CHARGEURS (EPA:CRI) - Chargeurs combines and intensifies under the brand Lainière SantéTM its global offer of technologies and textile solutions dedicated to healthcare and personal protective equipments

Transparency directive : regulatory news

08/04/2020 07:31

PRESS RELEASE

Paris
8 April 2020

   Chargeurs combines and intensifies under the brand Lainière Santé(TM) its
global offer of technologies and textile solutions dedicated to healthcare and
                         personal protective equipment

Given the intensity of the demand for its technologies and solutions developed
to answer the global sanitary crisis, Chargeurs, with an unprecedented
mobilization, organizes and sustains for the future its offer under the brand
Lainière Santé(TM) within Chargeurs PCC Fashion Technologies

* Development and mass production of innovative products: single and multiple
  use protection masks, scrubs, protective gloves, bactericidal protective
  films CleanTouch(TM), barrier textile against electromagnetic waves,
  intelligent fabric, etc.

* Global industrial and logistic reorganization, to develop technologies and
  production solutions for major public and private institutions, international
  major accounts, SMEs and individuals

* Activation of technological and commercial synergies between the businesses
  of the Group, with a shared research platform between our branch Lainière de
  Picardie and Senfa Technologies

* Conclusion of worldwide major product distribution partnerships with the
  biggest leaders in logistics operations

* Launch by April, 9th of the retail website: lainiere-sante.com

* Investments in masks production lines in France, the United States, and the
  rest of the world, to secure the local supply of major accounts

* Angela CHAN, Global President of Lainière Santé(TM)

* Denis NOHARET, President of Lainière Santé(TM) in Europe

"The Lainière Santé(TM) offer, developed in a context of global health
emergency, is, simultaneously, the testimony of our distinctive values and most
recent strategic move into high potential niche markets. We shape the offer of
Lainière Santé(TM) with the professionalism that makes the DNA of Chargeurs for
almost 150 years, but also with a huge humility linked to the executive
uncertainties which define the actual operational and economic environment. It
is our duty as a commited Group to mobilize our expertise to serve the critical
needs surrounding us. We are faithful to our entrepreneurial culture by
offering our talents the opportunity to maintain over time the levers of their
engagement and expertise recognized worldwide. By accelerating our current
innovations, and thanks to the exceptional commitment of our talents all over
the world, we are transforming a production, developed in a worlwide shortage
situation, into a differentiation strategy in terms of technological,
industrial, logistical and human expertise. Our commitment to innovation and to
the highest quality standards will fortify the strength and the attractivness
of our offer for the long term" said Michaël FRIBOURG, Chairman and CEO of
Chargeurs.

Since the beginning of the sanitary crisis, and driven by Michaël FRIBOURG,
Chairman and CEO, and first shareholder of the Group, Chargeurs flipped a
significant part of its textile activities to address the worldwide emergency
needs in terms of technological solutions dedicated to healthcare and personal
safety - masks, scrubs, antibacterial protection solutions, etc. Chargeurs is
amongst the few global groups able to, reliably and with tightened inspection,
mass produce critical products. Chargeurs already enjoys the trust of the major
public and private institutions all over the world, with, as of today, an
indicative order book over less than one year with more than 150 million of
euros for Lainière Santé(TM). This order book is dependent on the continuity
and availability of the international production capacity that the Group can
mobilize in house and with its suppliers approved by the Group.

According to the evolution of the Lainière Santé(TM) global demand, those
activities can partially compensate the performance of the historical
businesses of the Group, negatively impacted by the COVID-19 crisis.

The coming weeks will allow the Group to determine more precisely:
* The impact of the crisis on the historical businesses of the Group, and
* The global level of sales generated by Lainière Santé(TM), related to the
  level of the confirmed demand and to the ramp up of deliveries to the
  customers.

The creation of Lainière Santé(TM) reflects the Group's agility in an
unprecedent crisis since 1945, but Chargeurs insists on necessary carefulness
regarding the forecasting of a business which is for the moment emerging and
subject to potential execution risks regarding the current environment.

2020 Financial Calendar

Tuesday, April 28, 2020
(before the start of trading) First-quarter 2020 financial information and
Annual Shareholders' Meeting

ABOUT CHARGEURS

Chargeurs offers its customers integrated differentiation solutions to meet the
new aspirations of consumers in terms of quality, innovation, environmental
sustainability and experience. Number one in the world in all of its
businesses, the Group, whose marketing signature is High Emotion Technology(r),
delivers its expertise in three key sectors with very high potential for value
creation: protection for premium materials, fashion and luxury and visitor
experience.
The Group has close to 2,100 employees in five continents, who serve a
diversified customer base spanning more than 90 countries.
In 2019, revenue totaled EUR626.2 million, of which more than 90% was generated
outside France.

Financial Communications // +33 (0)1 47 04 13 40 // comfin@chargeurs.com
www.chargeurs.com

CHARGEURS's latest news

10/04/2024 17:50

CHARGEURS (EPA:CRI) - Chargeurs combines and intensifies under the brand Lainière SantéTM its global offer of technologies and textile solutions dedicated to healthcare and personal protective equipments

Transparency directive : regulatory news

CHARGEURS's latest news

Other stories