Earnings release
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PRESS RELEASE PRISMAFLEX LED BILLBOARDS STREET FURNITURE AND OOH INTERNATIONAL POINT OF SALES & PRINT Lyon , July 22 , 2021 Significant growth in Q1 2021-2022 total sales : € 11.4 million ( + 44 % on a like - for - like basis ) Significant points : Strong rebound in Print activity ( + 84 % ) bringing it almost up to a pre - Covid - 19 level . Home Decor activity also confirms its positive momentum , first noted at the beginning of 2020 . ➡ Hardware activity is down slightly ( -6 % proforma ) , due to a lack of major sales of LED displays during the period . A contract for Germany worth € 3 million has been signed in Q2 . Order backlog on June 30 , 2021 at € 11.9 million is up slightly on March 31 , 2021 and € 2.3 million higher than on June 30 , 2020 . Q1 consolidated sales Non audited In € Million Print activity - Q1 : April 1 June 30 , 2021 3 months 2021-2022 3 months 2020-2021 Var ЄM % 8.09 4.39 +3.70 + 84.3 % Hardware activity 3.27 3.48 -0.21 -6.0 % Comparable Q1 total sales 11.36 7.87 +3.49 + 44.3 % Total sales Anthem Displays ( Hard ) 0.37 Published Q1 total sales 11.36 8.24 Total constant currencies 11.21 8.24 +3.12 +2.97 + 37.8 % + 36.0 % The foreign exchange impact is mainly due to variations of the South African Rand and the Canadian Dollar . To facilitate comparability , the Group presents a proforma total revenue for 2020-2021 , excluding the contribution from its American subsidiary Anthem Displays that , as of December 23 , 2020 when the Group sold off part of its stake in the entity , is no longer fully integrated but instead consolidated on an equity basis . In Q1 2021-2022 , Prismaflex International recorded strong growth in total sales , up + 37.8 % at € 11.4 million ( + 44.3 % on a like - for - like basis ) . In line with the Group's expectations , the performance is due in part to a favourable comparative base , as seen by the strong rebound in Print activity after being hard hit by the restrictive measures deployed during the health crisis in April and May 2020 . Print activity stands at € 8.1 million , up + 84.3 % . Although Printing activity is still affected by the on - going health crisis , the printing activity sales without Home Décor are increasing month after month , moving towards pre - Covid - 19 levels . The growth dynamic noted for Home Decor during the previous financial year continues with total sales standing at € 1.5 million , up + 57 % , thanks notably to increased orders from a key business customer specialising in home improvement . 1/2