Earnings Release • Oct 23, 2008
Earnings Release
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| In €M | 2007 | 2008 | Change in value |
|---|---|---|---|
| Q1 T/O | 11.92 | 16.56 | 38.9 % |
| Q2 T/O | 14.19 | 19.88 | 40.1 % |
| Q3 T/O | 15.66 | 20.75 | 32.5 % |
| Total Sales for 9 months | 41.77 | 57.19 | 36.9 % |
ORAPI achieved a turnover of €57.19M over the first 9 months of 2008 : +36.9% vs last year. In 9 months only, the Group thereby delivered the same turnover as it did during the whole 2007 fiscal year.
On a like-for-like basis and at constant exchange rates, Q3 remained steady due to a reduced activity over the summer months.
Despite a deteriorating economic and financial environment, this strong growth dynamics reflects both :
Thanks to its leading edge of nanotechnologies, exemplified by the launch of its new generation NANOLUBRICANT ® (registered trademark) range of lubricants, ORAPI is reaping the benefits of its extended reach in the field of R&D.
ORAPI designs, produces, and distributes technical solutions and products for hygiene, maintenance and processing use. ORAPI is listed on compartment C of Euronext Paris under the ISIN code: FR0000075392 - Reuters Code: ORPF.PA – Bloomberg Code: ORAP.FP
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Contacts:
Secretary-General Altedia Finance Henri Biscarrat J.Gacoin/S.Allemand Tel: +33 (0)4 74 40 20 04 Tel: +33 (0)1 44 91 52 49 [email protected] [email protected]
ORAPI Communication Fabienne Chifflot Tel: +33 (0)6 60 36 46 81 [email protected]
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