Provimi: 12.3% sales increase in 2008
The Provimi Group today announces its turnover for the full year 2008. Sales increased to EUR 2,154.1 million, an increase of 12.3% compared to 2007. On a like-for-like basis, sales growth was 13.9 %, with particular good organic growth in France and the segment Rest of the World.
Globally, the sales increase was linked to higher raw material prices. In France, higher
sales were also linked to strong evolution of minerals and specialties for ruminants. In the
segment Rest of the world, the sales increase was also due to new contracts in South
America. Less favourable exchange rates had a negative impact of EUR 16.4 million.
Revenues
(in EUR million) 31/12/2008 31/12/2007 Change
France 226.1 192.6 +17.4%
Poland 445.1 405.3 +9.8%
Rest of Europe 899.0 823.0 +9.2%
North America 297.2 280.7 +5.9%
Rest of the world 286.7 216.9 +32.2%
Total 2,154.1 1,918.5 +12.3%
Related website:
Provimi
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