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HERIGE : resilient activity in the 2nd quarter

 tableau communique EN

 

Activity in the 2nd quarter of 2015

 

HERIGE posted turnover of €158.1 million for the 2nd quarter of 2015, down 1.6% on the same period the year before. The Group held up well despite the ongoing market slump, posting a more moderate decline in sales than in the first three months, and a slight improvement in activity, notably for its Industrial Joinery business. It also benefited from a more favorable number of working days than in 2014.

All told, Group turnover for the 1st half of 2015 amounted to €295.0 million (-3.9% compare to the first six months of 2014), penalized by a particularly weak level of activity at the very start of the year and the continued decline in new housing starts over the period.

The trend is consistent across all of the Group’s businesses, resulting in:

 

 

Outlook

Against an economic backdrop that continues to weigh on all Group activities, HERIGE is focusing efforts on its sales drives and innovation policy in order to consolidate its positioning as a specialist in construction solutions and to guide clients through new building standards and requirements. The Group also remains highly attentive to its management processes and procedures and to all signs of a market recovery.


    
NEXT PRESS RELEASE : H1 results on 15 September 2015 (after the stock exchange closes).
All our financial communications are available on our website : www.groupe-herige.fr .

 

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