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Guerbet Earnings Release 2009

Nov 12, 2009

1392_10-q_2009-11-12_45e61d60-93a2-4763-be08-bbdcf2f428ee.pdf

Earnings Release

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PRESS RELEASE

2009 third-quarter sales

Villepinte, 13 November 2009

Consolidated Group sales (IFRS):

In thousands of euros 2009 2008 Change
First quarter ………………………………… 79,031 75,573 +4.6%
Second quarter ……………………………… 83,485 81,376 +2.6%
Third quarter ……………………………………… 81,997 79,160 +3.6%
First nine months………………………… 244,513 236,109 +3.6%

Consolidated sales by region

In thousands of euros 2009 2008 Change
European subsidiaries…………………………… 191,120 186,969 +2.2%
Other markets …………………… 53,393 49,140 +8.7%
First nine months………………………… 244,513 236,109 +3.6%

2009 third-quarter sales highlights and outlook

Dotarem has maintained sustained growth in volume (+17.7%) and in value (+10.1%) compared to the same period last year. This trend confirms Dotarem position as the European leader in the MRI segment with a 38% market share in Europe in the 2009 first half, gaining a further 5 points over the first half of 2008.

Xenetix sales accelerated, increasing 17.3% in volume in the quarter (+4.4% in value) to achieve yearto-date nine-month growth of 15.6% (+2.6% in value). Reflecting this momentum, Xenetix also added market share, particularly in Europe.

Group revenue overall in the 2009 third quarter grew 3.6%. Excluding currency effects, revenue grew 4.1%.

Europe, the Group's primary market, experienced a period of consolidation in the third quarter, particularly for sales to agents. The German subsidiary has continued to deliver rapid growth in sales (+9.4%).

The Group's strongest growth has been achieved in Asia (+20.57% year-to-date), driven notably by the expansion of sales in China.

On this basis, the Group confirms its guidance for annual sales in line with the prior year.

Contact: Finance Department. Tel: +33 (0) 1 45 91 50 11