March 3, 2014

Q4 2013 sales

ORGANIC GROWTH IN LINE WITH TARGETS

  • Organic growth of 2.6% in fourth-quarter 2013 and 2.7% for full-year 2013

  • Annual sales growth of 5.2% in 2013 at constant exchange rates

2013 OPERATING MARGIN

2013 current operating margin, before acquisition-related expenses:

  • now expected to be slightly lower than 25% for Neopost Integrated Operations

  • still expected to be above 12% for CSS Dedicated Units

Sales outlook for 2014

  • Sales organic growth expected between 1 and 3% in 2014

 

Denis Thiery, Chairman and Chief Executive Officer of Neopost, commented: "We have delivered our fifth consecutive quarter of organic growth, meeting our annual targets of 5.2% growth, at constant exchange rates, and 2.7% organic growth. Mail Solutions continues to show strong resilience, while Communication & Shipping Solutions recorded double-digit growth, more than doubling their share of sales in the space of two years."