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RADIALL : 2017 First Quarter Sales

GlobeNewswire

Press Release
13 April 2017 - 5.45 pm

Sales for the first quarter of 2017: +7.1%

(€ millions) - IFRS - to 31 March

1st quarter
2017

1st quarter
2016

% change

Consolidated sales

84.6

79.0

+7.1%

Organic growth in the first quarter of 2017: +5.7%

Over the first quarter of 2017, Radiall recorded sales growth of 7.1% to €84.6 million. On a like-for-like basis, growth was 5.7% taking account of a favourable currency effect.
Over the period, sales were driven by the momentum of Telecom, particularly in China, the positive trend of Industrial operations and the recovery of Space activities. Civil Aeronautics reported a slight decline.

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Over the first quarter, international sales represented 88.4% of overall business.
The Americas region decreased slightly despite the favourable effect of the Euro/Dollar parity. The other Group`s geographic regions achieved growth. China posted the strongest growth and Europe excluding France saw sustained activity over the quarter.

Outlook

In 2017, the Group is targeting continued growth at similar levels to those recorded in 2016 on a like-for-like basis.

The Group nevertheless remains cautious given the highly uncertain economic and geopolitical environment and the structural volatility of some of its markets, such as Telecom.

Next communication:

  • Annual shareholders Meeting: Wednesday 17 May 2017.

About Radiall

RADIALL designs, develops and manufactures interconnection components dedicated to high-reliability electronic applications, wireless communications, and military and aeronautic equipment. ISIN: FR0000050320 - Eurolist B - NYSE Euronext.

www.radiall.com
YOUR CONTACTS
RADIALL -Guy de Royer
Tel: +33(0)1 49 35 35 51
guy.deroyer@radiall.com

CAP VALUE - Gilles Broquelet
Tel: +33(0)1 80 81 50 00
gbroquelet@capvalue.fr

RADIALL : 2017 First Quarter Sales


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RADIALL via GlobeNewswire
HUG#2095457