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Mersen — Investor Presentation 2010
Sep 15, 2010
1518_iss_2010-09-15_16ba67bb-c4c3-45e4-b339-2efb711a52a4.pdf
Investor Presentation
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Forecasts for 2010: double-digit organic growth and an operating margin before non-recurring items which at least equals the H1 2010 level
At a meeting with investors, Mersen has provided an update on its forecasts for 2010.
Over the full year, Mersen anticipates double-digit organic growth and an operating margin before non-recurring items which at least equals the H1 2010 level(1). These projections are based on a continued business recovery in all our markets and further momentum in our sales to the photovoltaic industry.
Mersen continues to implement its growth strategy based on building a stronger presence in sustainable development-related markets, selective acquisitions, innovation and further expansion in Asia, especially in China. In this context, the Group recently refinanced the RMB500 million (around \$73 million) syndicated loan arranged in China during 2008, with a maturity date extended to 2013.
(1) H1 2010 operating margin before non-recurring items: 9.9%
About Mersen
Global expert in materials and solutions for extreme environments as well as in the safety and reliability of electrical equipment, Mersen designs innovative solutions to address its clients specific needs to enable them to optimize their manufacturing process in buoyant sectors: energy, transportation, electronics, chemicals/pharmaceuticals and processing industries.
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The Group is listed on NYSE Euronext Paris – Compartment B and is included in the following indices: CAC Mid100, SBF120 and Next 150.
Visit our website: www.mersen.com
Analyst and Investor Contact Press contact
Stéphanie Atellian Vilizara Lazarova VP Investor Relations Mersen Publicis Consultants
Tel: + 33 (0)1 46 91 54 40 Tel: +33 (0)1 57 32 86 46 Email: [email protected] Email: [email protected]