held up well. For the first three months of the 2013 fiscal year, the Group recorded turnover of ¤161.1 million compared with ¤163.7 million one year earlier, thus limiting the pullback to 1.6% (-1.1% at same scope).

The turnover figure includes the scope effects of the Group's reorganisation (disposal of sales locations in Southwest France, the Le Buisson concrete plant and the closing of VM Royan Bois).

The Industrial joinery and Building distribution businesses had stable performance during the period (respectively -2.0% and 0.3% at same scope), despite severe weather. The Concrete industry's turnover retreated by 5.6% due to lower volumes in a highly competitive market.

Growth and outlook
The Group remains confident in its fundamentals and is pursuing its reorganisation project. It strengthens its sales strategy in material trading activity. It is also continuing to develop innovative new products in its industrial businesses.

Next press release: H1 2013 Turnover on 25 July 2013 (after stock exchange closes)

All our financial communications are available at our website: www.vm-materiaux.fr

About VM Matériaux 
The VM Matériaux Group focuses on three business sectors of the building industry: Materials trading, the Concrete industry and Industrial joinery. Originally based in the Vendée region, VM Matériaux now employs over 2,800 people and is active in Western France and the French overseas departments as well as in China and Canada. In 2012, the Group generated total turnover of ¤689.6 million.

VM Matériaux is listed on NYSE-Euronext Paris, Compartment C

Indexes: PAX, Gaia Index

Codes: ISIN FR000 0066540, Reuters VMMP.PA, Bloomberg VMM.FP, Ticker: VMMA


Philippe Audureau - Chairman of the Board of Directors Corinne Puissant
Analyst/Investor Relations
Tel.: +33 1 53 67 36 57 - E-mail: cpuissant@actus.fr
Alain Marion - General and Financial Manager
Tel.: +33 2 51 08 08 08
E-mail: vm@vm-materiaux.fr
Caroline Lutinier - Head of Group communication
Tel.: +33 2 51 08 08 08
E-mail: clutinier@vm-materiaux.fr
Anne-Catherine Bonjour
Media Relations
Tel.: +33 1 53 67 36 93 - E-mail: acbonjour@actus.fr
Information réglementée
Communiqués au titre de l'obligation d'information permanente :
- Communiqué sur comptes, résultats, chiffres d'affaires Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-32045-ca-t1-2013-vdef-uk.pdf © Copyright Actusnews Wire
Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free

Valeur associée
  Libellé Bourse Dernier Var. Vol.
Vous devez être membre pour ajouter des commentaires.
Devenez membre, ou connectez-vous.
Aucun commentaire n'est disponible pour l'instant