On the fait accompli, investors lighten up a bit. After a jump of 8% in three days, the title Abéo yields 1%, to 18 euros, Friday morning. The sports equipment group based in Rioz, Haute-Saône, did not disappoint, far from it. He presented, Thursday evening, a solid turnover up 13.1% in the third quarter 2021-2022, to 52.2 million euros. On a like-for-like basis, the variation is 10%. To this must be added the contribution of the Belgian Eurogym over two months and a positive exchange rate effect.
Sign of a return to almost normal, the Sport division signed its best quarter in volume (at constant perimeter) since the start of the pandemic, with a turnover of 27.3 million euros, up by 16.2%. But it is the Sportainment & Climbing branch, which was the furthest behind, which rebounded the most, with revenues up 43.6%, to 11.9 million. Only the quarterly turnover of the locker room division is down 9.4%, due to an unfavorable basis of comparison.
2022 World Games
What next? It is well oriented for Abéo, undeniable value to play the reopening of the economy. ” The volume of order intake for the third quarter of the 2021-2022 financial year is very well oriented and is back to pre-health crisis levels “says the group. At the end of December, order intake represented 163.6 million euros, or 29.7% more than in the same period of 2020-2021. The icing on the cake: if the group is absent from the Winter Olympics, it will, however, be present at the 2022 World Games, which will be held in early July in Birmingham, Alabama, in the United States. The Spieth America brand has been designated official supplier for the acrobatic, aerobic and rhythmic gymnastics events, the tumbling events as well as the trampoline events. It will participate in Parkour events (art of crossing and moving), via a partnership with Hurricane.