After reaching € 60 million in 2014, the consolidated turnover is confirmed for 2015 to have exceeded € 70 million, in line with Group objectives. Taking into account the integration of our UK subsidiary, PCME, this represents an increase of 13.7% compared to 2014. While on a like for like basis, the growth is +9.8%.
After a buoyant first half of the year, results in the second half accelerated; most particularly in Asia where our Indian subsidiary multiplied its annual turnover by a factor of three. In 2015, exports sales represent 75.2% of the global business while services represent 30.3% of the consolidated group turnover; both evolving at the same pace as other activities.
“As expected, we move to a new stage with a turnover up to 70,7 M€ for the year 2015. This is the result of an ambitious and reasoned development strategy, through the inception of new subsidiaries (India and China in 2008/2009), acquisitions of companies (PCME in 2014) and new products innovation (new Ambient e-air series in 2015). All our activities and markets are in progress in 2015, confirming the great value of our teams and products worldwide” comments Christophe Chevillion, CEO
Next press release: 2015 Annual Results, April 27th 2016 after market close