AI assistant
Prismaflex International — Earnings Release 2012
May 3, 2012
1609_iss_2012-05-03_48d24b87-b8e3-4bb1-8e9c-bdb3cbe509ee.pdf
Earnings Release
Open in viewerOpens in your device viewer
2011/2012 financial year Annual sales at €51.41 million: 1.5% annual growth
Significant points for the last quarter and the whole year:
- Continued resistance in a difficult macro-economic situation (Q4 up by 8.5%)
- As anticipated, Hardware activity reaches highest level for the year in Q4 Encouraging results for LED signs and a new generation of static frames compensates for the marked drop in three-message sign sales (observed over the last three years)
- Home Decor activity similar to last year
- Printing activity in line with last year activity due to good Q4 results
Annual Consolidated Sales Figures
| April 1, 2011 – March 31, 2012 12 Months |
12 Months | 3 Months | Q4: Jan 1, 2012 – March 31, 2012 3 Months |
|||||
|---|---|---|---|---|---|---|---|---|
| In €M (Audit in progress) | 2011/2012 | 2010/2011 | Var €M | Var.% | Q4 12 | Q4 11 | Var.€M | Var.% |
| Printing Activity | 26.75 | 26.93 | -0.18 | -0.7% | 6.64 | 6.08 | 0.56 | 9.2% |
| Hardware Activity | 24.66 | 23.73 | 0.93 | 3.9% | 7.58 | 7.03 | 0.55 | 7.9% |
| Total 12 months | 51.41 | 50.66 | 0.75 | 1.5% | 14.23 | 13.12 | 1.11 | 8.5% |
| Total (constant currencies) | 52.03 | 50.66 | 1.37 | 2.7% | 14.16 | 13.12 | 1.05 | 8.0% |
Q4 sales are up by 8.5% on N-1.
Due to this strong performance, 2S figures are stable compared with N-1 (- 0.5%).
For the 12-month period, Printing activity, excluding Home Décor, at €19.1 million is down slightly by 0.3%. The negative economic environment described in Q3, principally in South Africa and Spain, has been counterbalanced by new markets in Canada and France.
Home Décor sales at €12.2 million are similar to N-1 results despite a downward pressure on prices while volumes remain buoyant.
Hardware activity (excluding Home Décor) at €20.1 million is up 4.1% due to Q4 sales of over €6.6 million and encouraging results for LED displays. Group activity, however, has not returned to pre-crisis levels. Highvalue product results are on the up.
Outlook
Despite active destocking in Q4, on March 31, 2012, order backlog, essentially for Hardware, is encouraging at €6.2 million.
Prismaflex International, with diversified product lines, shall continue to invest in state-of-the-art technologies in order to fully benefit from an economic upturn.
Next press release: 2011/2012 annual figures, June 20, 2012 after closure –SFAF meeting at 10am June 21, 2012.
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:
Emmanuel Guzman - CFO - phone: +33 (0)4 74 70 68 00 – [email protected] Amalia Naveira – Analysts/Investors contact - phone: +33 (0)4 72 18 04 92 – [email protected] Marie-Claude Triquet – Press contact – phone: +33 (0)4 72 18 04 93 - [email protected]