CEGEDIM: Consolidated Turnover as at 31 March 2003.Business Editors PARIS--(BUSINESS WIRE)--May 14, 2003 Public company with share capital of 8,891,004.61 euros Registered office: 127 a 137 rue d'Aguesseau, 92100 Boulogne Bou·logne also Bou·logne-sur-Mer A city of northern France on the English Channel north-northwest of Amiens. Of Celtic origin, it is the leading fishing port of France. Population: 44,800. Trade and Commercial Register: Nanterre Nanterre (näNtâr`), city (1990 pop. 86,627), capital of Hauts-de-Seine dept., N central France, on the right bank of the Seine River. B 350 422 622
CONSOLIDATED TURNOVER
As at 31 March 2003
CEGEDIM GROUP 31 March 31 March Variation
2003 2002 acquisitions
EUR'000 EUR'000 Variation excluded
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Healthcare services 72,981 63,693 14.6% 7.0%
Pharmaceutical companies 45,016 36,687 23% 10%
Healthcare professionals 17,090 17,613 -3% -3%
Electronic money and insurances 10,875 9,393 16% 16%
Services to companies 16,006 15,467 3.5% 3.5%
Direct marketing and B-to-B CRM 8,865 8,507 4% 4%
IT, management and the Internet 7,141 6,960 3% 3%
Total 88,987 79,160 12.4% 6.3%
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As at 31st March 2003, Cegedim's consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: turnover is up 12.4%. This does not integrate the recently announced acquisition of PROVAL PROVAL Proteccion de Valores (Guatemala) . Excluding this acquisition, Cegedim's turnover growth forecast for the full-year 2003 is maintained at +10%. Highlights -- The "Pharmaceutical companies" division continues to report strong revenue growth. This increase is primarily driven by the international activities (+58% overall, or, +21% excluding 2002 acquisitions), as compared to relatively slower French business growth. -- As expected, the computerization com·put·er·ize tr.v. com·put·er·ized, com·put·er·iz·ing, com·put·er·iz·es 1. To furnish with a computer or computer system. 2. To enter, process, or store (information) in a computer or system of computers. of pharmacists This is a list of notable pharmacists.
shows strong revenue growth (+19%), which partly reflects sales recovery from the low results reported for the first-quarter 2002. On the other hand, the computerization of doctors in the UK decreases by 15% in volume -- and by 23% in value as a result of the negative impact of exchange rate fluctuations. Full-year 2003 turnover is expected to be lower than 2002 in that business, due to the impact of the geographic reorganization currently conducted by the British healthcare authorities. However, margin levels will remain unchanged in 2003. In the overall "Healthcare professionals" division, turnover is expected to remain stable in 2003, while margins will improve significantly. -- Turnover should keep on growing at a sustained rate in the "Electronic money and insurances" division, although not as high as the 16% reported for the first quarter. Whereas, more dynamic revenue growth is expected in 2003 for the divisions "Direct marketing and B-to-B See B2B. CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. " and "IT, management and the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the ". |
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