2016 half-year results

(Audited data)

The Board of Directors of BOIRON, at its meeting of September 8, 2016, made up the half-year statutory and consolidated financial statements.

in thousands of euros
2015
2016
Variation

2016/2015

Sales ⁽¹⁾
275,573
284,304
+3.2% ⁽²⁾

Operating income
37,819
43,390
+14.7%

Net income - group share
21,451
26,458
+23.3%

Cash flow ⁽³⁾
48,726
54,483
+11.8%

Net investments
13,532
14,823
+9.5%

Net cash position
145,534
188,428
+29.5%

⁽¹⁾ The main information on the variation of the half-yearly sales were the subject of a financial statement on July 19, 2016 (http://www.boironfinance.com/Shareholders-and-investors-area/Financial-information/Regulated-information/Financial-statements).

⁽²⁾ +4.8% at constant exchange rate (as defined in the half-year report).

⁽³⁾ Before investment income, financing expenses and tax.

The operating income at June 30, 2016 increased by 14.7% in comparison to the first half-year of 2015, due to higher revenues and cost control.

The increase of the cash position at June 30, 2016 is of +29.5%.

Our Company still continues with the same determination the development of homeopathy in the world.

The half-year accounts were subjected to a limited review by statutory auditors. The half-year report including information on activities and results of the first half-year and the 2016 outlook was published in line with the provisions of Article 221-3 of the French Financial Market Authority [AMF]. It is available on the company's website (http://www.boironfinance.com/Shareholders-and-investors-area/Financial-information/Regulated-information/Annual-and-half-year-reports).

Our next update:

October 20, 2016: at market close, publication of quarterly sales and financial information as of September 30, 2016.

Person responsible for financial information: Christian Boiron

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.boironfinance.com