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: [email protected]
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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