BOIRON : 2014 half-year results

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2014 HALF-YEAR RESULTS
(Audited data)

 

in thousands of euros 2013 2014 Variation
Sales 275,784 261,616 -5.1%
Operating income 43,005 35,500 -17.5%
Net Income - Group share 25,724 19,905 -22.6%
       
Cash Flow 59,853 40,453 -32.4%
Net investments 8,564 13,210 +54.3%
Net cash position 105,250 139,959 +33.0%

 

Profitability of the first half-year of 2014 is impacted by the decrease of the gross margin due to the decrease of sales against the first half year of 2013 during which business reached an exceptional level.
Considering also the uncertainty of seasonal illnesses in the second half-year period, the group is still cautious regarding its 2014 outlook.

 

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 2014 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 www.boiron.com (http://www.boiron.com/en/Shareholders-and-investors-area/Financial-information/Regulated-information/Financial-reports).

 

 

Our next update:
October 23, 2014: at market close, publication of quarterly sales and financial information as of September 30, 2014.
Person responsible for financial information: Christian Boiron
Contact for financial information: Véronique Bouscayrol
Investor relations: +33 (0)4.78.45.63.43 -email: finances@boiron.fr
ISIN Code: FR0000061129 (BOI) - Bloomberg: BOI FP - Reuters: BOIR.PA
The group's financial information is online at: www.boiron.com


Information réglementée
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