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Trading update second quarter of 2008

News 1 min read
ARSEUS ACHIEVES TURNOVER GROWTH OF 21.3%
 
Waregem (Belgium), 15 July 2008 – During the first six months of 2008 Arseus noticed nothing of the worsening economic climate. Its consolidated turnover was 90.4 million euros for the second quarter, 21.3% higher than the consolidated turnover figure for the equivalent period last year. Organic growth was 7.4%. The consolidated turnover for the first six months was 170.5 million euros, an increase of 17.0% compared to the equivalent period last year. Organic growth during the first six months was 7.0%. This confirms management’s conviction that Arseus is active in a stable sector which, due to the ageing population, increasing medical awareness and a growing focus on aesthetics, will continue to grow in the coming years.