IN LINE WITH FORECASTS
In € millions
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NET SALES |
2006/2007 |
2005/2006* |
Variation |
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4th quarter |
189.4 |
156.8 |
+20.8 % |
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Year 2006/2007 |
619.3 |
568.9 |
+ 8.9 % |
(*) : Neu SF consolidated for three months in 2005 / 2006, excluding ESPAS consolidated in the income statement from 1st April 2007
Increase in sales: + 8.9%
As expected, sales for the 4th quarter of the 2006/2007 financial year, which benefits from certain orders being placed at the end of the year, have increased to €189.4 million, a rise of 20.8% compared to the same period in the previous financial year.
For the 2006/2007 financial year, at 31 March, the Group recorded net sales of €619.3 million, an increase of 8.9% compared to the previous financial year. At a constant Group structure, this is an increase of 7.4% and at a constant exchange rate, 7.7%.
Sustained order book
The Group’s commercial activity continued at a sustained rate, as reflected in the order book which increased to €862 million (including ESPAS), compared to €737 million (+17%) on the 31 March 2006.
‘We have had a good level of activity throughout the financial year, in line with expectations’, states Robert Joyeux, CEO. ‘We are therefore confident that our annual results will also be in line with our forecast.’
Next meeting: 5 July 2007, Annual Sales 2006-2007
FAIVELEY, a world leader in the railway industry
About the Faiveley Group
The Faiveley Group is one of the world’s leading suppliers of railway systems and services, with six product lines: air conditioning, electro-mechanics, on-board electronics, braking systems, couplers and customer services.
On a strong international market, Faiveley works closely with train operators and car-builders, and uses it commercial and industrial organisation to assure its development on the global market.
FAIVELEY SA143 boulevard Anatole France - 93285 Saint Denis Cedex - France
www.faiveley.com
For further information please contact:
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FAIVELEY |
FAIVELEY |
KEIMA Communication |
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Regulated information
2006/2007 Net sales
