Revenue for H1 2006 up 85.4 % to EUR 34.7 million

07/17/2014
In EUR millions In current dollars In constant dollars
  2005 2006 Change 2005 2006 Change
First quarter 8.3 18.3 +119.6% 8.3 16.9 +102.2%
Second quarter 10.4 16.4 +57.8% 10.4 16.2 +56.1%
First half 18.7 34.7 +85.4% 18.7 33.1 +76.7%
First half on a pro‑forma basis* 31.3 34.7 +10.7% 31.3 33.1 +5.5%
USD exchange rate 1.2970 1.2198   1.2970 1.2970  
* Pro-forma data integrating Pure World as of January 1, 2005.

Since the Group extended its scope with the acquisition of Pure World one year ago, Naturex accelerated its growth with a dramatic increase in revenue of 85.4% (76.7% in constant dollars), in line with its development plan.

This performance takes into account the announced gradual withdrawal of a non‑core and unprofitable product from Pure World, which had a particularly strong impact in the second quarter (USD 2 million).

Given the strong development across all strategic activities, the Group confirmed its growth forecasts for the current year: 10% to 15% organic growth in constant dollars on the 2005 pro‑forma basis.

Naturex successfully increased in its capital by EUR 13 million in June 2006, confirming its plans to acquire another company in the coming months.

About Naturex

Naturex manufactures and markets 100% natural plant extracts for the food, flavour, nutraceuticals and cosmetics industries. Headquartered in Avignon, France, Naturex is an international company generating over 90% of its sales in 30 countries outside France, with 70% of sales on the North American market. Naturex operates manufacturing facilities in France, Morocco and the United States, and a representative office in Singapore.

NATUREX is listed since October 1996 - Eurolist by Euronext Paris - Segment C
ISIN Code: FR0000054694 - Reuters: NATU.LN Bloomberg: NTRX

Your contacts

NATUREX
Jacques Dikansky ? President
Tel.: + 33 (0)4 90 23 96 89 / j.d i kansky@naturex.com


Thierry Lambert ? Vice President
Tel.: +33 (0)4 90 23 96 89 / t.lambert@naturex.com
ACTUS
Agnès Villeret ? Press relations
Tel.: +33 (0)1 53 67 36 39 / avilleret@actus.fr

KAPARCA FINANCE
Laurence Marquézy ? Investor relations
Tel.: +33 (0)1 72 74 82 23 / lmarquezy@kaparcafinance.com
 
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