Earnings release
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PRESS RELEASE Paris , 15 November 2021 - 5.45 p.m. Touax® YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION • • Growth in business activity at end - September 2021 Restated revenue from activities of € 82.7 million in the first nine months of the year , up € 2 million ( + 2.5 % ) Favourable outlook on profitability Growth in investments to create sustainable value The Group's performance remains positive against a backdrop of economic recovery worldwide . Total restated revenue from activities at the end of the third quarter amounted to € 82.7 million ( € 84.6 million at constant scope and currency¹ ) , compared with € 80.7 million in the same period in 2020 , for an increase of € 2 million ( + 2.5 % ) . ANALYSIS OF REVENUE FROM ACTIVITIES AT END - SEPTEMBER 2021 The restated presentation of revenue from activities is as follows : Restated Revenue from activities ( in € thousand ) Q1 2021 Q2 2021 Q3 TOTAL 2021 2021 Q1 2020 Q2 2020 Q3 TOTAL 2020 2020 Leasing revenue on owned equipment Ancillary services Total leasing activity Sales of owned equipment Total sales of equipment 8,328 13,229 13,633 14,479 41,341 2,745 3,747 5,530 12,022 15,974 17,380 20,009 53,363 7,085 7,085 13,426 13,336 3,044 2,997 16,470 13,011 39,773 3,838 9,879 16,333 16,849 49,652 Total of owned activity 23,059 8,328 9,132 24,545 9,132 24,545 25,708 29,141 77,908 22,342 5,872 7,216 10,917 24,005 5,872 7,216 10,917 24,005 23,549 27,766 73,657 Syndication fees 17 946 48 1,011 232 231 13 476 Management fees ( a ) 897 891 894 2,682 937 919 898 2,754 Sales fees 591 358 181 1,130 2,128 882 793 3,803 Total of management activity 1,505 2,195 1,123 4,823 3,297 2,032 1,704 7,033 Other capital gains on disposals 0 6 0 6 15 0 0 15 Total Others 0 6 0 6 15 0 0 15 Total Restated Revenue from activities 24,564 27,909 30,264 82,737 25,654 25,581 29,470 80,705 ( a ) The " Leasing revenue from investor - owned equipment " line is replaced by " Management fees " . Note : New segmentation of revenue from activities between owned activities and management activities . To enable a more detailed and more accurate reading of its activities , the Group has adjusted its key indicators : Revenue from activities is restated in order to present owned activities separately from management activities . For management activities , leasing revenue from investor - owned equipment is replaced by management fees , which correspond to the net contribution of the leasing management activity to the Group's performance . This presentation directly shows syndication fees , management fees and sales fees . 1 Based on a comparable structure and average exchange rates at 30 September 2020 .