Sharp increase in turnover: 39 099 K€, i.e. +38%
Export sales up 150%
492 stores installed (+46%) in 18 countries with 62 store networks
Key competitive bids won, for various store formats in France and in export markets
Turnover:
In the fourth quarter 2007 , Store Electronic Systems installed 126 new stores, generating a turnover of 9 936 K€, a growth of 26.6% vs. Q4 2006. Growth remains particularly strong in export markets.
| In K€ | 4th quarter 2007 | 4th quarter 2006 | % change |
| Turnover | 9 934 | 7 847 | + 26.6% |
| - France | 7 630 | 6 920 | + 10.3% |
| - International | 2 304 | 927 | + 148.5% |
Over the entire year , Store Electronic Systems installed 492 stores generating a 38% increase in turnover. Growth is very significant in international markets with 163 stores installed and a sales increase of 149.7%
| In K € | Year 2007 | Year 2006 | % change |
| Turnover | 39 099 | 28 341 | + 38.0% |
| - France | 28 585 | 24 131 | + 18.5 % |
| - International | 10 514 | 4 210 | + 149.7% |
Sales growth is in line with Company projections for fiscal year 2007 (in the range of + 40%).
2007 results:
Results of FY 2007 will be published on February 28. Much like in the first semester, the operating result and the pre-tax profit are expected to show a substantial increase.
A SFAF meeting (Société Française des Analystes Financiers) will be held on February 28 2008 at Palais Brongniart, for a detailed presentation of Company figures.
Sales outlook:
During 2007 the Group recorded 537 new orders, an increase of 57.9% over the previous year. During the fourth quarter alone, SES recorded 135 orders against 82 for the same period in 2006, i.e. a growth of 64.6%
Continuing on its momentum, the Group won new competitive bids for store formats ranging from hard discount to hypermarket, both in France and abroad. SES has been retained to equip the first 20 Franprix stores (Pro Distribution Group) in 2008; the Company also won the Eroski bid, thus becoming the supplier for 84 hypermarkets in Spain over 3 years. These successes, added to the exclusive retainer by Système U last July, should generate significant revenue in 2008.
SES is consolidating its leadership and confirming that its value proposition is truly adapted to the requirements of major French and foreign retail networks. In this context, the Company anticipates a substantial sale growth in 2008, particularly in the third and fourth quarters.
About Store Electronic Systems
Store Electronic Systems is one of the world leaders in Electronic Shelf Labelling Systems (EEG) for large-scale food and non-food retailers.
The global market for this reliable, high value-added product offers strong potential, in its deployment phase at the international level.
Store Electronic Systems is listed on the Compartment C of EuronextTM Paris.
Mnémo: SESL
ISIN codes: FR0010282822 - Reuters: SESL.PA - Bloomberg: SESL.FP
www.ses-esl.com
www.store-electronic-systems.com
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