Turnover Q1 2021/2022
The Group is strengthening its growth dynamic with increase of Turnover by +5.2% (excluding currency, days and scope’s effect) compared to the first quarter of the previous financial year
| In thousands of euros | December 31st 2021 | December 31st 2020 |
|---|---|---|
| Total turnover | 225 596 | 212 107 |
During Q1 2021/2022, the Manutan Group’s business has grown by +6.4% compared to the same quarter of the prior financial year, with a currency effect of +1.1% and a day effect of +0.1% (+5.2% at constant exchange rates and number of working days, no scope effect). Turnover amounted to € 225.6 million compared to € 212.1 million previous financial year.
In terms of its operational areas, the Group’s situation is as follows:
| In thousands of euros | December 31st 2021 | December 31st 2020 |
|---|---|---|
| Enterprises | 175 118 | 159 812 |
| South | 82 210 | 77 099 |
| Centre | 44 320 | 38 899 |
| West | 30 723 | 28 162 |
| North | 10 690 | 9 611 |
| East | 7 174 | 6 041 |
| Local Authorities | 50 479 | 52 295 |
| South | 50 497 | 52 295 |
| TOTAL | 225 596 | 212 107 |
| At constant scope, exchange rates and number of working days | 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | Exercice |
|---|---|---|---|---|---|
| Enterprises | +8.1% | +8.1% | |||
| South | +6.5% | +6.5% | |||
| Centre | +13.8% | +13.8% | |||
| West | +2.3% | +2.3% | |||
| North | +5.9% | +5.9% | |||
| East | +21.0% | +21.0% | |||
| Local Authorities | -3.5% | -3.5% | |||
| South | -3.5% | -3.5% | |||
| TOTAL | +5.2% | +5.2% |
Thanks to its B2B e-commerce-oriented alliance model, the breadth of its product offering and its operational agility, the Group is consolidating its growth momentum.
The growth is driven by the Enterprises division, which saw all of its areas progressing in the first quarter of financial year 2021/2022 (its seventh consecutive quarter of growth).
The Local Authorities division is affected by a base effect. The activity of the first quarter of the previous financial year had indeed been particularly strong, due to a shift in community spending towards the last quarter of the 2021 calendar year, linked to Covid-19 and the municipal elections.
The Group continues to implement its development strategy, in particular the extension of its storage capacities and the deployment of its digital model. The Group will carry on actively seeking external growth targets.