Hologram. Industries: Continued Strong Growth -
+ 34% As of September 2008
MARNE-LA-VALLÉE, France--(BUSINESS WIRE)--Regulatory News:
Hologram. Industries (Paris:HOL)
| In millions of euros | 2008 | 2007 |
%
Change |
2006 | ||||
|
1st Quarter
2nd Quarter |
5.3
7.1 |
4.8
4.7 |
+10%
+50% |
3.1
4.0 |
||||
|
1st Half
3rd Quarter |
12.4
6.9 |
9.5
5.0 |
+30%
+40% |
7.1
5.1 |
||||
| 9 Months total | 19.3 | 14.5 | +34% | 12.2 |
Fourth straight quarter of strong growth
Following the strong growth of the first half year at 30%, Hologram. Industries reported another increase in amounts invoiced in the 3rd quarter of 2008, at €6.9M versus €5.0M for the same period in the prior year.
For the first nine months period, sales volume recorded for new business amounted to €4.8M, reaching above the €3.3M recorded for the entire year in 2007.
Growth was based primarily upon the identity document sector which doubled when compared to the prior year and now represents 46% of sales for the total period, followed by vehicle identification (28%) and brand name protection (17%).
The Group financial structure remains very strong. Cash, net of debts, amounted to €8M as of June 30, 2008 with shareholders’ equity in the amount of €16.9M. Profitability continues to benefit from the high level of activity.
Consolidation of the geographical realignment
|
Sept. 30, 2008 |
Sept. 30, 2007 | |||||||
| € M | % | € M | % | |||||
| Western Europe | 5.4 | 28% | 5.5 | 38% | ||||
| Eastern Europe | 5.7 | 29% | 5.3 | 37% | ||||
| Rest of world | 8.2 | 43% | 3.7 | 25% | ||||
| Of which Asia | 5.1 | 27% | 1.3 | 9% | ||||
| Of which Americas | 2.0 | 10% | 1.4 | 10% | ||||
| Of which Africa / Middle East | 1.1 | 6% | 0.9 | 6% | ||||
Asia fully confirmed its status as a growth region with sales as of September 30th amounting to €5.1M versus €1.3M for the same period in 2007.
Confirmation of 2008 objectives
Hologram. Industries expects its second half of 2008 to be at an historically high level. After taking into account the unfavorable effect of the very high level of business recorded at the end of 2007 (€6.6M in Q4-07), full year growth is expected to exceed 20%. Profitability should continue to benefit from the high volume of activity.
Hologram. Industries thus confirms its objectives for profitable growth, its pursuit of geographic expansion and the consolidation of its leadership position in identification.
Next release: Sales 2008
Tuesday January 20, 2009 (after market close)
Hologram. Industries designs, manufactures and sells high security optical solutions worldwide. The Group generated sales of € 21.1 million in 2007 within two major markets:
- The security of identity documents.
- The protection of brand name products.
Euronext Paris– Code ISIN : FR0000062168
