PSB INDUSTRIES (EPA:PSB) - Information financière au 31 mars 2011
Transparency directive : regulatory news
10/05/2011 17:47
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PSB INDUSTRIES
Quarterly financial information at March 31, 2011
MARCH YTD 2011:
* Sales:
PSB Industries' sales in the first quarter of 2011 reached EUR64.0 million, up
19.7% (19.1% on a constant currency basis).
* Earnings:
Operating profit grew to EUR6.2 million (9.7% of sales) from EUR4.8 million in
Q1 2010 (8.9% of sales). This 30% growth was driven both by increased sales and
improved return on sales in the specialty chemicals business with the marketing
of new products.
In the other business segments, sales growth combined with good production cost
control limited the negative impacts of the rise in raw material prices.
Cash flow from operating activities reached EUR8.1 million (12.6% of sales).
* Debt:
The net debt to equity ratio improved slightly from the end of December 2010
(87% vs. 90%).
OUTLOOK FOR 2011:
In light of a less favorable base effect, growth should continue in Q2 2011 at a
slower pace. Operating profit in H1 2011 should be close to that of H1 2010.
NYSE Euronext (ISIN FR0000060329) - CAC Small and CAC Mid & Small indexes, All
Tradable
All of the company's financial information is available at:
www.psbindus.com - Email: finance@psbindus.com