March 26, 2013

FY 2012 results

Neopost today released its full year results for 2012

2012: A YEAR OF SIGNIFICANT EXPANSION IN BUSINESSES NOT RELATED TO MAIL FOR NEOPOST

  • 2012 sales: €1,070 million, up 2.5% excluding currency effects
  • 2012 current operating margin before acquisition-related expenses maintained at almost 25% of sales
  • 2012 net margin: 15.0% of sales
  • Proposed dividend unchanged at €3.90 per share

Denis Thiery, Chairman and Chief Executive Officer of Neopost, said:
"Just one year ago, we were formulating our new strategy. In line with this strategy, we have made strategic acquisitions in Customer Communication Management and Data Quality. The last 12 months have also shown the resilience of our mail-related businesses, along with the strong momentum of our Communication & Shipping Solutions activities. As a result, Neopost resumed firm organic growth at the end of 2012. At the same time, we were able to keep operating margin at almost 25%, and to maintain a very strong financial position while also investing heavily. This means that we are again able to provide a substantial return to our shareholders through a dividend that equates to a yield of over 8%."

2013 NEOPOST OUTLOOK

  • 2013 sales expected to grow by at least 5% excluding currency effects
  • Current operating margin before acquisition-related expenses expected to be over 25% for Neopost Integrated Operations and over 12% for CSS Dedicated Units