CEGEDIM: Consolidated Turnover -- as at 30 September 2004.BOULOGNE, France -- CEGEDIM (Other OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CGMJF.PK) (BOURSE bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. :CGDM CGDM Consortium on Green Design and Manufacturing .PA):
30 Sept. 30 Sept. Organic
CEGEDIM GROUP 2004 2003 Variation Growth
EUR '000 EUR '000 %
---------------------------------- -------- -------- --------- -------
1st Quarter 101,719 88,987 14% 11%
2nd Quarter 110,368 102,256 8% 8%
3rd Quarter 97,053 90,790 7% 7%
Total 309,140 282,033 9.6% 8.7%
Distribution:
Health and strategic data 259,989 235,391 10.4% 9.4%
CRM and strategic data 142,155 128,115 11% 7%
Healthcare professionals 66,664 57,475 16% 18%
Electronic money, insurance and
cash flows in the healthcare
sector 51,170 49,801 3% 6%
Technologies and services 49,151 46,642 5.4% 5.4%
Technologies 24,820 22,103 12% 12%
Services 24,331 24,539 -1% -1%
Total 309,140 282,033 9.6% 8.7%
CEGEDIM's turnover is up 9.6% as at 30 September 2004. Health and strategic data Turnover in the core business keeps growing on a similar trend to the one achieved over the first semester se·mes·ter n. One of two divisions of 15 to 18 weeks each of an academic year. [German, from Latin (cursus) s , with a growth of 11%. As forecast, the "Healthcare professionals" business shows a slowdown compared to the tremendous first half of 2004. However in the full year, the operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: of the sector will significantly improve. "Electronic money, insurance and cash flows" operations in the healthcare sector achieve organic growth of 6%, whereas a complete reorganization was experienced following the acquisition of Proval in 2003. The commercial synergies of Soltim/Proval lead to an order book by 40% higher than last year before the merge, showing that the group's strategy proves successful. Technologies and services "Technologies" operations keep on growing fast, in line with expectations, but "Services" hardly catch up with last year's achievements. Outlook for 2004 Considering those achievements, consolidated turnover should globally increase by roughly 9%, and operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. should rise by 15% over the whole year 2004. About CEGEDIM CEGEDIM has 35 years experience in providing value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. information and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solutions to the pharmaceutical industry and healthcare professionals. The Group's offer essentially consists of recurrent services enhanced by CEGEDIM's proprietary databases. The Group provides acknowledged expertise in state-of-the-art technologies such as database management, IT, networks, and the assembly of complex and targeted key information for its customers. With operations covering 49 countries and a workforce of 3,700 people, the CEGEDIM Group has reported a turnover of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 389 million in 2003. Public company with share capital of 8,891,004.61 euros Registered office: 127 a 137 rue d'Aguesseau, 92100 Boulogne Trade and Commercial Register: Nanterre B 350 422 622 |
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