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2015 Annual Revenue: €449.4 million: +10.0% at constant exchange rates

16.02.2016 10:23

Guerbet reports €460.8 million in revenue for financial year 2015, representing a 12.7% increase on a like-for-like basis. At constant exchange rates, revenue grew by 10.0% to €449.4 million.

Nearly all countries contributed to the Group’s growth.

The increase in revenue in Europe can be seen in nearly all countries. At constant exchange rates, its revenue for the European region grew by 9.0%.

The markets outside Europe experienced strong growth at +18.9% (+14.5% at constant exchange rates) mainly under the effect of the Group’s good level of sales in the US, South Korea, and with Latin American and Asian distributors.

Like in financial year 2014, the four business segments saw growth again in 2015.

2016 will be marked by the integration of Mallinckrodt's "Contrast Media and Delivery Systems" (CMDS) activity.

In order to ensure a successful integration as soon as possible, the Group has chosen to modify its sales structures and reposition its product offering. Beyond the commercial challenge, activity in 2016 will be marked by the Group’s efforts necessary to quickly integrate the “CMDS” employees, harmonize the company cultures, align the information systems and redefine the industrial and operational strategies in order to deliver the expected synergies.

Read the press release

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