The Group aims to boost its development on the local DIY market by 2014 and has declared a target turnover including V.A.T. for networks of 2.5 thousand million euros and an ordinary operational margin of approximately 8% of consolidated turnover.
Achieving this ambition will require support for networks in their growth. From 2011, investment will be assigned to commercial, logistics and support services to achieve this target. The Group therefore expects the period 2011 to be mainly based on the development of its networks for its own stores (24 new Mr Bricolage stores including 13 switches from former Catena and Briconautes stores and 3 new Briconautes stores, plus 1 pilot integrated store with Entrepôt du Bricolage) and those of its partners. The Group will develop an investment programme of approximately €20M and continue with its debt reduction plan.
Mr Bricolage SA aimed to increase ordinary operating profit in line with turnover, in view of the further improvement in the profitability of integrated stores (owned by the Group).
Listed on NYSE Euronext Paris
Eurolist segment C
ISIN: FR0004034320 – MRB
Initial listing on 4/05/2000
Indexes: CAC All-Share
Number of shares: 10387755
Stock market capitalization: 95.15 M€