Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Chargeurs Earnings Release 2010

Jan 21, 2011

1197_iss_2011-01-21_c8c1e4c4-da33-4ba8-8afd-cf898f3720cc.pdf

Earnings Release

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

2010 revenue up 13.6% Sustained demand throughout the year

Revenue Fourth quarter Twelve months
(in € millions) 2010 2009* 2010 2009*
Chargeurs Protective Films 43.3 40.8 177.0 142.3
Chargeurs Interlining 48.6 42.2 185.9 165.7
Chargeurs Wool 37.5 34.5 150.2 143.6
TOTAL 129.4 117.5 513.1 451.6

* Excluding discontinued operations.

Consolidated revenue rose 13.6% to €513.1 million in 2010.

The robust growth over the year at Chargeurs Protective Films (up 24.4%) and Chargeurs Interlining (up 12.2%) was led by an increase in volumes, higher prices and a favorable currency effect. Chargeurs Wool reported growth of 4.6%, as significantly higher prices offset a decline in sales volumes.

Based on the information currently available, consolidated revenue amounted to €513.1 million in 2010 and operating income is expected to reach €20 million.

January 21, 2011

__________________________________________________________________________________________ Corporate Communication Phone: +33 (0)1 71 72 31 65

Investor Calendar 2011
2010 Revenue January 21
2010 Results March 11
Annual Shareholders' Meeting May 5
Financial Information - First Quarter 2011 May 6
2011 Interim Financial Results August 26
Financial Information - Third Quarter 2011 November 15