Turnover Q3 2021/2022
Turnover Q3 2021/2022:
The Group consolidates its growth momentum with an increase of 15.6% at constant exchange rates and working days in the third quarter
| In thousands of euros | TO at the end of June 2022 | TO at the end of June 2021 | Q3 2022 | Q3 2021 | Q2 2022 | Q2 2021 | Q1 2022 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|
| Chiffres d'affaires total | 671,157 | 594,196 | 231,461 | 200,825 | 214,099 | 181,264 | 255,596 | 212,107 |
During Q3 of financial year 2021/2022, Manutan Group's business grew by +15.3% (+15.6% at constant exchange rates and days with a currency effect of +0.3% and a day effect of -0.7%). This increase was driven by the Local Authorities division, which grew by 22.0% (no impact on days), and by the Enterprises division, which rose by 13.4% (13.8% at constant exchange rates and days).
From the financial year beginning to the end of the Q3 2021/2022, Manutan Group's cumulative Turnover was up +13.0% (+11.5% at constant exchange rates and days) compared to the same period of the financial year 2020/2021. 671. The Group's turnover at June 30 2022 was 671.2 million euros compared to 594.2 million euros at June 30, 2021.
In terms of its operational areas, the Group's situation is as follows:
| In thousands of euros | TO at the end of June 2022 | TO at the end of June 2021 | Q3 2022 | Q3 2021 | Q2 2022 | Q2 2021 | Q1 2022 | Q1 2021 |
| Enterprises | 535,425 | 467,386 | 178,043 | 157,038 | 182,265 | 150,535 | 175,118 | 159,812 |
| South | 251,595 | 219,826 | 83,400 | 73,254 | 85,984 | 69,473 | 82,210 | 77,099 |
| Centre | 136,244 | 115,647 | 45,639 | 38,103 | 46,285 | 38,645 | 44,320 | 38,899 |
| West | 93,892 | 86,102 | 30,934 | 29,879 | 32,235 | 28,062 | 30,723 | 28,162 |
| North | 31,712 | 28,510 | 10,341 | 9,917 | 10,680 | 8,982 | 10,690 | 9,611 |
| East | 21,983 | 17,301 | 7,729 | 5,887 | 7,080 | 5 ,373 | 7,174 | 6,041 |
| Local Authorities | 135,731 | 53,418 | 53,418 | 43,787 | 31,835 | 30,729 | 50,479 | 52,295 |
| South | 135,731 | 53,418 | 53,418 | 43,787 | 31,835 | 30,729 | 50,479 | 52,295 |
| TOTAL | 671,594 | 231,461 | 231,461 | 200,825 | 214,099 | 181,264 | 225,596 | 212,107 |
| At constant consolidation scope, exchange rates and exchange rates | Q1 | Q2 | Q3 | Q4 | Financial year |
| Enterprises | 8.1% | 17.9% | 13.8% | 13.1% | |
| South | 6.5% | 21.9% | 14.3% | 14.0% | |
| Centre | 13.8% | 16.3% | 20.2% | 16.7% | |
| West | 2.3% | 9.4% | 3.4% | 5.0% | |
| North | 5.9% | 17.7% | 6.5% | 9.8% | |
| East | 21.0% | 22.2% | 30.2% | 24.3% | |
| Local Authorities | -3.9% | 1.3% | 22.0% | +5.7% | |
| South | -3.9% | 1.3% | 22.0% | +5.7% | |
| TOTAL | 5.1% | 15.1% | 15.6% | 11.5% |
All Group operational areas are up, fuelled by a very strong momentum in e-business and offline sales animation, as well as by ongoing expansion of all the Group's product ranges. Growth in the Local Authorities division was mainly driven by Papeteries Pichon, which is taking advantage of the faster turnaround time between orders and deliveries thanks to the ramp-up of its brand new warehouse.
For the rest of the financial year 2021/2022 and given the current inflationary context, the Group will pursue its efforts to mitigate any potential impacts, while remaining focused on the implementation of its development strategy. This strategy will notably involve expanding its offering of responsible products and services, its storage capacities, as well as strengthening its hybrid business model, combining digital, personalized omnichannel customer approach and operational agility.
The Group continues actively seeking external growth targets.