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Chargeurs — AGM Information 2010
May 7, 2010
1197_iss_2010-05-07_e4886731-5c64-44c7-b4a4-d6d4c47694bb.pdf
AGM Information
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PRESS RELEASE
Annual General Meeting
The Annual Meeting of Chargeurs shareholders approved the 2009 financial statements.
Salim Meir Ibrahim, Georges Ralli and Jérôme Seydoux were re-elected as Directors.
Chairman Eduardo Malone commented on business developments.
First quarter 2010 consolidated revenue was 9% higher than in the same period last year. Revenue at Chargeurs Protective Films rose by a strong 27.3% compared with first-quarter 2009, mainly due to growth in volumes.
The three businesses confirmed their return to profit at the operating level, together generating consolidated operating profit of €6.6 million for the quarter compared with a loss of €5.1 million for the year-earlier period.
In light of first-quarter 2010 results, the full-year target is to generate revenue of around €450 million and operating profit of €16 million.
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May 7, 2010
Corporate Communications – +33 (0)1 71 72 31 65 www.chargeurs.fr