Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ORAPI Earnings Release 2008

Oct 23, 2008

1575_iss_2008-10-23_cea23368-83f6-4348-b6a1-41ea884d358a.pdf

Earnings Release

Open in viewer

Opens in your device viewer

9-Month sales for 2008: +36.9 % Strong growth confirmed

In €M 2007 2008 Change in
value
Q1 T/O 11.92 16.56 38.9 %
Q2 T/O 14.19 19.88 40.1 %
Q3 T/O 15.66 20.75 32.5 %
Total Sales for 9 months 41.77 57.19 36.9 %

ORAPI achieved a turnover of €57.19M over the first 9 months of 2008 : +36.9% vs last year. In 9 months only, the Group thereby delivered the same turnover as it did during the whole 2007 fiscal year.

On a like-for-like basis and at constant exchange rates, Q3 remained steady due to a reduced activity over the summer months.

Despite a deteriorating economic and financial environment, this strong growth dynamics reflects both :

  • the quality of the ORAPI business model
  • the relevance of its latest developments, particularly in the hygiene and maintenance markets.

Thanks to its leading edge of nanotechnologies, exemplified by the launch of its new generation NANOLUBRICANT ® (registered trademark) range of lubricants, ORAPI is reaping the benefits of its extended reach in the field of R&D.

ORAPI's growth is sustained by its profitability and innovation ability, enabling the Group to confirm its 5-year objectives.

ORAPI designs, produces, and distributes technical solutions and products for hygiene, maintenance and processing use. ORAPI is listed on compartment C of Euronext Paris under the ISIN code: FR0000075392 - Reuters Code: ORPF.PA – Bloomberg Code: ORAP.FP

_____________________________________________________________________________________

Contacts:

Secretary-General Altedia Finance Henri Biscarrat J.Gacoin/S.Allemand Tel: +33 (0)4 74 40 20 04 Tel: +33 (0)1 44 91 52 49 [email protected] [email protected]

ORAPI Communication Fabienne Chifflot Tel: +33 (0)6 60 36 46 81 [email protected]