15.05.2007 18:00:00 CET
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PRESS RELEASE
Paris, 15 May 2007 - 6pm
YOUR OPERATIONAL LEASING SOLUTION
TOUAX: consolidated revenues rise 16.4% to €44 million in the first quarter of 2007
Revenues by type (Unaudited consolidated figures, in € thousands) | 2007 | 2006 | Difference |
Leasing revenues | 38 114 | 35 483 | 7% |
Sales of equipment and sundry items | 6 035 | 2 436 | 148% |
Consolidated revenues in the first quarter | 44 149 | 37 919 | 16% |
Revenues by business segment (Unaudited consolidated figures, in € thousands) | 2007 | 2006 | Difference |
Shipping containers | 17 429 | 14 940 | 17% |
Modular buildings | 12 648 | 10 656 | 19% |
River barges | 5 294 | 8 621 | -39% |
Railcars, sundry items and inter-segment eliminations | 8 778 | 3 702 | 137% |
Consolidated revenues in the first quarter | 44 149 | 37 919 | 16% |
Consolidated revenues in the first quarter of 2007 amounted to €44.1 million, representing an increase of 16.4% compared to the first quarter of 2006.
The Shipping Containers division continues to benefit from the structural growth in global trade.
The Modular Buildings division is advancing due to the signing of numerous contracts.
The River Barges division sold a non-strategic business in 2006 in order to refocus its activity on rivers with high potential: Mississippi, Rhine and Danube.
The Railcars division is being buoyed by the liberalization of rail freight in Europe, which is opening the way to a large number of investments.
The TOUAX Group provides operational leasing of shipping containers, modular buildings, river barges and freight railcars for a global customer base, both for its own account and on behalf of investors.
At its SFAF meeting of 24 April 2007, the Group announced its target of increasing its net income by more than 40% in 2007, i.e. over €10 million. The increase in revenues is in line with our expectations. We are therefore maintaining our target.
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 & Raphaël Walewski Managers touax@touax.comwww.touax.com Tel: 01 46 96 18 00
ACTUS FINANCE
Sébastien Berret sberret@actus.fr www.actus.fr Tel: 01 53 67 35 77