Arseus realises turnover growth of 8.3%
(Thomson Reuters ONE) - MANAGEMENT CONFIRMS OUTLOOK FOR 2009Waregem (Belgium), 13 October 2009 - Arseus today announces turnoverof ?87.3 million for the third quarter of 2009, up 8.3% on the samequarter last year, with organic growth of 4.0%. Turnover for thefirst nine months totalled ?277.4 million, an increase of 10.5%compared with the same period last year. Organic growth for the firstnine months of 2009 turned out at 4.0%.Ger van Jeveren, CEO of Arseus: 'We are very pleased with thedevelopments in the third quarter, sustaining our strong turnovergrowth. All divisions contributed to the 8.3% turnover growth, ofwhich 4.0% was organic. We have also invested considerably in theprevious quarters in strengthening our management structure. With theappointment of Sabine Sagaert as CEO of Arseus Dental, each divisionnow has its own dedicated CEO. We believe the strengthened managementstructure will further optimise synergies between the divisions andmake a positive contribution to Arseus' results.With our unique combination of activities in the professionalhealthcare sector, our strong market positions and our healthyfinancial situation, we are ideally positioned to proceed with thefurther implementation of our strategy. We are confident about thefuture and we confirm our earlier full-year outlook for 2009.'The evolution of turnover by division is as follows[1]:+-----------------------------------------------------------------+| (? million) | Q3 2009 | Q3 2008 | evolution | organic growth ||----------------+---------+---------+-----------+----------------|| Fagron | 34.2 | 31.2 | 9.6% | 8.7% ||----------------+---------+---------+-----------+----------------|| Arseus Dental | 34.8 | 32.4 | 7.4% | 0.4% ||----------------+---------+---------+-----------+----------------|| Arseus Medical | 11.8 | 10.8 | 9.3% | 3.1% ||----------------+---------+---------+-----------+----------------|| Corilus | 6.5 | 6.2 | 4.8% | 1.6% ||----------------+---------+---------+-----------+----------------|| TOTAL | 87.3 | 80.6 | 8.3% | 4.0% |+-----------------------------------------------------------------++-----------------------------------------------------------------+| (? million) | 9M 2009 | 9M 2008 | evolution | organic growth ||----------------+---------+---------+-----------+----------------|| Fagron | 107.6 | 97.8 | 10.0% | 5.2% ||----------------+---------+---------+-----------+----------------|| Arseus Dental | 114.3 | 101.2 | 12.9% | 2.8% ||----------------+---------+---------+-----------+----------------|| Arseus Medical | 34.9 | 33.1 | 5.4% | 3.4% ||----------------+---------+---------+-----------+----------------|| Corilus | 20.6 | 18.9 | 9.0% | 5.1% ||----------------+---------+---------+-----------+----------------|| TOTAL | 277.4 | 251.0 | 10.5% | 4.0% |+-----------------------------------------------------------------+[1] Unaudited management figures.Please open the link below for the full press release:http://hugin.info/138311/R/1347077/323775.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 13.10.2009 - 07:30 Uhr
Sprache: Deutsch
News-ID 6824
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