Rocamat published a consolidated revenue for first quarter 2011 of 16.5 million, flat compared to first quarter 2010.
At constant exchange rates, the revenue was down 2.9%.
The North American subsidiary Polycor displays a sales growth of 21.1% over the quarter. Excluding currency effects, growth was reduced to 13.3%. Sales outside Rocamat Polycor the first quarter of 2011 reflected a decrease of 12.3%.
"The bill does not reflect the business that is growing rather than in the first trimestren 2010 with order intake at the end of March 2011, up nearly 15% compared to March 2010, the company said .
Management believes that the development of billing from the previous year should be corrected in the coming months and the group expects the same Polycor Rocamat off a turnover growth over the whole year.
At constant exchange rates, the revenue was down 2.9%.
The North American subsidiary Polycor displays a sales growth of 21.1% over the quarter. Excluding currency effects, growth was reduced to 13.3%. Sales outside Rocamat Polycor the first quarter of 2011 reflected a decrease of 12.3%.
"The bill does not reflect the business that is growing rather than in the first trimestren 2010 with order intake at the end of March 2011, up nearly 15% compared to March 2010, the company said .
Management believes that the development of billing from the previous year should be corrected in the coming months and the group expects the same Polycor Rocamat off a turnover growth over the whole year.
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