MASTRAD announces:
Half-year consolidated revenue as of 12/31/2021
———————————————-
Paris, January 26, 2022-MASTRAD (EURONEXT GROWTH: ALMAS; ISIN: FR0004155687),
innovative brand in kitchen utensils announces today its unaudited consolidated turnover for the first half of its financial year, ended 31/12/2021.
The consolidated group’s consolidated revenue stands at €3.8 million, down 20% compared to the half-year of the 2020/2021 financial year
The geographical breakdown of sales is as follows
|
31.12.21 |
31.12.20 |
Var. | |
|
in €m |
6 months |
6 months | |
|
France |
1.71 |
1.87 | -8.5% |
|
% of total turnover |
45.0% |
41.3% | |
|
Export (outside North America) |
0.80 |
0.76 | 5.0% |
|
% of total turnover |
20.9% |
15.7% | |
|
Mastrad Inc. (USA and Canada) |
1.29 |
2.13 | -39.2% |
|
% of total turnover |
34.1% |
8.4% | |
|
TOTAL TURNOVER |
3.8 |
4.8 |
-20.1% |
France
Mastrad achieved a turnover of €1.71m in the first half of 2021/2022, down €0.16m, i.e. a drop of 8.50% compared to a very good comparable in N+1.
This decrease is mainly due to supply difficulties linked to the shortage of raw materials and containers. Footfall in shopping centers and department stores was strongly penalized by the rebound of the epidemic at the end of the year, while local shops, on the other hand, benefited from it.
export
(outside USA)
The export turnover is 0.8M€, an increase compared to N-1. The restart of international activity is very significant, most countries, withdrawn into themselves during the health crisis, having lived in virtual autarky. This encouraging reopening can already be seen in the calls for tenders and the activity for the current year.
CA USA
mainly carried out in B to B represents a figure of 1.29 M€ over the past half-year, down 39% compared to last year due to the severe lack of components.
Guidance on the turnover of the exercise:
The turnover for the past half-year is not in line with our expectations due to major difficulties in supplying our factories, whether in raw materials (steel, silicone, etc.) or electronic components, but also because of transport difficulties. international slowing down and making our deliveries more expensive.
Mathieu Lion, CEO of the Group adds: However, the forthcoming releases of our new connected products, the renewal of our contract with Whirlpool and an improvement in the availability of components and raw materials confirms our guidance of a return to growth. profitable at the end of the financial year.
Company Council – Listing Sponsor
About MASTRAD ( www.mastrad-paris.fr )
Founded in 1994, MASTRAD has recognized know-how in the creation, design, subcontracting manufacturing and distribution of innovative kitchen products. With more than 400 references, MASTRAD offers a wide range of products combining functionality, ergonomics, quality, new materials, technique, hygiene, durability and design. In 25 years, MASTRAD has acquired a solid reputation with the general public and distributors both in France and abroad with a presence in fifty countries. The group is resolutely pivoting and reversing and today offers two ecosystems of connected products for the world of connected cooking. Sector in very strong growth.
MASTRAD is listed on Euronext Growth in Paris
ISIN Code: FR0004155687 – Mnemo: ALMASCONTACTSMastrad
Contact Mastrad
Thibault Houelleu – Deputy CEO –
Phone. : 01 49 26 96 00
– [email protected]
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Full and original press release in PDF format:
https://www.actusnews.com/news/72929-cp-mastrad-ca-31.12.2021.pdf
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