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Currency Euros code : GEVE.PA
After performing solidly in 2011, the Gévelot group could experience flat or declining revenues in 2012, due to negative trends in the international economic and political situation.
The Extrusion Division, wich has been back in the black for more than two years thanks to its flexibility and technical skills acknowledged by its main clients, is likely to maintain its positions. Recent commercial developments are likely to bear fruit in the medium term. However, the outlook for a downturn in the automotive sector could penalise revenues after the solid volumes of recent months.
The Pump Division is likely to continue expanding internationally against a backdrop of higher oil prices and at times uncertain geopolitical environments. Margins, however, could be hit by the incerased costs of developing business internationally. Innovation efforts will continue in order to meet demand on our various markets.
The Mechanical Division will depend on the often negative trends in its historical markets, but the solid results hoped for from its recent diversification and ongoing adjustment measures are likely to allow it to continue breaking even.
In its two centuries of existence, our Group has always managed to cope with challenging phases thanks to the quality of its people, its solid capital structure, and its technological prowess. It therefore remains confident in its ability to adapt to a downturn in the economic environment.
Paolo Martignoni
january 2012
Last information
30-01-2012 Press Releases / Press Releases
Comparison of 2011 and 2010 net revenues (Alternext/Amf/Gévelot website)
First half 2011 (Alternext/Amf/Gévelot website)
at 06.30.2011 (IFRS)
at 12.31.2010 IFRS)
at 06.30.2010 (IFRS)