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
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