2013 half-year results
(Audited data)
(in thousands of Euros)
2012
Published
2012
Restated(1)
2013
Variation
2013/2012
Restated
Sales
241,518
241,518
275,784
+14.2%
Operating income
15,179
17,397
43,005
+147.2%
Net Income - Group share
9,246
9,573
25,724
+168.7%
Cash Flow
26,168
26,168
59,853
+128.7%
Tangible and Intangible Net Gross investments
10,943
10,943
8,564
-21.7%
Net cash position
76,172
76,172
105,250
+38.2%
(1) Following application of IAS 19 revised related to post-employment benefits.
· Profitability in the first half-year period improved significantly through:
the increase in sales, in particular due to the high incidence of the strong pathology in the 1st quarter;
the managed control of operating expenses;
cost savings generated by the reorganizations in Italy, Belgium and Switzerland in 2012.
Operating income was however impacted by restructuring costs of €6,072 thousand in Spain and Belgium.
· The highlights of the second quarter of 2013 were mentioned in the financial notice dated July 12, 2013 related to first half-year sales.
· Given its first half-year performance, Boiron confirms its target of further increases in sales and profitability in 2013.
The accounts were subjected to a limited review of statutory auditors. The half-year report, including information on activities and results of the first half-year and the 2013 outlook, was published in line with the provisions of Article 221-3 of the French Securities and Exchange Commission Regulations [AMF]. It is available on the Company's website: (http://www.boiron.com/en/Shareholders-and-investors-area/Financial-information/Regulated-information/Financial-reports)
Our next update:
October 24, 2013: at market close, publication of quarterly sales and financial information as of September 30, 2013.
Person responsible for financial information: Philippe MONTANT
Contact for financial information: Véronique BOUSCAYROL
Investor relations: +33 (0)4.78.45.63.43 -email: finances@boiron.fr
ISIN Code: FR0000061129 (BOI) - Bloomberg: BOI FP - Reuters: BOIR.PA
The group's financial information is online at: www.boiron.com
Communiqués au titre de l'obligation d'information permanente :
- Communiqué sur comptes, résultats, chiffres d'affaires
- Modalités de mise à disposition du rapport financier semestriel
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-33201-cp_boiron-290813.pdf
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