March 3, 2015

Q4 2014 sales

FOURTH QUARTER 2014: ACCELERATION OF GROWTH IN COMMUNICATION & SHIPPING SOLUTIONS 

  • Sales rose 4.6% in Q4 2014, down 0.6% at constant scope and exchange rates: very strong growth in Communication & Shipping Solutions sales while Mail Solutions decreased
  • Annual 2014 sales were up 1.6%, down 0.2% organically, in line with the Group's most recent guidance

 

FORECAST 2014 OPERATING MARGIN CONFIRMED

  • 2014 current operating margin (excluding acquisition-related expense) still expected to be close to 22%

 

2015 SALES OUTLOOK

  • -1 to +2% organic growth in sales projected in 2015

 

Denis Thiery, Neopost's Chairman and Chief Executive Officer, commented: "Sales in Communication & Shipping Solutions accelerated strongly in the fourth quarter. These activities now account for more than 20% of our sales and, in line with our strategy, are powerful growth drivers to offset the structural decline in mail businesses."