Growth of 6.9% in third-quarter 2018 (like-for-like)
Strong growth in industrial activities in third-quarter 2018
HERIGE Group posted turnover of €127.8 million for the third quarter of 2018, up 6.9% like-for-like on the same period in 2017. The performance was primarily driven by strong momentum in industrial activities, with Concrete Industry up 14.7% and Industrial Joinery up 10.7%.
For the first nine months of 2018, total Group turnover was up 5.4% like-for-like at €422.2 million:
- Turnover for Building Materials Trading advanced 3.7%, boosted yet again by a recovering market,
- Concrete Industry turnover rose 7.7%, driven notably by an increase in volumes of ready-mix concrete,
- Turnover for Industrial Joinery climbed 9.5%, fuelled yet again by the momentum of its new product AM-X.
Outlook and developments
Faced with a still uncertain construction market and a wait-and-see climate linked to future regulations, HERIGE is continuing to focus on a strategic roadmap for its business divisions that will enable it to create profitable and lasting growth.
NEXT PUBLICATION: Turnover for Q4 2018 on 5 February 2019 (after the stock exchange closes)
All our financial communications are available on our website www.groupe-herige.fr