Civrieux d'Azergues, January 12, 2011

 

2010 Sales: ?351.4 millions (-2.1 %)
Frozen Foods business: ?331.1 millions (-2.6 %)
Fresh Foods and Groceries business: ?20.3 millions (+5.6 %)

 

 

Sales (unaudited)

 

2010 sales amounted to ?351.4 million, down 2.1 % compared to 2009. 4th quarter sales amounted to ?98.3 million, down 2.0%.

 

(? millions) 4th quarter 2009 4th quarter 2010 % change   31/12/2009
(12 months)		 31/12/2010
(12 months)		 % change
Frozen Foods 95.2 92.8 - 2.5 %   339.9 331.1 - 2.6 %
Fresh Foods and Groceries 5.1 5.4 + 6.6 %   19.2 20.3 + 5.6 %
Group Total 100.3 98.3 - 2.0 %   359.1 351.4 - 2.1 %

 

Frozen Foods business

2010 sales for the "Frozen Foods" business were down 2.6%, to ?331.1 million. The average shopping basket was up 1.2%, to ?47.2, while order numbers were down 3.5%. Increased difficulty in prospecting new customers (-48,000 creations compared to 2009) and a drop in loyalty among customers created the previous year explain this business trend.

 

Fresh Foods and Groceries business
2010 sales were up 5.6%, to ?20.3 million, mainly due to the 4.8% rise in the shopping basket, to ?53.7. This is the result of both the extension of the product range and of the development of the e-commerce site, where the average shopping basket is more than twice the size of those purchased over the phone.

 

 

Upcoming events

 

- Publication of 2010 financial statements on 23 February 2011 (after stock market closing),
- Meeting of analysts and fund managers: 24 February 2011 at 11:00 AM at the Palais Brongniart in Paris.

 

  

 

 

Toupargel, the specialist in home delivery of food products to individual customers

Euronext Paris B compartment - CAC Small 90 - SBF 250 - Gaia Index

Isin FR 0000039240 - Bloomberg: TOU - Reuters: TPGEL.PA

 

Financial reporting - infofinanciere@toupargel.fr
or +00 33 (0)4.72.54.10.00
Press relations - karine.pareti@toupargel.fr
Analysts & shareholders relations - cyril.tezenas@toupargel.fr
www.toupargelgroupe.fr

2010 Sales:
http://hugin.info/143601/R/1479303/414973.pdf

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Source: TOUPARGEL GROUPE via Thomson Reuters ONE


HUG#1479303