PARIS, Kinsfolk 25 (Reuters) - European country construction materials unwaveringly Consolis took its first of all dance step towards a conceivable stock securities industry flotation by officially registering plans for an initial populace offering (IPO) with the AMF market regulator.

Consolis said it hoped to rear 135 jillion euros ($158 million) to serve cutting off debt and stock enlargement.

The unwaveringly had 2017 sack gross sales of 1.44 1000000000 euros and familiarized salary before interest, tax, wear and tear and amortization (EBITDA) of 114.5 jillion euros.

Consolis aforementioned it hoped to attain meshwork gross revenue growth, at incessant interchange rates, of close to 3 per centum for the 2018 financial year, with an adjusted EBITDA perimeter closing to 11.5 percent compared to 7.9 pct in 2017.

It likewise targeted further growth in 2019, with mesh sales development seen at approximately 5 percentage compared to 2018, at incessant telephone exchange rates and including the affect of acquisitions.

Consolis was bought final class by Bain Uppercase from LBO France for an undisclosed nub.

Bain Majuscule bequeath remain as Consolis' chief shareholder.

Consolis' roots go vertebral column to the 19th century, when French applied scientist Aime Bonna based a provider of reinforced concrete pipes.

The ship's company forthwith makes precast concrete pieces, box culvert such as walls, bridges, tunnels, pipes or railways sleepers, with half of its sales made in Norse countries.

Bank building of U.S. Merrill Lynch, BNP Paribas, JP Morgan, Natixis, Barclays, Societe Generale and Nordea are wholly tangled in the aforethought Consolis IPO treat.

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