(BFM Bourse) – Originally from the heart of the Ardèche and radiating across five continents, the French specialist in industrial and commercial weighing solutions expects a good year 2022 despite the economic and geopolitical context given a good level of orders. The stock market appreciates.
The market applauds on Wednesday the publication of the turnover of the Precia Molen group, one of the rare (with Altheora) Ardèche companies listed on Euronext Paris. Designer, manufacturer and installer of static, industrial and commercial weighing instruments, and continuous weighing and dosing, for which the group also provides maintenance and inspection, Precia aimed to generate a turnover of 145 million euros, but the growth was ultimately higher, enabling it to exceed the 150 million euro mark. In response, the company’s share price rose by 10.42% to 33.80 euros around 5:00 p.m.
The firm, which targets both heavy industry (mines, quarries, steel, energy, environment, etc.), as well as light industry (agro-food, chemicals) or transport and logistics, as well than to administrations, accounted for 150.7 million euros over the whole of the past financial year, an expansion of 10.9% compared to 2020.
At constant perimeter, organic growth amounts to +9.4% (the acquisition of Creative IT represents 1.4% while currency effects are negligible). “Organic growth is clearly marked by the economic recovery at the global level. It is characterized by the very good performance of France, our historic market, with growth of 8.8%”, mentions Precia. Asia-Pacific posted impressive growth of 48.5%, driven in particular by India, as well as China, Malaysia and New Zealand. Europe excluding France remains solid, with growth of 2.1%.
A fast-filling order book
The order book at the end of December is growing even faster than sales, showing an increase of 33.2% compared to the end of 2020 (including 5.9% generated by Creative IT).
“This sharply rising portfolio and the order intake which remained at a good level at the start of the financial year bode well for a good year in 2022 despite the economic and geopolitical context”, mentions the Privado company, without giving at this stage any details. quantified objectives. Precia must present the details of the annual results on April 7.
At the same time, the Precia Molen group says it has recently signed a protocol for the acquisition of 80% of the company CAPI Senegal, the fourth location (after Morocco, Côte d’Ivoire and Burkina Faso) on the African continent, where the company wants to grow. CAPI Senegal is the historic leader in the sale and service of industrial weighing instruments in Senegal and neighboring countries. “Benefiting from an excellent reputation, at the service of a rich and renowned clientele”, its workforce is 10 people for a turnover close to one million euros. The completion of this acquisition is expected at the end of March.
Guillaume Bayre – ©2022 BFM Bourse
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