Press release Lyon, 18 April 2007
1st Quarter 2007 sales in line with the market plan
Positive dynamic
In €M | 2006 | 2007 | Variation |
1st quarter sales | 9.5 | 11.92 | 25.5% |
ORAPI saw its sales rise by +25.5% in the first quarter thanks to strong activity on its primary markets.
On a like-for-like basis and at constant exchange rates, growth was at 2.4% versus a particularly steady Q1 2006.
As expected, ORAPI is continuing to integrate the companies in the Applied Chemicals group that it acquired in the last quarter of 2006 with the primary goals of:
- improving our sales forces' geographic coverage particularly in Europe
- developing commercial synergies particularly by integrating ORAPI product ranges in these new subsidiaries,
- improving profitability by developing purchasing synergies and group management methods or by generating economies of scale.
The ORAPI group is confirming its profitable growth strategy:
- Geographic expansion: accelerated sales in Asia and Europe
- Offensive and innovative marketing strategy in order to keep up with market trends.
ORAPI is listed on compartment C of Euronext Paris under the ISIN code: FR0000075392
Reuters Code: ORPF.PA Bloomberg Code: ORAP.FP
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Contacts:
Chief Financial Officer Altedia Finance
Henri Biscarrat Jérôme Gacoin
Tel.: +33 (0)4 72 97 05 12 Tel.: +33 (0)1 44 91 52 49
[email protected] [email protected]
ORAPI Communication
Fabienne Chifflot
Tel.: +33 (0)6 60 36 46 81
[email protected]