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Manutan International S.A. (MAN.PA)

Paris - Paris Delayed Price. Currency in EUR
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72.60+1.00 (+1.40%)
At close: 5:35PM CEST
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Neutralpattern detected
Previous Close71.60
Open72.40
Bid0.00 x 0
Ask0.00 x 0
Day's Range71.60 - 72.60
52 Week Range40.30 - 80.40
Volume470
Avg. Volume987
Market Cap551.777M
Beta (5Y Monthly)1.20
PE Ratio (TTM)14.85
EPS (TTM)4.89
Earnings DateN/A
Forward Dividend & Yield1.45 (2.00%)
Ex-Dividend DateMar 23, 2021
1y Target Est88.10
  • GlobeNewswire

    MANUTAN GROUP Q1 2020/2021 : Turnover A dynamic growth sustained, over 7% compared to the 1st quarter of the previous year

    Gonesse, January 19th 2021 MANUTAN GROUP Q1 2020/2021 Turnover A dynamic growth sustained, over 7% compared to the 1st quarter of the previous year: € Millions 31 December 2020 31 December 2019 Turnover 212.1 197.0 During Q1 2020/2021 fiscal year, the Manutan Group's business enjoyed a growth of +7.7% compared to the same quarter of the previous fiscal year, including an exchange rate effect of -0.7% and a number of working days effect of +1.0% (+7.4% at constant exchange rates and number of working days, no scope effect). Turnover amounted to 212.1 million euros, compared to 197.0 million euros for the same quarter of the previous fiscal year. In terms of its operational areas, the Group’s situation is diverse: € Millions 31 December 2020 31 December 2019 Enterprises 159.8 149.0 South 77.1 71.7 Centre 38.9 35.6 Ouest 28.2 26.9 North 9.6 9.0 East 6.0 5.8 Local Authorities 52.3 48,1 South 52.3 48.1 TOTAL 212.1 197.0 At constant scope, exchange rates and number of working days 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Exercise Enterprises 7.5% 7.5% South 6.2% 6.2% Centre 8.7% 8.7% Ouest 9.8% 9.8% North 4.9% 4.9% East 8.4% 8.4% Local Authorities 7.0% 7.0% South 7.0% 7.0% TOTAL 7.4% 7.4% Thanks to its B2B e-commerce model, to the wideness of its product offering and to its operational agility, the group is continuing its dynamic growth. It is driven by all zones and divisions, all up compared with the first quarter of the previous year. The Group continues to implement its development strategy and in particular the extension of its storage capacities and the deployment of the digital model, and will carry on actively seeking external growth targets. *********************About the Manutan Group Manutan, a family-run group founded in 1966, is a European leader in BtoB e-commerce, specialising in the distribution of equipment for businesses and local authorities. Offering one of the most extensive range of high-quality products and services in Europe, the Group satisfies all its customers' needs and delivers support and guidance in streamlining their indirect purchases. With 26 subsidiaries across 17 European countries, the Group employs over 2,100 people and generated revenue of €780 million in 2019/20. Manutan France and IronmongeryDirect received the Best Workplaces distinction in 2020. Manutan International is listed on Euronext Paris – Compartment B - ISIN: FR0000032302-MAN. www.manutan.com Next publication : Q2 2020/2021 Turnover :scheduled for April 15th, 2021 (after market closure) Attachment Avis Financier Q1_2021_EN

  • Manutan Group : 2019/2020 financial year : Good resilience of the Manutan Group in an economic context severely disrupted by the health crisis : A turnover in slight growth and profitability preserved
    GlobeNewswire

    Manutan Group : 2019/2020 financial year : Good resilience of the Manutan Group in an economic context severely disrupted by the health crisis : A turnover in slight growth and profitability preserved

    Financial notice of December 2nd 20202019/2020 financial year : Good resilience of the Manutan Group in an economic context severely disrupted by the health crisis : A turnover in slight growth and profitability preserved  € Millions   2019/2020     2018/2019     Variation   Turnover 779.7 773.9 +0.8% Current operating profit 58.4 62.2 -6.2% Operating profit 55.6 60.6 -8.4% Net income 37.2 42.3 -12.0% Return to growth in the Q4 (July – September 2020)Compared to the 2018/2019 financial year, the Group continues to grow and registers an increase of +0.8% (-1.6% at constant scope, exchange rates and number of working days). After having experienced a strong negative impact linked to the Covid-19 crisis in March and April, the Group returned to growth from May, with an increase in turnover of +3.8% for the period from May to September (+3.0% at constant scope, exchange rates and number of working days).Current operating profit above 7% of TurnoverOver the 2019/2020 financial year, current operating profit represents 7.5% of Turnover (against 8.0% for the previous year). Since the beginning of the crisis, the Group has implemented specific measures to better assist its customers and limit the impact of the crisis on performance, whilst safeguarding the future:  * Adaptation of the product and service offer to meet customer needs; * Maintaining significant commercial and marketing activities to support development; * Optimization of the cost structure (operating expenses down by 0.8% compared to the previous year); * Continuation of the medium-term investment plan (logistical capacities and information systems). The decrease in the gross margin rate (36.6% of Turnover against 37.6% the previous year) was mainly due to one-off and non-recurring costs related to purchases of Covid-19 products (masks, gels, smocks, etc.).  Net income stands at 4.8% of Turnover against 5.5% throughout previous year  The decrease of -12.0% is mainly explained by the combination of the following impacts:-              The -6.2% drop in current operating profit;-              The recognition of a goodwill impairment on the CGU Sports et Loisirs (Casal) for 3 million euros, already presented at March 31st , 2020 (note that Casal's Turnover only represents 5% of Group’s Turnover);-              A lower financial result in line with the evolution of the pound sterling and the US dollar.Dividends In light of the results achieved and the economic situation, an overall dividend of 11 million euros will be submitted, for approval, to the Annual General Meeting convened to validate the accounts for the financial year ended 30 September 2020. The dividend payment would therefore amount to 1.45 euro for each of the Group’s 7,613,291 shares, at a par value of 2 euros.An ever sound financial positionThe Group maintains a solid financial structure and a cash level that allows it to finance its activity and its investments in the current context. The Group has a cash available of 90.2 million euros and its financial debts (including the IFRS16 impact of leasehold debts) represent 11.9% of the total balance sheet as of September 30th, 2020.The outlook for financial year 2020/2021 The current situation presents strong uncertainties and limited visibility with a crisis of an unprecedented scale and form, combined with high uncertainty level on business investment in 2021.In this context, the Group remains confident in its medium-term development capacity, with its fundamental strengths comforted in the period of crisis:-              An advanced digital model;-              A strong proximity and support for its customers;-              A brand positioning adapted to the current crisis;-              A strong level of commitment and dedication of Manutan employees;-              A wide and qualitative product offering to best meet the needs of our customers;-              Significant logistical resources;-              An ability to protect its profitability during times of crisis coupled with a strong financial position and stability of the shareholders and management.In this coming year, the major challenge for the Group is the implementation of the investment plan for the extension of storage capacities, and the further deployment of the digital model.The Group will also remain attentive to external growth opportunities that may arise.  ********************* About the Manutan GroupManutan, a family-run group founded in 1966, is a European leader in BtoB e-commerce, specialising in the distribution of equipment for businesses and local authorities.Offering one of the most extensive range of high-quality products and services in Europe, the Group satisfies all its customers' needs and delivers support and guidance in streamlining their indirect purchases.With 26 subsidiaries across 17 European countries, the Group employs over 2,100 people and generated revenue of €780 million in 2019/20. Manutan France and IronmongeryDirect received the Best Workplaces distinction in 2020.Manutan International is listed on Euronext Paris – Compartment B - ISIN: FR0000032302-MAN.www.manutan.comNext publication: Q1 2020/2021 Turnover: scheduled for January 19th, 2021 (after market closure)  Attachment * Avis Financier S2 FY20 EN VDEF

  • GlobeNewswire

    MANUTAN GROUP : 2019/2020 Q4 : Turnover Return to growth in Q4

    Gonesse, October 15th 2020MANUTAN GROUP 2019/2020 Q4 TurnoverReturn to growth in Q4 Over the 2019/2020 fiscal year, the Group's turnover recorded slight growth compared to the previous year, in the very turbulent economic context due to the health crisis.€ thousandsTurnover at the end of September 2020Turnover at the end of September 2019Q4 2020Q4 2019Q3 2020Q3 2019Q2 2020Q2 2019Q1 2020Q1 2019 Turnover like-for-like755 454768 242213 049205 399178 598190 484172 522179 748191 286192 612 Contribution of acquired companies*24 2515 6435 9585 6435 86006 69605 7370 Total turnover779 705773 885219 007211 042184 458190 484179 218179 748197 023192 612 *Acquisition of Kruizinga on June 14th 2019Over the 2019/2020 fiscal year, the Manutan Group’s Turnover amounted to € 779.7 million compared to € 773.9 million previous fiscal year, an increase of +0.8% ( -1.6% at like-for-like scope, constant exchange rates and number of working days, with a scope effect of +2.4%, a currency effect of -0.04% and a day effect of +0.05%).During Q4 2019/2020 fiscal year, the Manutan Group’s business has grown by +3.8% compared to the same quarter of fiscal year 2018/2019. This increase amounted to +3.6% at constant exchange rates and number of working days (with a currency effect of +0.03% and a day effect of +0.1%). Turnover therefore stood at € 219.0 million compared to € 211.0 million for the fourth quarter of the previous year.In terms of its operational areas, the Group’s situation is as follows : € thousandsTurnover at the end of September 2020Turnover at the end of September 2019Q4 2020Q4 2019Q3 2020Q3 2019Q2 2020Q2 2019Q1 2020Q1 2019 Enterprises593 705573 296145 202139 363147 466139 039152 078150 229148 959144 665    South284 905269 95368 42762 54475 28565 80569 50671 54671 68770 059    Centre143 552126 48235 79933 88033 44829 01238 69332 71335 61330 877    West106 454114 57727 95429 54424 58328 71327 06529 61126 85226 709    North35 16038 8928 1657 8748 8979 6649 10410 4888 99510 867    Est23 63423 3924 8585 5225 2535 8467 7105 8715 8126 153 Local Authorities186 000200 58973 80571 67936 99251 44527 14029 51948 06447 947    South186 000200 58973 80571 67936 99251 44527 14029 51948 06447 947 TOTAL779 705773 885219 007211 042184 458190 484179 218179 748197 023192 612 At constant exchange rates and on a like-for like basis 1st Quarter 2nd Quarter3rd Quarter4th QuarterFinancial Year Enterprises-0.6%-5.0%+2.8%+4.0%+0.2% South+3.6%-4.1%+13.8%+9.3%+5.4% Centre-2.7%-3.7%-3.2%+5.3%-0.8% West-3.7%-12.9%-12.2%-6.2%-8.8% North-14.3%-11.8%-5.0%+2.6%-7.9% Est-1.1%+30.0%-4.5%-8.6%+4.0% Local Authorities+2.8%-9.5%-27.4%+3.0%-6.8% South+2.8%-9.5%-27.4%+3.0%-6.8%    TOTAL+0.2%-5.7%-5.4%+3.6%-1.6% * The Enterprises division growth in the fourth quarter (+4.0%) was mainly driven up by the South area and Centre areas. The North area got back on the path to growth after three quarters declined. The East area was impacted by a sharp decline in Poland, which nevertheless remained in strong growth throughout the year. The West area continued to be impacted by the slowdown in business due to the pandemic.   * The activity of the Local Authorities division returned to growth in the fourth quarter (+3.0%), after the decline in the two previous quarters, linked to schools’ closure policy during the lockdown period in France.The Group's priorities remain focused on adjusting and developing its product and service offering to best meet the changing needs of its customers, while ensuring the safety of its partners and employees. The health crisis enabled the Group to step up its investments in Digital, which fully contributed to growth over the year. All the warehouses have remained and remain operational and keep also applying all the instructions and protective measures recommended by the health authorities in each country where the Group operates.Due to the uncertainties surrounding the current global crisis, it is hard to estimate how the Group's results for the coming months will be affected, but Manutan is going the extra mile to minimise the repercussions while continuing to prepare for the future and draw strength from its ever solid key attributes.********************* About the Manutan GroupManutan, a family-run group founded in 1966, is a European leader in BtoB e-commerce, specializing in the distribution of equipment for businesses and local authorities.Offering one of the most extensive range of high-quality products and services in Europe, the Group satisfies all its customers' needs and delivers support and guidance in streamlining their indirect purchases.With 26 subsidiaries across 17 European countries, the Group employs over 2,200 people and generated revenue of €774 million in 2018/19. Manutan France received the Best Workplaces distinction in 2020.Manutan International is listed on Euronext Paris – Compartment B - ISIN: FR0000032302-MAN.www.manutan.comNext publication : Annual results 2019/2020 December 2nd 2020 (after market closure) Attachment * Avis Financier 4T2020_English