|
Sales
(in € million) |
9/30/05
(**) |
9/30/04
published |
9/30/04
pro forma (*) |
Var. %
on pro forma |
|
|
298.0 |
160.3 |
295.4 |
+ 0.9 % |
|
Railway activity |
268.7 |
131.4 |
263.2 |
+ 2.1 % |
|
Plastics activity |
29.2 |
28.9 |
32.2 |
- 9.3 % |
|
(*) Pro forma including Sab Wabco according to the accounting methods applied in this group acquired by Faiveley Transport S.A. in November 2004, Eudica acquired in December 2004 and excluding GHH company (wheels activity) sold on 30 th September 2005.
(**) excluding GHH company sold on 30 th September 2005. |
On the first six-month period of 2005/2006 financial year (period from 1 st April to 30 th September), Faiveley Group achieved consolidated sales of €298.0 million, a 0.9% increase compared to the same period of the previous financial year and with comparable group structure.
The Railway Division grew by 2.1% and the Plastics Division declined by 9.3%.
Railway Division
Sales for the first six-month were €268.7 million against €263.2 million as of 30 th September 2004. With constant exchange rates, the growth was 1.3%. The Division had benefited from strong growth in the first six-month period of the previous year. The Customer Services activity remains well focused. The order book of the new group (excluding GHH) as of 30 th September 2005 is firm at €664 million against €644 million at end of March 2005, and this in spite of the delay in the allocation of certain programs by manufacturers.
Plastics Division
The Plastics Division offsets only partially the fall in business noted in the first quarter with a decline in sales of 9.3% to €29.2 million.
The strongest decline is related to the cosmetics sector. The order book amounts to €16.8 million against €18.1 million the previous year.
Commercial prospects
The Railway Division should be more dynamic in the second six-month period, subject to possible delays of certain contracts. The Plastics activity remains difficult, with a rationalisation of the customers portfolio in progress.
Regulated information
First six-month period sales as of 30th September 2005. + 2.1% in Railway activity
