PSB INDUSTRIES (EPA:PSB) - chiffre d'affaires du 1er trimestre 2010
Transparency directive : regulatory news
12/04/2010 17:50
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PSB INDUSTRIES1st quarter 2010 revenues: EUR53.5 million, up 12.6%
PSB Industries' revenues in Q1 2010 reached EUR53.5 million, up 12.6% or 13.3%
on a constant currency basis. These results confirm the turnaround recorded in
Q4 2009.
Beauty packaging grew 19.8% to EUR35.0 million - up 20.4% on a constant
currency basis-, and growth should continue strong throughout the first half.
Custom packaging stood at EUR9.8 million in the first quarter, up 6.0%.
Specialty chemicals dropped 3.6% to EUR8.7 million (down 1.4% on a constant
currency basis). Exceptional orders placed by two clients in Q1 2009 actually
conceal renewed growth in Baikowski's different markets, which will drive
Baikowski's sales in Q2.
The Q1 figures confirm PSB Industries' rebound and should enable the Company to
exceed its initial objective of 5% growth over the whole year.
In view of this business growth and the cost-saving programs rolled out more
than a year ago, the operating income should improve significantly and come
close to historical levels.
The financial information on Q1 earnings will be available on the PSB website on
May 12, 2010.
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