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Regulatory News:
Hologram. Industries (Paris:HOL):
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€ millions
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2009
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2008
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Change
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2007
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1st quarter
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6.2
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5.3
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+18%
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4.8
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2nd quarter
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7.3
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7.1
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+3%
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4.7
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1st half
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13.5
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12.4
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+10%
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9.5
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3rd quarter
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7.3
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6.9
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+5%
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5.0
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Total nine months
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20.9
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19.3
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+8%
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14.5
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Robust growth for identity documents (50% of revenue): +17%
Revenue in the 2009 third quarter totalled €7.3 million compared to €6.9
million in the same quarter last year, advancing 5%.
Year-to-date nine-month sales expanded 8%. The key drivers of
this performance included:
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Applications destined for identity and travel documents that
continued to post strong growth in volume (+17%);
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Vehicle identification (+5%);
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Other applications (+12%).
In contrast, brand protection registered a market-related
decline of 14% linked to the currently adverse economic environment.
The acquisition process for new business in particular appeared to be
adversely impacted by a longer commercial decision-making process.
Further market share gains contributed revenue of €3 million
in the first nine months of the year.
The Group’s financial structure that remained very sound at the end of
September ensures that it will be able to maintain its strategy of
sustained investment to support its development.
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Hologram. Industries pursues its expansion in Europe
Hologram. Industries has continued its European expansion with growth of
18% in the first nine months of 2009 that included gains of 39% in
Western Europe.
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2009
nine months
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2008
nine months
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€ millions
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%
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€ millions
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%
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Western Europe
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7.5
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36%
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5.4
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28%
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Eastern Europe
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5.6
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27%
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5.7
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29%
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Rest of the world
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7.8
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37%
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8.2
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43%
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Of which - Asia Pacific
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4.2
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20%
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5.1
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27%
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Of which - The Americas
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2.0
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10%
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2.0
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10%
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Of which – Africa & Middle East
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1.6
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7%
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1.1
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6%
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After restating for products invoiced in Europe whose final destination
is Asia, the latter region would account for 25% of total revenue.
Visibility for sales remains good with a high rate of repeat business
and a satisfactory performance for new business acquisition. On this
basis, the Group confirms its targets for profitable growth.
In light of the level of sales at September 30, 2009, the current order
book and projects in the process of finalization, Hologram. Industries
expects to achieve full-year sales of approximately €29 million for the
full year, with the target for the current operating margin maintained
at 20%.
Next press release: Q4-2009 sales
Tuesday, January 19, 2010
Hologram. Industries designs, manufactures and sells high
security optical solutions worldwide. The Group had sales of € 26.6
million in 2008 within three major markets:
- Identity document security;
- Vehicle identification;
- The protection of brand name products. www.hologram-industries.com
Euronext Paris– Code ISIN: FR0000062168
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