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Guerbet — Earnings Release 2011
Apr 27, 2011
1392_iss_2011-04-27_b4222cc4-37d7-4f6e-af73-9d2483fdc29a.pdf
Earnings Release
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P RESS RELEASE
2011 first-quarter net sales
Villepinte, 27 April 2011
Consolidated Group revenue (IFRS):
| In thousands of euros | 2011 | 2010 | Change |
|---|---|---|---|
| Total first quarter ………………………… | 95,053 | 86,684 | +9.7% |
Consolidated revenue by region:
| In thousands of euros | 2011 | 2010 | Change |
|---|---|---|---|
| European subsidiaries | 68,118 | 65,974 | +3.2% |
| Other markets | 26,936 | 20,709 | +30.1% |
| Total…………………………………… | 95,053 | 86,684 | + 9.7% |
First quarter revenue up 9.7%
Sales in Europe rose 3.2% driven by gains from Dotarem.
Other markets grew 30.1%, increasing their share in total Group revenue to 28%, up from 24% in 2010. In the US, the resumption of direct distribution of Lipiodol (Ethiodol) provided a strong and exceptional boost to first-quarter sales. In the rest of the world, both Dotarem and Xenetix showed strong growth.
Dotarem sales were up 19.7% on gains of 17.6% in Europe and 31.9% for other regions.
Xenetix sales increased 5.4% that included a 2.6% decline in Europe and 29.6% growth in other regions.
Contact: Finance and Administration Department Tel. 01 45 91 50 69
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