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ACTIVITY IN 2011



ACTIVITY IN 2011

(Unaudited data)



  • CUMULATIVE ACTIVITY AS OF THE END OF DECEMBER 2011


















































thousands of euros 2010 2011 Variation at

current

exchange rates
Variation at

constant

exchange rates
France 279,052 292,181 +4.7% +4.7%
International : 241,334 231,034 -4.3% -3.5%
Incl. Europe excluding France 193,102 185,014 -4.2% -4.0%
Incl. North America 41,819 38,416 -8.1% -4.8%
Incl. Other countries 6,413 7,604 +18.6% +18.5%
Group Total 520,386 523,215 +0.5% +0.9%

 





































thousands of euros 2010 2011 Variation at

current

exchange rates
Variation at

constant

exchange rates
Non-proprietary Homeopathic Medicines 267,460 265,636 -0.7% -0.5%
OTC Specialties 251,985 257,748 +2.3% +2.9%
Other 0,941 -0,169 -118.0% -121.2%
Group Total 520,386 523,215 +0.5% +0.9%

 



  • QUARTERLY ACTIVITY IN 2011 (variation at current rate)

































































































































































































































  1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
thousands of euros 2010 2011 Var. 2010 2011 Var. 2010 2011 Var. 2010 2011 Var.
France 66,313 70,466 +6.3% 60,043 59,744 -0.5% 75,679 79,943 +5.6% 77,017 82,028 +6.5%
                         
International : 55,047 58,478 +6.2% 40,129 37,128 -7.5% 71,139 67,885 -4.6% 75,019 67,543 -10.0%
Incl. Europe excluding France 44,854 47,024 +4.8% 31,223 28,880 -7.5% 58,806 55,013 -6.5% 58,219 54,097 -7.1%
Incl. North America 7,976 9,566 +19.9% 7,732 6,113 -20.9% 10,988 11,077 +0.8% 15,123 11,660 -22.9%
Incl. Other countries 2,217 1,888 -14.8% 1,174 2,135 +81.9% 1,345 1,795 +33.5% 1,677 1,786 +6.5%
Group Total 121,360 128,944 +6.3% 100,172 96,872 -3.3% 146,818 147,828 +0.7% 152,036 149,571 -1.6%
                         
  1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
thousands of euros 2010 2011 Var. 2010 2011 Var. 2010 2011 Var. 2010 2011 Var.
Non-proprietary Homeopathic Medicines 67,467 69,371 +2.8% 64,246 62,414 -2.9% 64,979 63,246 -2.7% 70,768 70,605 -0.2%
OTC Specialties 53,683 59,417 +10.7% 35,744 34,499 -3.5% 81,711 84,645 +3.6% 80,847 79,187 -2.1%
Other 0,210 0,156 -25.7% 0,182 -0,041 -122.5% 0,128 -0,063 -149.2% 0,421 -0,221 -152.5%
Group Total 121,360 128,944 +6.3% 100,172 96,872 -3.3% 146,818 147,828 +0.7% 152,036 149,571 -1.6%

FOURTH QUARTER HIGHLIGHTS



  • On December 2, 2011, the French Supreme Court of Final Appeal definitively ended litigation related to the legality of the Additional Tax on Direct Sales opposing Boiron against the French Social Security Agency (URSSAF). The amount received by BOIRON in 2010 of €12,956 thousand has thereby been finalized as permanently acquired.

  • On December 29, 2011, a ministerial ordinance which modified the schedule of “authorized margins for pharmaceutical wholesalers” was published in the Official Journal, effective as of January 1, 2012. The new schedule permits price increases on several reimbursable medicines for the first time in 23 years. 

  • Business activity in the fourth quarter decreased as compared to the fourth quarter of 2010:

    • Sales revenue in France increased by 6.5% thanks to the main specialties.

    • Sales decreased primarily in the USA, Poland and Russia.


The decision related to the Additional Tax on Direct Sales and favourable fourth quarter performance in France limited the decrease in full year profitability announced on October 20, 2011.


 


Next update: March 14th 2012, after the close of the stock market, publication of 2011 results.

Financial information manager: Philippe MONTANT

Contact for financial information: Véronique BOUSCAYROL

Investor relations: +33 (0) 4.78.45.63.43 - e-mail: [email protected]

ISIN Code: FR0000061129 (BOI)  -  Bloomberg: BOI FP  -  Reuters: BOIR.PA

The group's financial information is online at :
www.boiron.com


Information réglementée
Communiqués au titre de l'obligation d'information permanente :

- Communiqué sur comptes, résultats, chiffres d'affaires

Communiqué intégral et original au format PDF :


http://www.actusnews.com/documents_communiques/ACTUS-0-26509-cp-boiron-260112.pdf

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