1st quarter revenue 2012: A very good start to the year
Avignon, 26 April 2012 - NATUREX, world leader in specialty plant-based ingredients, presents its consolidated revenue for the 1st quarter of financial year 2012:
Consolidated revenue for the 1st quarter of 2012 stands at €73.5 million, up 12.6% in constant currencies, and includes:
The currency effects of +1.9% reflect the favourable impact of the change in certain currencies, primarily in the US dollar, compared to the 1st quarter of 2011.
For information, PEKTOWIN's secondary activities that are being abandoned generated €0.7 million in sales which were not included in the quarter's revenue.
Strong growth in the three markets
The three markets made a positive contribution to the quarter's growth, sustained by an increasingly complete offering and a more and more customised support in terms of applications.
Moreover, the toll extraction activity was lower in this quarter in light of the shift in orders but will have a very good level in the 2nd quarter of 2012.
Sustained growth in all of the geographical regions
The momentum in growth initiated in 2011 continued in the 1st quarter with the progression in all of the geographical regions:
"This beginning of the year is very promising for NATUREX, we are enjoying strong growth in all of our markets and in all of the geographical regions where we are located", declares Thierry LAMBERT, the Group's Vice-President and CFO.
"Backed with this momentum and thanks to the commitment of our teams all around the world, we are confident in our ability to actively pursue our development by consolidating our positions and creating sales synergies with our recent acquisitions".
If you would lik e to receive financial information about Naturex by e-mail, go to: www.naturex.com
Naturex has been listed since October 1996 on NYSE Euronext Paris, Compartment B (MidCaps)
NATUREX is a global leader in specialty plant-based natural ingredients.
The Group is organised around three strategic markets (food & beverage, nutrition & health and personal care) and produces and markets specialty plant-based ingredients for the food, nutraceutical, pharmaceutical and cosmetic industries.
NATUREX's head office is based in Avignon, France. The company employs more than 1,000 people with high-performance manufacturing operations across 15 sites in Europe (France, Italy, Spain, the United Kingdom, Switzerland, Poland), as well as in Morocco, the United States, Brazil, Australia and India. It also has a global presence through a dedicated network of sales offices in 21 countries (France, Italy, Spain, Morocco, the United Kingdom, Belgium, Germany, Poland, Russia, U.A.E., Thailand, Singapore, Japan, China, Korea, Australia, the United States, Canada, Brazil, Mexico and India).
NATUREX's development is supported by positive underlying trends linked to a fast-growing demand for natural products and its capacity to provide manufacturers customised solutions to meet the requirements of their end consumers. The Group's strength lies in its positioning with specific products which constitute niche markets, supported by strong sourcing capacity and sustained research & development.