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Chargeurs — Earnings Release 2010
Jan 21, 2011
1197_iss_2011-01-21_c8c1e4c4-da33-4ba8-8afd-cf898f3720cc.pdf
Earnings Release
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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 |