Wednesday 22 April 2015
Norbert Dentressangle
Q1 2015 revenues up 20.7% to €1.3 billion
* Sharp increase in business volumes in Q1 2015, with revenues up 20.7%,
+1.7% like for like, to €1.3 billion from €1,078 million in Q1 2014,
primarily due to the full-year impact of the acquisition of US-based
Jacobson.
* Sharp increase in Logistics revenues, up 30.3% to €680 million
* Transport revenues up 12.2% to €592 million
* Air & Sea revenues up 4.7% to €50 million
Hervé Montjotin, CEO, made the following comments on the Group'sperformance in
the first quarter of 2015: "Sales figures for the first quarter of 2015 show
that the new international scale of Norbert Dentressangle is driving the growth
momentum across all its businesses, of Logistics, Transport and Air & Sea. The
operating performances recorded over the quarter have strengthened our
confidence in the outlook for 2015."
Revenues Q1 2015 Q1 2014 Change Like-for-like
€m change
Logistics 680 522 +30.3% +3.6%
Transport 592 527 +12.2% -0.1%
Air & Sea 50 48 +4.7% +0.8%
Inter-division (22) (20) n/a n/a
Consolidated Total 1,300 1,078 +20.7% +1.7%
Revenues per region Q1 2015 Q12014 Change Like-for-like
€m change
France 429 422 +1.7% +0.1%
United Kingdom 353 311 +13.6% +1.7%
United States 170 5 n/a n/a
Spain 141 135 +4.5% +4.5%
Other countries 208 206 +1.3% +3.5%
Norbert Dentressangle's consolidated revenues amounted to €1.3 billion in the
first quarter of 2015, up 20.7% compared to the same period last year.
Like-for-like growth was +1.7%. There was a currency impact of +3.5%.
Revenues generated outside France accounted for 67% of total Group revenues for
the first quarter. The United Kingdom, the second largest country, accounted
for 27% of total sales. Following the Jacobson acquisition, the United States
accounted for 13% of total sales, while Spain maintained its momentum and
contributed 11% of total revenues.
Performance by division
The Logistics Division maintained its growth momentum in the first quarter of
2015 with revenues of €680 million, up 30.3% based on reported data and up 3.6%
on a like-for-like basis.
The Transport Division posted revenues of €592 million, up 12.2% based on
reported data and down -0.1% like for like. The price-volume effect on
quarterly revenues amounted to +3.2% demonstrating a positive momentum of
Transport activities, although revenues were affected (-2.7%) by the sharp fall
in oil prices, which is passed on in the price of our transport services.
Air & Sea generated revenues of €50 million in the first quarter of 2015, up
4.7% based on reported data and up 0.8% like for like, thus confirming the
strength of this growing business activity.
The first quarter's profit margins increased Norbert Dentressangle's confidence
in the outlook for 2015.
Upcoming dates
* The General Meeting of Shareholders will be held at 5.30 pm on 21 May 2015
at the Hôtel Sofitel, 20 quai Docteur Gailleton, 69002 Lyon. Shareholders
wishing to attend the General Meeting are required to submit a request to
their financial advisor within the statutory timeframe.
* 2015 first half results: 30 July 2015 (after market close)
About Norbert Dentressangle
Norbert Dentressangle is an international player in logistics, transport and
air & sea freight with 42,500 staff and a presence in 25 countries. At 31
December 2014, its revenue was €4,669 billion, including 64% generated outside
France. Norbert Dentressangle develops high added value solutions in its three
sectors of activity on the European, American, African and Asian continents and
places sustainable development at the core of its business. Included in the CAC
Small and CAC All Tradable indices, Norbert Dentressangle is run by a
Management Board chaired by Hervé Montjotin.
Euronext Paris (catégorie A) / Euronext London, Code GND - Isin FR0000052870
www.norbert-dentressangle.com
Key contacts
Norbert Dentressangle DGM Conseil
Communications Senior Vice-President Media Relations
Thierry LEDUC - Tel: +33 4 72 83 66 00 Olivier Labesse - Tel: +33 1 40 70 11 89
Email:
thierry.leduc@norbert-dentressangle.com Email: labesse@dgm-conseil.fr
Head of Corporate Affairs Thomas de Climens - Tel: +33 1 40 70 11 89
Clémence CHOUTET - Tel: +33 4 72 83 65 94
Email:
Email: thomasdeclimens@dgm-conseil.fr
clemence.choutet@norbert-dentressangle.com
Hugues Schmitt - Tel: +33 1 40 70 11 89
Email: h.schmitt@dgm-conseil.fr© 2015 PR Newswire
