PR Newswire/Les Echos/

Press release
21 October 2014

  Financial information for the first nine months of the 2014 financial year

Consolidated sales         2014     2013(1)     2013   Pro forma   Change(2)
(EUR millions)           Reported  Pro forma  Reported  change   on a like-for-
                                                                  like basis

First quarter             235.3      206.7     227.0    +13.8%     +11.8%
Second quarter            274.4      260.2     279.9     +5.4%      +5.8%
Third quarter             243.5      235.7     252.3     +3.3%      +2.2%
First nine months         753.1      702.6     759.2     +7.2%      +6.4%

Disclaimer: The planned demerger of the Group's two branches, announced on 14
May 2014, led to the reclassification of Somfy Participations' assets as assets
held for sale, pursuant to IFRS 5, and to their exclusion from the consolidation
scope with retroactive effect from 1 January 2014. As a result, Group sales for
the current financial year do not include the contributions of Sirem and
Zurflüh-Feller.

Sales

. Group sales, equivalent to those of Somfy Activities, totalled EUR753.1
million for the first nine months of the financial year, an increase of 7.2% on
a pro forma basis and 6.4% on a like- for-like basis. Sales amounted to EUR235.3
million in the first quarter, EUR274.4 million in the second quarter and
EUR243.5 million in the third quarter (up 11.8%, 5.8% and 2.2% respectively, on
a like-for-like basis). The dip at the end of the period was due to less
favourable comparatives and more difficult market conditions in certain
countries.

Strong gains were recorded in Central and Eastern Europe, Asia-Pacific and
Germany (up 15.2%, 11.1% and 8.1% respectively, on a like-for-like basis, for
the first nine months), as well as in Southern Europe(3) and Northern Europe (up
10.2% and 9.4% respectively, on a like-for-like basis), as a result of the
recovery in the Iberian Peninsula, Benelux, the UK and Scandinavia.

(1) The Group's pro forma sales for the 2013 financial year correspond to the
sales published by the Group less the contribution of Somfy Participations'
fully-consolidated subsidiaries (Sirem and Zurflüh-Feller) for the same 2013
financial year.
(2) Changes on a like-for-like basis correspond to movements in sales based on
unchanged consolidated scope and foreign exchange rates between the 2013 and
2014 financial years.
(3) Africa and the Middle East sales are included in Southern Europe.

Conversely, a slowdown was recorded in France (down 0.7% on a like-for-like
basis for the first nine months), due to a sluggish economic situation and a
weak property sector, and in the Americas (up 0.5% on a like-for-like basis), as
a result of a high comparison basis and the deterioration in the Brazilian
market.

. The sales of companies included in the Somfy Participations portfolio showed
mixed trends. Growth rates of varying significance were posted by Pellenc,
Gaviota-Simbac and Sofilab (up 21.8%, 10.0% and 0.6% respectively, on a
like-for-like basis, for the first nine months). Slight declines were registered
by Sirem, CIAT and Zurflüh-Feller (down 0.1%, 0.4% and 1.4% respectively on a
like-for-like basis).

Other information

The implementation of the strategy and action plans intended to increase the
Group's efficiency and competitiveness continued during the quarter just ended.
Similarly, financial equilibrium has been maintained over the period (net
financial surplus(4)).

Other highlights of the third quarter include the offer submitted by United
Technologies Corporation to the Group in July for the acquisition of its equity
investment in CIAT(5) and the agreement signed in September with Roger Pellenc
and his partners for the acquisition of the bare ownership of their shares in
Pellenc(6).

Both transactions are subject to the usual conditions precedent. They should be
finalised over the next few months provided all necessary authorisations are
granted within the original timeframe.

Corporate profile

The Somfy Group is structured as two separate branches: Somfy Activities, which
is dedicated to the automation and control of openings and closures in
residential and commercial buildings, and Somfy Participations, which is
dedicated to investments and equity shareholdings in industrial companies
operating in other business sectors.

The two branches operate in accordance with different business models and are
already independent from each other. Their split into separate listed companies
will provide greater visibility to their respective activities and improve the
readability and analysis of their financial statements. It will also give
shareholders the opportunity to invest in their activities of choice.

Contacts

Somfy: Pierre Ribeiro (Chief Financial Officer): +33 4 50 40 48 49 /
Jean-Michel Jaud (Communication Director): +33 4 50 96 70 65 /
François-Xavier Dupont: +33 1 44 50 58 74

Shareholders' agenda

Publication of full-year sales: 28 January 2015          www.somfyfinance.com

(4) The net financial surplus is the difference between cash and cash
equivalents and financial liabilities.
(5) Somfy Participations' equity investment represents 46.1% of CIAT's capital.
(6) Roger Pellenc and his partners' equity investment represents 51.4% of
Pellenc's capital.

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