Management reiterates expectations for 2011
Waregem (Belgium) / Rotterdam (the Netherlands)[1], 8 July 2011 (7.30 a.m.) – In the second quarter of 2011, the consolidated turnover of Arseus increased 12.5% to € 121.4 million. Organic growth was 2.7%. In the first six months of 2011, the consolidated turnover increased 13.7% to € 232.7 million. Organic growth was 2.9%.
On 5 August at 7.30 a.m., Arseus will publish the complete results over the first six months of 2011.
The evolution of turnover[2] per division is as follows:
x 1,000 euros Q2 2011 Q2 2010 Total growth Organic growth Fagron 57,481 46,443 23.8% 6.7% Arseus Dental 42,292 41,273 2.5% -1.0% Arseus Medical 13,315 12,490 6.6% 0.6% Corilus 8,302 7,680 8.1% -0.9% Total 121,389 107,886 12.5% 2.7% x 1,000 euros H1 2011 H1 2010 Total growth Organic growth Fagron 108,804 85,076 27.9% 7.4% Arseus Dental 81,607 79,697 2.4% -0.5% Arseus Medical 25,817 25,122 2.8% -3.0% Corilus 16,507 14,783 11.7% 1.7% Total 232,734 204,678 13.7% 2.9%
[1] This press release was sent out by Arseus NV and Arseus BV.
[2] Unaudited management figures.
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