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PCAS Earnings Release 2013

Jul 23, 2013

1590_iss_2013-07-23_ca2b9a06-c85d-4076-9716-aa2ea6566351.pdf

Earnings Release

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Longjumeau, July 23, 2013

(in thousands of euros) H1-2012 published
(including SBS)
H1-2012 restated
(without SBS)
H1-2013 % change
Sales 89 361 87 506 89 044 + 1,8%
including Pharmaceutical
Synthesis 55 364 55 360 58 077 + 4,9%
including Fine Speciality Chemicals 33 997 32 146 30 967 - 3,7 %

(unaudited data)

For information, the sale of SBS was finalised on March 20, 2013. SBS was presented on a specific line as "Net Result on discontinued operation" as of December 31, 2012.

For the first half of 2013, the consolidated sales of the PCAS Group are up by 1.8% compared to the same period of the preceding year, without SBS.

Pharmaceutical Synthesis

The Pharmaceutical Synthesis business has been continuing to develop in 2013 with growth of 4.9% relative to 2012.

Fine Specialty Chemicals

For the first half of 2013, Fine Specialty Chemicals are down (-3.7%) on 2012, affected by a sharp downturn in New Technologies business, while the Performance Chemicals business and, to a lesser extent, the Fragrance-Flavors-Cosmetics business have continued to grow.

The full six-monthly consolidated accounts will be examined by the Board of Directors on September 4, 2013.

About PCAS:

Founded in 1962, PCAS is an international fine and specialty chemicals group that shares an ambition for excellence with its customers, which primarily include market-leading international groups. PCAS designs and delivers the best industrial solutions for its customers' specific expectations. These various expectations all share a common demand for safety, quality, competitiveness, innovation and sustainability. PCAS also develops ranges of proprietary products based on intellectual property.