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Fountain S.A. — Earnings Release 2010
Apr 30, 2010
3953_ir_2010-04-30_f2ff8185-9ba1-4d99-84ec-7990c3539bd4.pdf
Earnings Release
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PRESS RELEASE 30th April 2010
EMBARGO UNTIL 4.45 pm
Fountain Group: Trading Update Q1 2010.
In the present difficult economical environment, the Fountain Group has reached end March 2009 its objectives in terms of operating cash flow.
The further implementation of the SAP software across the subsidiaries goes on as planned. The Group keeps close eyes on any external growth opportunities in particular on Dutch an French markets.
End March, the Fountain Group maintains its 2010 objectives, being an operating cash flow performance significantly higher than in 2009.
About Fountain
THE FOUNTAIN GROUP, WITH A STRONG PRESENCE IN FRANCE, BELGIUM AND THE NETHERLANDS, OFFERS DIFFERENT COFFEE AND HOT DRINK SOLUTIONS MAINLY TO THE OUT OF HOME MARKET. CURRENTLY, 70% OF ITS REVENUE IS MADE TROUGH IS OWN DISTRIBUTION NETWORK
Information
Mr Pascal WUILLAUME - Chief Executive Officer ([email protected] – Tel 02 3890801 or 0476 760666) ; Mr Eric DIENST - Chief Financial Officer ([email protected] – Tel 02 3890811 or 0475 795722). http://www.fountain.eu