and further investment
I have identified three noteworthy points in this past year. First, our sales exceeded the €20-billion mark, reaching €20.2 billion. That’s €3 billion more than in 2014.”
Our strong growth for the year can be analyzed as follows. The acquisitions we made in 2014 and 2015 accounted for 45% of the total, exchange rates for another 43% and autonomous growth for the remaining 12%.
Second, the geographic balance in our sales shifted this past year as a result of our global strategy. 2015 was the first year in which we made over half of our sales outside of Europe.
Key figures 2015
- 20.2 billion euros of sales
- +17.7% versus 2014
- 19 Acquisitions in 2015
Third, we pressed ahead with our vigorous acquisition policy. Nineteen entities joined our Group this past year. That was a major investment for us, but Sonepar’s cash flow was still amply sufficient to finance the distribution of dividends and a larger sales effort, while keeping us well below our security ratios.
In 2016, we will move forward with integration of the entities we acquired in the last two years. At the same time, Sonepar will be focusing on operational excellence and e-commerce, and maintaining our ambitious investment policy.
Sales in billion of euros
Debt and lines of credit
Sales by region / Sales growth by origin
Simplified balance sheet