NATUREX : +10.2% in revenue growth at end-September 2009

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In ¤ million 2008 2009 Change Change in constant currencies
First quarter 24.0 27.5 + 14.8 % + 5.2 %
Second quarter 24.1 26.9 + 11.3 % + 2.2 %
Third quarter 22.0 22.9 + 3.9 % - 1.4 %
9 months 70.1 77.3 + 10.2 % + 2.1 %
Average US dollar exchange rate 1.5283 1.3594    

Avignon - October 20, 2009 - Revenues for Naturex amounted to ¤ 77.3 million at the end of September 2009, up 10.2% on the same period one year earlier. In constant currencies, Group invoicing increased 2.1%. Strong, sustained demand for natural products enabled the group to successfully offset a high basis for comparison (proforma growth of +12.6% in constant currencies at the end of September 2008) and a persistently sluggish macroeconomic climate.

Over the nine months, the group's Nutrition & Health business accounted for 64.1% of revenues, Food & Beverage for 29.8% and Personal Care for 1.4%. Broken down by geographical region, North America accounted for 61.1% of revenues, the European Union for 30.1% and Asia / Pacific for 3.0%.

Outlook
Based on figures to date, for 2009 as a whole and like-for-like, Naturex anticipates a slight increase in its annual revenues in constant currencies and a substantial improvement in its operating margin.

Moreover, on September 30, it signed the final agreement governing the integration of the Ingredients division of Natraceutical Group. Today, Naturex is actively working towards finalizing the acquisition, which will be submitted for the approval of its Extraordinary General Meeting to be held at the end of December.

Naturex will publish its yearly revenues for 2009 on January 29.

NATUREX has been listed on segment C of Euronext Paris since October 1996.
ISIN Code: FR0000054694 - Reuters: NATU.LN Bloomberg: NTRX:FP

Naturex contacts: Actus contacts:
Jacques Dikansky
President and CEO
Tel.: +33 (0)4 90 23 96 89
naturex@naturex.com

Thierry Lambert
Vice-President and CFO
Tel.: +33 (0)4 90 23 96 89
t.lambert@naturex.com
Laurence Marquézy
Investor Relations
Tel.: + 33 (0)1 72 74 82 23
lmarquezy@actus.fr

Anne Catherine Bonjour
Press Relations
Tel.: + 33 (0)1 53 67 36 93
acbonjour@actus.fr

Quarterly figures as at September 30, 2009

Revenues Q1 2008 Q2 2008 Q3 2008 Q1 2009 Q2 2009 Q3 2009
European Union 8.5 8.4 7.7 8.3 8.6 6.4
Asia/Pacific 0.8 1.1 0.8 0.7 0.8 0.8
North America 13.6 13.4 12.3 16.8 16.0 14.4
Rest of the world 1.0 1.3 1.2 1.7 1.5 1.3
TOTAL 24.0 24.2 22.0 27.5 26.9 22.9

Revenues Q1 2008 Q2 2008 Q3 2008 Q1 2009 Q2 2009 Q3 2009
Food & Beverage 8.1 8.4 7.0 7.9 7.9 7.2
Nutrition & Health 14.6 14.7 14.1 17.8 17.6 14.2
Personal Care 0.6 0.4 0.3 0.4 0.3 0.4
Miscellaneous 0.7 0.7 0.6 1.4 1.2 1.1
TOTAL 24.0 24.2 22.0 27.5 26.9 22.9

Pre-audit figures in ¤ million

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