SALES FOR THE FIRST NINE MONTHS OF 2019

Group sales totalled €916.5 million for the first nine months of the financial year, an increase of 6.7% in real terms and 6.3% on a like-for-like basis, including, respectively, 4.9% and 4.7% during the first half-year, and 10.4% and 9.5% in the third quarter. 

All geographic regions, except for the region comprising Africa and the Middle East, ended the period on a positive – and in some cases very positive – note. A number of regions, in particular Germany, China and France, clearly gathered momentum over the last quarter. 

Their performance reflects the potential of the automation market and, even more significantly, the success of the various partnerships and numerous innovations launched by the Group in recent months.

The strongest growth¹ rates  were achieved in Northern Europe (up 14.5%) and Central & Eastern Europe (up 16.8%), resulting both from the development seen in new countries, including Poland and the Czech Republic, and the strength of historical territories, such as Benelux, the UK and Scandinavia.

Significant growth was also recorded in France (up 5.2%), with a significant quarter on quarter improvement, as well as in Germany (up 6.6%) and China (up 13.1%). Growth was however more modest in Southern Europe (up 1.3%), North America (up 1.5%), Central & South America (up 1.9%) and Asia & Pacific (up 2.8% excluding China), for primarily contextual reasons.

Conversely, a negative trend was recorded in Africa & Middle East (down 6.2%), but a significant upturn was nevertheless noted at the end of the period, due in particular to the recovery of Saudi Arabia and the United Arab Emirates.

Sales of the equity-accounted Dooya totalled €139.3 million over the first nine months of the year, an increase of 11.3% in real terms and 10.3% on a like-for-like basis. This reflects a good performance in China (up 5.6%) and continued strong export growth (up 14.3%).

(1) Figures in brackets following the names of geographic regions indicate changes on a like-for-like basis for the year to end September.  They are calculated based on customer location.

Somfy is the global leader in automated opening and closing systems for both residential and commercial buildings, and a key player in the connected home.

• Somfy: Pierre Ribeiro: +33 (0)4 50 40 48 49
• Shan: François-Xavier Dupont: +33 (0)1 44 50 58 74 / Alexandre Daudin: +33 (0)1 44 50 51 76

The sales figures provided refer to the sales amounts generated with customers outside the Group. They are calculated based on customer location and therefore the destination of the sales

The change in real terms corresponds to the change at actual consolidation scope and exchange rates.

The change on a like-for-like basis corresponds to the change at constant consolidation method, consolidation scope and exchange rates.

Africa & Middle East, Germany, Central & South America, North America, Asia & Pacific, China, Central & Eastern Europe, Northern Europe, Southern Europe, and France are the geographic regions used to analyse and monitor sales.