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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
------------------------------- ------- ------- --------- ------------
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%
------------------------------- ------- ------- --------- ------------


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.
  • Dora Akunyili, Director General of National Agency for Food and Drug Administration and Control of Nigeria
  • Charles Alderton (1857 - 1941), American inventor the soft drink Dr Pepper
  • George F.
 in France

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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Date:May 14, 2003
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