Sophiane - 1998 annual report - Vinci

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48 Financial picture of the <strong>Sophiane</strong> Group Comments on the Sub-Groups Tunzini With a volume of business comparable to that of the previous year – 139 million euros compared to 147 million euros –, Tunzini maintained a high level of performance with a Group share of net income of 6.2 million euros, that is, 4.4% of net sales. In 1997, Tunzini posted income of 5.3 million euros, which was augmented by exceptional income of 12.2 million euros, reflecting the sale of an equity holding. Nickel In an unfavourable economic environment, especially in the tertiary building sector in Germany, Nickel stood its ground with a business volume of 108 million euros (102 million euros on a like-to-like consolidation basis) against 99 million euros in 1997, and a net income of 0.8 million euros against 0.6 million euros in 1997. The fiscal year was marked by work on the prestigious construction site at the Reichstag, inaugurated on April 19, 1999. Wanner The traditional markets of Industrial and Nuclear Insulation in France were weak once again, as reflected in the net sales down-turn to 89 million euros, against 93 million euros in 1997. The bottom line, at -0.6 million euros, was also adversely affected. In 1997 it had been just positive at 0.2 million euros. In the course of the year, Wanner carried out a first equipment dismantling operation at the nuclear power plant in Chinon. G+H MONTAGE The G+H MONTAGE Group, which had a large deficit in 1997, took advantage of rationalisation measures launched during the previous year and continued into <strong>1998</strong>, especially in the Construction line of business. Thanks to the new senior management and the good reactivity of staff members and sales representatives, the financial recovery was faster than expected. With net sales down by a slight 3% to 625 million euros, against 642 million euros in 1997, the G+H MONTAGE Group posted a bottom line close to the black, at -1.4 million euros, compared with a loss of 63 million euros in 1997.
Addresses of the main companies SOPHIANE INSULATION G+H MONTAGE Energie- und Umweltschutz Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 Isolierungen Leipzig Hohmann – Straße 7C D – 04129 Leipzig Tel: + 49 341 5660 300 Fax: + 49 341 5660 500 Felix Schuh Wilhelm-Beckmann – Straße 6 D – 45307 Essen-Kray Tel: + 49 201 1896 112 Fax: + 49 201 1896 158 Wanner Industrie 41, rue des Trois Fontanot F – 92024 Nanterre Cedex Tel: + 33 1 41 37 87 00 Fax: + 33 1 41 37 87 87 Wannitube 10-12, rue des Grahuches Z.I. des Vauguillettes F – 89100 Sens Tel: + 33 3 86 83 12 00 Fax: + 33 3 86 83 12 01 G+H MONTAGE Schiffsausbau Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 G+H MONTAGE Schallschutz Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 33 49 621 502 0 Fax: + 33 49 621 502 326 G+H MONTAGE Isolite Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 SOPHIANE ENERGY AND CLIMATE CONTROL Tunzini Industrie 41, rue des Trois Fontanot F – 92024 Nanterre Cedex Tel: + 33 1 41 37 87 00 Fax: + 33 1 41 37 87 87 Heinrich Nickel Siegstraße 28-34 D – 57518 Betzdorf Tel: + 49 27 41 282 0 Fax: + 49 27 41 46 31 SOPHIANE FIRE PROTECTION Tunzini Protection Incendie 18, Esplanade de la Gare F – 95110 Sannois Tel: + 33 1 39 98 58 00 Fax: + 33 1 39 98 58 99 Nickel Brandschutz Großkopfstraße 6-7 D – 13403 Berlin Tel: +49 30 49 89 910 Fax: + 49 30 49 52 671 Calanbau Wenderter Straße 12 D – 31157 Sarstedt Tel: + 49 50 66 8 08 0 Fax: + 49 50 66 8 08 549 SOPHIANE CONSTRUCTION G+H MONTAGE Fassadentechnik Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 G+H MONTAGE Innenausbau Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 G+H MONTAGE Kühllagertechnik Bürgermeister – Grünzweig – Straße 1 D – 67059 Ludwigshafen Tel: + 49 621 502 0 Fax: + 49 621 502 326 Design and production: SIDÉRAL / EDICTUEL, Paris – May 1999 • Photography credits: Ullstein Bilderdienst, Francis Vigouroux, Jean-Pierre Bolle, Jean-Louis Penel, EDF, Tunzini, Nickel, G+H MONTAGE, Wanner and X. • Printed in France
Page 1 and 2: A n n u a l R e p o r t 1 9 9 8
Page 3 and 4: Contents Équipe de Direction 2 Pre
Page 5 and 6: By joining its lines of business in
Page 7 and 8: Establishments around the world Ger
Page 9: Façades Curtain walls in metal, gl
Page 12 and 13: 10 Industrial thermal insulation Th
Page 14 and 15: 12 Nuclear thermal insulation This
Page 16 and 17: 14 Noise control In the sound insul
Page 18 and 19: 16 Ship outfitting With its ship ou
Page 20 and 21: 18 Pre-insulated pipes Sophiane is
Page 23 and 24: Jean-Claude RAYMOND Patrick O’KAN
Page 25 and 26: Climate control installations for T
Page 27: The pharmaceutical sector, one of t
Page 30 and 31: 28 Active fire protection Active fi
Page 32 and 33: 30 Passive fire protection Passive
Page 35 and 36: Breakdown of net sales by line of b
Page 37 and 38: Installation of roofing on the soca
Page 39 and 40: Interior outfitting of a meat proce
Page 41 and 42: Interior fixtures at Frankfurt airp
Page 43 and 44: In thousands of French francs In th
Page 45 and 46: In thousands of euros 1998 1997 Net
Page 47 and 48: ASSETS In thousands of euros 1998 1
Page 49: In thousands of euros 1998 1997 OPE

Sophiane - 1998 annual report - Vinci

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