First-quarter 2018 sales

Financial press release

First-quarter 2018 sales

Financial press release

28 May 2018

First-quarter 2018 sales up 10.6% to €190.1M

Solid order book in new houses and significant growth in the renovation activity


Strong increase in first-quarter 2018 sales: + €18.2M

MAISONS FRANCE CONFORT first quarter 2018 sales stand at €190.1M up 10.6% over last year. This healthy production level reflects the record commercial performances recorded during 2017.

At constant perimeter, growth for the quarter thus stood at 6.8%.

In the first quarter, the BtoC and BtoB Renovation activity represents for a total turnover of €20.2M

Well oriented order intake in new houses and up significantly in renovation

After a record level of order intake during the 2017 financial year and a start of the 2018 financial year strongly penalised by:

– very unfavourable climatic conditions,

– uncertainties linked to a reduction in new home zero interest loans in B2 and C zones,

– a particularly high first-quarter base effect,

first quarter commercial activity nevertheless remains solid in the home building activity with marked recovery in April.

At end April, the Group shows 2,275 gross order intake in the home building activity representing a turnover of €269M, i.e. down 14% in number and 9.8% in value over 2017.

April 2018 order intake, down 1.1% in value, marks a strong downturn in the trend observed over the 1st quarter 2018.

The commercial activity of the first four months of 2018 remains significantly higher (+8.1%) than in 2016, which was at the origin of the Group’s excellent level of production in 2017.

As announced, the BtoC renovation activity order bookings on 30 April 2018 (Camif, Illico Travaux and Rénovert) are dynamic amounting to €21.2M, up 31% over last year.

30 April BtoB Renovation activity order bookings are also excellent standing at €27.1M over last year’s €9.3M, i.e. an increase of 192%.

At the start of this financial year, the renovation activity is thus clearly affirming its role of growth relay in the new home building activity that, despite a very demanding basis of comparison, is achieving solid commercial performances.

Growth and continued profitability expected in 2018

For 2018, with the high visibility given by its order book and taking into account the level of building projects in process, the MAISONS FRANCE CONFORT Group anticipates recording new organic growth in its turnover with a good level of operating profitability.

Moreover, the Group’s reputation, its geographical coverage, its diversified and innovative offering together with the setting up along with its banking partners of a 1% financing offer to accompany first-time buyers, are more than ever real assets in view of strengthening its leader position in single detached home construction.

In addition, the development of the buoyant Renovation sector will also contribute to the growth of Group activity in the coming months.

Finally, the Group confirms working on a new growth relay project with the creation of a new structure dedicated to real estate development in the Ile de France region.

A lire également

Financial press release

04 October 2023

2023 half-year results are up: Revenue of €552 million – Operating income of €21.6 Million – Positive outlook for 2023 – Solid foundations for 2024
Growing solid earnings and a very sound financial structure
Discontinuation of the b2b renovation business – judicial liquidation of the l’atelier des compagnons subsidiary
Operations that put margin before volume
A solid foundation for weathering the current crisis

Financial press release

03 August 2023

2023 half-year revenue : up +6.7% to €586.1 Million, on track to reach targets – Order intake for the first half of 2023 – Outlook for 2023 – A strong foundation to cope with the dip in the market

Financial press release

03 May 2023

2023 Q1 revenue: up 6.9% to €278.6 million, on track to reach annual group objectives – First-quarter production on track to reach 2023 objectives – Order intake for the first quarter of 2023 – Outlook for 2023