Arseus turnover up 10.6%>
Arseus turnover up 10.6%
(Thomson Reuters ONE) - ORGANIC TURNOVER GROWTH ACCELERATES TO 6.9% MANAGEMENT CONFIRMS EXPECTATIONS FOR 2009Waregem (Belgium), 14 July 2009 - Arseus today announces turnover of?100.0 million for the second quarter of 2009, up 10.6% on the samequarter last year, with organic growth accelerating to 6.9%. Turnoverfor the first six months totalled ?190.1 million, an increase of11.5% compared with the first half of 2008. Organic growth for thefirst six months of 2009 turned out at 4.0%.Ger van Jeveren, CEO of Arseus: 'Despite the adverse economicconditions, all Arseus divisions contributed to the strong 10.6%total turnover growth and 6.9% organic growth in the second quarterof 2009. Thanks to our unique combination of activities in the healthcare sector, our leading market positions, our strong balance sheet,our flexible organisation and our dedicated staff, who are able torespond swiftly and effectively to the changing market conditions,the economic recession has had little impact on Arseus. We look tothe future with confidence and we can confirm the expectations for2009 that we announced earlier.'Turnover by division[1]:+--------------------------------------------------------------+| (? million) | Q2 2009 | Q2 2008 | change | organic growth ||----------------+---------+---------+--------+----------------|| | | | | ||----------------+---------+---------+--------+----------------|| Fagron | 38.7 | 35.3 | +9.6% | +5.7% ||----------------+---------+---------+--------+----------------|| Arseus Dental | 41.6 | 37.5 | +10.9% | +6.3% ||----------------+---------+---------+--------+----------------|| Arseus Medical | 12.6 | 11.1 | +13.5% | +13.5% ||----------------+---------+---------+--------+----------------|| Corilus | 7.1 | 6.5 | +9.2% | +5.7% ||----------------+---------+---------+--------+----------------|| TOTAL | 100.0 | 90.4 | +10.6% | +6.9% |+--------------------------------------------------------------++--------------------------------------------------------------+| (? million) | H1 2009 | H1 2008 | change | organic growth ||----------------+---------+---------+--------+----------------|| | | | | ||----------------+---------+---------+--------+----------------|| Fagron | 73.3 | 66.6 | +10.1% | +3.6% ||----------------+---------+---------+--------+----------------|| Arseus Dental | 79.6 | 68.7 | +15.9% | +3.9% ||----------------+---------+---------+--------+----------------|| Arseus Medical | 23.1 | 22.4 | +3.1% | +3.1% ||----------------+---------+---------+--------+----------------|| Corilus | 14.1 | 12.8 | +10.2% | +6.8% ||----------------+---------+---------+--------+----------------|| TOTAL | 190.1 | 170.5 | +11.5% | +4.0% |+--------------------------------------------------------------+[1] Unaudited management figuresPlease open the link below for the full press release:http://hugin.info/138311/R/1328599/313290.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 14.07.2009 - 07:30 Uhr
Sprache: Deutsch
News-ID 3520
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