Q1 2008 revenues: +22.1% at constant USD rates

04/29/2008

Sustained buoyant growth

 

In EUR millions 2007 2008 Change at current USD rates Change at constant USD rates
Q1 (Jan - March) 21.1 24.0 + 13.1% + 22.1%

 Naturex posted revenues of EUR 24.0 million for the first three months of 2008, representing growth of 22.1% at constant USD rates and 13.1% at current USD rates.

Following the integration of HP Botanicals, Chart Corporation and the innovative active ingredients division of Berkem over 3 months in 2007 and in 2008, organic growth stood at 7.3% at constant USD rates.

Naturex has confirmed its 2008 targets of double-digit organic growth in constant dollars and of improved profitability with an operating margin of 11%. The integration of its two latest acquisitions is going extremely well.

Naturex will publish its revenue figures for the first half of 2008 in mid-July.

 

Your contacts

NATUREX
 Jacques Dikansky – President and CEO
 Phone. : +33 4 90 23 96 89
 j.dikansky@naturex.com
ACTUS
 Coralie Vogt – Financial PR
 Phone : +33 1 53 67 35 79
 cvogt@actus.fr

 NATUREX has been listed since October 1996
 Eurolist by Euronext Paris, segment B - ISIN: FR0000054694
 Reuters NATU.LN - Bloomberg NTRX:FP

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