July 6th 2011, 6pmMid-term billing for 2011 at 26.8 M, growth of 4.3% Growth in profitability re-affirmed
Billing linked to activity (1st January 30th June)
In millions of Euros
border=1>Mid-term billing 26.8 25.7 + 4.3%
VDI Group has continued its international development and, with a constant exchange rate, has a growth in turnover of 4.4% and 4.3% with a constant perimeter.
This increase would have reached 7% if a large order for 700K from the United Kingdom had not been delayed. This will be delivered in the second half of the year (this same order was also made and accounted for in the 1st semester of 2010).
Billing within the different areas of activity is as follows:
Energie Autonome (Portable Energy) has continued its strong growth dynamic with a rise of 11.8% at 17.6 M.
Homme et Travail (Man and Work) has achieved 9.2 M (it was at 9.9M last year) and represents 34.5% of the total activity. This division will benefit from greater development in the second half of the financial year.Continued growth and profitability at roughly 5% in 2011
For the 2011 financial year VDIs main priority is to unite growth in activity with improved profitability. The financial years net profitability should therefore be roughly 5%.
This objective should be reached due to the following:
- A volume effect with growth in activity in comparison to the 2010 financial year.
- Growth from agencies and branches opened in 2010 in France, Germany and Spain.
- Rigorously managing structural and transportation costs.
The Group continues to look for external growth opportunities that will reinforce its product range and geographical coverage.
Mid-term results for 2011 will be published on September 12th 2011 after the stock market has closed.
About VDI Group
Created in 1996, VDI Group operates principally in mail order sales through catalogues for consumable products for businesses, professionals and groups (B2B) and individual clients (B2C). VDI Group is present in two markets across two divisions:Homme et Travail (Man and Work), which commercialises items linked to the health, hygiene and security industries and for the protection of workers in the work place. Energie Autonome (Portable Energy), which distributes and develops a variety of batteries, chargers, adapters and portable lighting products.
VDI Group unites these brands:
Man and Work Division: Portable Energy Division:
VDI Group has developed, since its creation, through organic growth and external growth. This strategy has enabled us to broaden our range of products, to position ourselves in new areas of the market and to increase our international presence.
David Buffelard President of the Board of Directors
Tel: +33 (0)4 72 52 49 00 email@example.com
Amalia Naveira Analyst/investor relations - Tel: +33 (0)4 72 18 04 97 firstname.lastname@example.org
Marie-Claude Triquet Press relations
- Tel: +33 (0)4 72 18 04 93 - email@example.comVDI Group is listed on Alternext by Euronext Paris code ISIN n°FR0010337865