March 31, 2015

2014 Annual Results


2014 annual sales growth: up 1.6%, i.e. down 0.2% organically

CSS activities: 20.5% of overall sales vs. 17.0% in 2013

2014 current operating margin (before acquisition-related costs): 22.0%

Dividend proposed: €3.90 per share



Organic sales growth in 2015 expected between -1% and +2%

2015 current operating margin (before acquisition-related costs) expected between 19.5% and 20.5%


Denis Thiery, Chairman and Chief Executive Officer of Neopost, commented: "Over the period, Neopost has continued its transformation. Commercial synergies between our traditional distribution network and our Communication & Shipping Solutions activities are multiplying. Growth for the latter stands at over 20%, which illustrates our ability to provide our clients with tailored communication solutions to accompany their digital transition. This also reflects the promising new initiatives we are spearheading in the shipping field, such as Packcity automatic parcel lockers, the acquisition of ProShip and the development of the NeoShip service in the US. As expected, the Group's transformation does have an impact on its profitability, although this remains high, as the operating margin stands at 22%. We will be proposing our shareholders a dividend which is unchanged in relation to previous years."