December 1, 2015

Q3 2015 sales

“Quarter after quarter, the decrease in our Mail Solutions activities is slowing down, but not enough to bring the Group as a whole back to positive organic growth. Our Communication and Shipping Solutions continue to record strong organic growth at close to 10%, albeit inferior to growth in first-half 2015. Furthermore, we once again benefited from favorable exchange rates, allowing us to increase sales by close to 9% since the beginning of the year.”

Denis Thiery, Chairman and Chief Executive Officer of Neopost

THIRD QUARTER 2015

  • Slight slowdown in the contraction of Mail Solutions sales, down 4.1% at constant exchange rates
  • Organic growth of 9.9% for Communication & Shipping Solutions sales
  • Total Q3 sales up 5.6%, down 1.1% at constant scope and exchange rates

 

OUTLOOK

  • Total organic growth for FY 2015 sales projected at around -1%
  • Confirmation of 2015 current operating margin (before acquisition-related expense) expected at a minimum level of 19.5% of sales