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Chargeurs Earnings Release 2011

May 6, 2011

1197_10-q_2011-05-06_093aa346-6185-4190-94ae-c0e31b4613db.pdf

Earnings Release

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Financial Information – First Quarter 2011

First quarter business and revenue

Consolidated revenue

(in € millions)	First quarter
	2011	2010
Chargeurs Protective Films	46.2	41.0
Chargeurs Interlining	46.6	41.2
Chargeurs Wool	47.8	40.5
Total	140.6	122.7

First quarter 2011 consolidated revenue was up 14.6% on the prior-year period. Most of the gain (10.8%) came from the price effect, reflecting the Group's ability to pass along the sharp increase in raw materials costs.

First-half net profit is expected to reflect the very good operating performance, despite the increase in costs related to the financial restructuring carried out in first-half 2010.

Investor Calendar	2011
2011 Interim Financial Results	August 26
Financial Information - Third Quarter 2011	November 15

May 6, 2011

Corporate Communications Phone: +33 (0)1 71 72 31 65 - www.chargeurs.fr