Inventoriste: First Half of 2007 Marked by 73% Growth in Sales- A Threefold Increase in Net Income
01/08/2007 21:35
PR Newswire
MAUREPAS, France, August 1 /PRNewswire/ --
Consolidated income in euros(000) Q1 Q1
2007 2006
IFRS
Net sales 8,799 5,081
Overall gross margin 5,375 3,142
Gross cost markon 61.09% 61.84%
Value added 3,991 2,222
Gross operating surplus 1,672 615
Operating income 1,572 545
Operating cost markon 17.87% 10.73%
Current income 1,599 549
Non-recurring income -12 -
Net consolidated income 1,023 360
Net cost markon 11.63% 7.09%
Activity in the first half of 2007, a 73% growth, automatically makes it
easier to absorb fixed costs. Consequently, the net operating income is for
almost multiplied by a factor of 3 and indicates an operating margin 7 points
higher. Net consolidated earnings are over 1 million euros, a 184% increase.
The net margin thus gains over 3 points.
As of June 30, 2007, net cash was over 3 million euros and highlights the
group's financial health.
Outlook
Given these outstanding results, Inventoriste upgraded its forecast of
consolidated sales figures, which are expected to exceed 35% in the fiscal
year. Indeed, all sectors in which Inventoriste is involved are experiencing
growth, a trend occurring in both France and abroad.
EXACOD Affair
EXACOD withdrew its appeal and, pursuant to the ruling, will compensate
Inventoriste to the amount of approximately 3 million euros, which will be
taken in products in FY 2007.
Founded in 1991, Inventoriste is the French specialist in physical
inventory outsourcing, mainly in the retail distribution sector.
Alternext - Ticker ALIVT - Code ISIN FR 0010082305
Your contacts:
Frédéric Marchal
Inventoriste
Tel. +33-1-30-49-22-88
frederic.marchal@inventoriste.fr
Camille Tremeau
TRADITION Mid & Small Caps
Tél +33-1-44-50-24-18
ctremeau@viel.com
Your contacts: Frédéric Marchal, Inventoriste, Tel. +33-1-30-49-22-88, frederic.marchal@inventoriste.fr. Camille Tremeau, TRADITION Mid & Small Caps, Tél +33-1-44-50-24-18, ctremeau@viel.com