More details
13.10.05

17% increase in 2005 3rd quarter Group sales

 

(€ millions)

2005

2004

% growth

3rd quarter

22.76

19.42

+17

France & overseas territories

10.83

9.33

+16

Subsidiaries (1)

8.88

7.42

+20

Distributors

3.05

2.67

+14

 

9 months

 

78.89

 

65.63

 

+20

France & overseas territories

41.61

34.08

+22

Subsidiaries (1)

28.44

23.32

+22

Distributors

8.84

8.23

+7

(1)Germany, Belgium, Italy, Spain and Portugal, including €0.74 million for IPI in the third quarter 2005 and € 1.60 million in total for 2005.

Despite an expected deceleration, 2005 3rd quarter Group sales growth remained dynamic, up 17%, while sales on an organic basis rose 13% for the quarter and 18% for the 9 months.

  • In France, sales continued to grow strongly, up 16%, marked by the stabilisation in the number of new patients. 
  • A weak pollen season in Germany led to a net slowdown in growth in this country. Sales for all subsidiaries rose 10% on an organic basis for the 3rdquarter.
  • Distributors' sales growth remained satisfactory for the 3rd quarter of 2005, up 14%, but the end of year prospects remain uncertain for North Africa and the Middle East.

As already announced, the deceleration in growth will be accentuated as a result of an unfavourable base effect for the 4th quarter. However, the Group confirms its forecasts for strong annual sales growth and improved profitability.