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  Hologram Industries   ISIN : FR0000062168   Compartment : Compartment C
  Periodic information/3rd Quarter Information   Wire : Business Wire   Publication date : 19/10/2009 19:30:00


 

Hologram. Industries: Continued Revenue Growth +8% at 30 September 2009


 

Regulatory News:

Hologram. Industries (Paris:HOL):

€ millions   2009   2008   Change   2007
1st quarter 6.2 5.3 +18% 4.8
2nd quarter 7.3 7.1 +3% 4.7
1st half 13.5 12.4 +10% 9.5
3rd quarter 7.3 6.9 +5% 5.0
Total nine months 20.9 19.3 +8% 14.5
  • 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:

  • Applications destined for identity and travel documents that continued to post strong growth in volume (+17%);
  • Vehicle identification (+5%);
  • 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.

  • 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.

    2009

nine months

  2008

nine months

  € millions   % € millions   %
Western Europe 7.5 36% 5.4 28%
Eastern Europe 5.6 27% 5.7 29%
Rest of the world 7.8 37% 8.2 43%
Of which - Asia Pacific 4.2 20% 5.1 27%
Of which - The Americas 2.0 10% 2.0 10%
Of which – Africa & Middle East 1.6 7% 1.1 6%

After restating for products invoiced in Europe whose final destination is Asia, the latter region would account for 25% of total revenue.

  • 2009 outlook

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

Un service de REGinfo France