11.05.2005 07:30:00 CET
* { font-family: Arial, Verdana, Helvetica; font-size: 13px;} td { padding: 3px; } }
| Consolidated turnover (in thousands of euros) | 2005 | 2004 | Variation |
| Lease revenues | 28 105 | 25 601 | 10% |
| Sales of equipment and others | 17 992 | 7 439 | 142% |
| Consolidated turnover Q1 2005 | 46 097 | 33 040 | 40% |
| Consolidated turnover by activity (in thousands of euros) | 2005 | 2004 | Variation |
| Shipping containers | 28 748 | 15 370 | 87% |
| Modular buildings | 9 424 | 8 690 | 8% |
| River barges | 6 503 | 7 614 | -15% |
| Freight railcars and miscellaneous | 1 422 | 1 366 | 4% |
| Consolidated turnover Q1 2005 | 46 097 | 33 040 | 40% |
The consolidated revenues for the first quarter 2005 were E 46.1 million an increase of 40% in comparison with the quarter ending March 2004. On a comparable scope of consolidation and a stable dollar basis, the revenues show an increase of 46 %.
The shipping container activity continues to benefit from the globalization of trade and the uninterrupted growth in International commerce. The increase of the activity (+87 %) is explained by an increase of lease revenues and sales of equipments during the first quarter 2005. The modular building activity also progressed due to higher utilization and leasing rates . The river barge activity was down due to a fall in the charter revenues. The railcar activity benefited from the liberalization of the rail-bound transport in Europe.
Taking into account the cyclic aspect of the sales, the Group continues to project an increase of 5% for revenues in 2005 subject to fluctuations of the dollar and on a comparable scope of consolidation.
The Board of Directors dated March 25th, 2005 has proposed to the shareholders meeting, a dividend distribution of E 0.60 net per share.
TOUAX is listed in Paris on EURONEXT - Eurolist Compartment C (ISIN Code FR0000033003) and is part of the Next Prime quality segment of EURONEXT.
Contacts :
TOUAX
Fabrice WALEWSKI/ Raphaël WALEWSKI
Co-Chairmen
Tel: +33 1 46 96 18 00
ACTUS FINANCE
Nicole ROFFÉ - Analyst/Investor Relations
nroffe@actus.fr
touax@touax.com
Sébastien BERRET - Press Relations
sberret@actus.fr
Tel: +33 1 53 67 35 77
YOUR OPERATIONAL LEASING SOLUTION