THERMADOR GROUPE

turnover for first quarter 2018: +20.2%

turnover for first quarter 2018: +20.2%

In thousands of euros	2018	2018 constant scope*	2017	Variation 2018/2017	Variation 2018 constant scope* /2017
Breakdown by business:
Sferaco and Groupe Valfit, valves and fittings*	13,807	12,811	12,921	+6.9%	-0.9%
Thermador, accessories for central heating	12,026	12,026	11,862	+1.4%	+1.4%
Jetly, pumps	11,177	11,177	11,405	-2.0%	-2.0%
Mecafer and Domac, heavy tools in DIY stores*	8,307	6,925	7,404	+12.2%	-6.5%
PBtub, tubes in synthetic materials	7,088	7,088	6,973	+1.6%	+1.6%
Thermador International	6,033	6,033	5,039	+19.7%	+19.7%
Dipra, pumps and plumbing in DIY stores	5,803	5,803	5,111	+13.5%	+13.5%
Sectoriel, motorised valves and air compressors	5,046	5,046	4,665	+8.2%	+8.2%
Sodeco Valves, industrial valves and fittings*	4,969
FGinox, fittings and flanges in stainless steel*	4,012
Aello, equipment for swimming pools	1,681	1,681	1,205	+39.5%	+39.5%
Isocel, components for boilers	1,522	1,522	1,411	+7.9%	+7.9%
Axelair, ventilation equipment*	794	531	441	+80.0%	+20.5%
Other structures	81	81	76	+6.6%	+6.6%
Total 1st quarter (before IFRS 15)	82,346	70,724	68,513	+20.2%	+3.2%
Impact IFRS 15**	-997
Total 1st quarter (after IFRS 15)	81,349
* 2018 turnover taking into account acquisition of Domac consolidated since March 1, 2017, acquisition of Sodeco Valves consolidated since September 1, 2017, acquisition of FGinox consolidated since October 1, 2017, acquisition of Groupe Valfit consolidated since January 1, 2018. Axelair's 2018 turnover includes the turnover generated further to the acquisition of the Vortice France business from January 1, 2018.