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Guerbet — Earnings Release 2010
May 11, 2010
1392_10-q_2010-05-11_c84deb73-4981-467b-8afb-7f04fa4da777.pdf
Earnings Release
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P RESS RELEASE
2010 first-quarter net sales
Villepinte, 11 May 2010
Consolidated Group revenue (IFRS):
| In thousands of euros | 2010 | 2009 | Change |
|---|---|---|---|
| Total first quarter…………………………. | 86,684 | 79,031 | +9.6% |
Consolidated revenue by region
| In thousands of euros | 2010 | 2009 | Change |
|---|---|---|---|
| European subsidiaries | 65,974 | 64,279 | +2.6% |
| Other markets | 20,709 | 14,753 | +39.9% |
| Total……………………………………… | 86,684 | 79,031 | +9.6% |
First quarter revenue up 9.6%
Continuing the favourable trend of 2009 year-end, first-quarter revenue was up 9.6% over the same period last year on the strength of significant gains in volume by the Group's main products, primarily outside Europe.
In Europe, revenue grew 2.6% on positive momentum for Dotarem despite a competitive environment that remains challenging.
Other markets now account for 24% of total Group revenue, up from 19% in 2009.
Dotarem's expansion in key countries outside Europe has been facilitated by its wellrecognized qualities.
Xenetix posted gains in all regions of the world, particularly in Latin America.
Contact: Finance department. Tel: +33 (0)1 45 91 50 11