Webdisclosure.com

Search

BOIRON (EPA:BOI) - 2019 FIRST QUARTER ACTIVITY

Directive transparence : information réglementée

26/04/2019 17:45

2019 FIRST QUARTER
BOIRON ACTIVITY
 (Unaudited data)

 

in thousands of euros 2018 2019 Variation at current exchange rates Variation at constant exchange rates
France 91,982 83,440 -9.3% -9.3%
Europe (excluding France) 32,899 31,779 -3.4% -1.9%
North America 29,617 23,580 -20.4% -26.0%
Other countries 4,895 4,516 -7.7% -6.8%
Group total 159,393 143,315 -10.1% -10.8%

in thousands of euros 2018 2019 Variation at current exchange rates Variation at constant exchange rates
Non-proprietary Homeopathic Medicines 76,575 69,067 -9.8% -10.2%
OTC Specialties 82,506 73,845 -10.5% -11.5%
Other 312 403 +29.2% +29.2%
Group total 159,393 143,315 -10.1% -10.8%

Turnover in the first quarter of 2019 was down 10.1% compared to the first quarter of 2018 (down 10.8% at constant exchange rates). This decrease was caused:

  • primarily by France, where turnover fell 9.3%. For several months, Homeopathy is subject to serious unjustified criticisms and untruth, whereas 85% of private General Practitioners declare they are prescribing homeopathy to their patients (IPSOS Study of March 2019). The 18 French industry operators and patient associations have launched an advocacy campaign: anyone can sign the petition at MonHomeoMonChoix.fr, or by texting “Homeo” to 32 321.
  • in part by the strong results previously posted in the United States, where sales increased 75.9% (€11.8 million) in the first quarter of 2018. However, this quarter's sales still came in over €5.6 million higher than the figure posted in Q1 2017.
  • to a lesser extent, a decline in Spain, Poland and Belgium.

Given the sales of the period and the impact of industrial investments, we expect 2019 operating income to be lower than in 2018.

We carry on the development of homeopathy in the world with the same confidence and the same determination.

 

Laboratoires BOIRON


Our next updates:
May 16, 2019 at 10:30 am, at BOIRON headquarters, 2 avenue de l'Ouest Lyonnais, 69510 MESSIMY - FRANCE: Mixed Shareholders' Meeting.
June 3, 2019: after approval by the Mixed Shareholders' Meeting, payment of the proposed dividend (€1.45 per share).
July 18, 2019: after the close of the stock market, publication of the sales on June 30, 2019.
Person responsible for financial information: Valérie Lorentz-Poinsot
Contact for financial information: Fabrice Rey
Investor relations: +33 (0) 4.78.45.63.43 - e-mail: boironfinances@boiron.fr
ISIN Code: FR0000061129 (BOI) - Bloomberg: BOI FP - Reuters: BOIR.PA
The group's financial information is online at: www.boironfinance.com



Regulated information
Quarterly financial reporting:
- First quarter financial report
Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-58141-boi-260419-ca-t1-19-gb.pdf
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free

09/10/2019 17:30
04/09/2019 18:40
18/07/2019 17:45
10/07/2019 10:00
28/06/2019 06:45
27/06/2019 09:20
17/05/2019 18:15
17/05/2019 14:50
26/04/2019 17:45
13/03/2019 18:30