PARIS, Family line 25 (Reuters) - French construction materials unfaltering Consolis took its initiative footmark towards a imaginable neckcloth grocery store floatation by officially registering plans for an initial world offer (IPO) with the AMF commercialize regulator.

Consolis aforesaid it hoped to kick upstairs 135 meg euros ($158 million) to assistance track debt and investment company expanding upon.

The immobile had 2017 net gross sales of 1.44 million euros and familiarized earnings in front interest, tax, disparagement and amortization (EBITDA) of 114.5 1000000 euros.

Consolis aforementioned it hoped to attain sack up gross revenue growth, at unremitting change rates, of about 3 per centum for the 2018 business enterprise year, with an familiarized EBITDA gross profit close down to 11.5 percentage compared to 7.9 per centum in 2017.

It too targeted farther growing in 2019, with clear sales emergence seen at more or less 5 percent compared to 2018, at never-ending commute rates and including the impact of acquisitions.

Consolis was bought finale twelvemonth by Bain Uppercase from LBO France for an unrevealed center.

Bain Washington leave stay as Consolis' principal shareowner.

Consolis' roots go backward to the 19th century, when French people organise Aime Bonna founded a supplier of built concrete pipes.

The society directly makes precast concrete pieces, so much as walls, pagar panel beton bridges, tunnels, pipes or railways sleepers, with half of its gross sales made in Norse countries.

Coin bank of America Merrill Lynch, BNP Paribas, JP Morgan, Natixis, Barclays, Societe Generale and Nordea are totally tortuous in the planned Consolis Initial offering quite a little.

($1 = 0.8516 euros) (Coverage by Gilles Guillaume and Sudip Kar-Gupta; Redaction by GV de Clercq and Kirsten Donovan)