Despite the traditionally economically quieter northern hemisphere summer months, Nilfisk-Advance has reported a third quarter total revenue of AUD$300.3 million (DKK1,556 million) that reflected an increase in organic growth of 7% compared with Q3 2012. Organic growth for the first nine months of 2013 was 4%.
Total revenue for the first nine months of 2013 was AUD$955.9 million (DKK4,952 million) compared with AUD$935.3 million for the same period in 2012.
Operational earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the first nine months of 2013 was AUD$110 million (DKK568 million) compared with AUD$108.5 million (DKK562 million) for the same period in 2012.
The report noted that in Q3, as part of the strengthened customer focus in recent years, Nilfisk-Advance launched its new Total Care concept. Aimed at contract cleaners, it is designed to help customers optimise their cleaning tasks, equipment fleet, and service contracts. The concept has provisionally been introduced in Germany, the Netherlands, UK, and Denmark and will later be launched in other markets.
In late September the new and innovative high-quality VL500 wet and dry vacuum cleaner (launched in Q2) received the Purus Award for exceptional design at the CMS cleaning exhibition fair in Berlin. The VL500, which in May 2013 also had received the innovation award at the Pulire 2.0 cleaning fair in Italy will be launched in the US and Canada in Q4.
‘A total of 10 new products and product versions were launched in Q3, consisting of four floorcare models, four vacuum cleaners, one high pressure washer and one outdoor unit.
‘Nilfisk-Advance expects to introduce a total of more than 30 new products and product versions in 2013. Around 3% of revenue continues to be invested in product development,’ emphasised the marketer.
The company also announced that Jonas Persson, the new CEO of Nilfisk-Advance, will take up his post on 20 January 2014. Jørgen Jensen will continue as company CEO until end-2013 and will be available to assist Persson for a transitional period.