September 8, 2016

2016 HALF-YEAR RESULTS (Audited data)

The Board of Directors of BOIRON, at its meeting of September 8, 2016, made up the half-year statutory and consolidated financial statements.

2015

2016

Variation 2016/2015

in thousands of euros

Sales (1)

275,573

284,304

+3.2%

(2)

Operating income

37,819

43,390

+14.7%

Net income - group share

21,451

26,458

+23.3%

Cash flow (3)

48,726

54,483

+11.8%

Net investments

13,532

14,823

+9.5%

Net cash position

145,534

188,428

+29.5%

(1) The main information on the variation of the half-yearly sales were the subject of a financial statement on July 19, 2016 (http://www.boironfinance.com/Shareholders-and-investors-area/Financial-information/Regulated-information/Financial- statements).

(2) +4.8% at constant exchange rate (as defined in the half-year report).

(3) Before investment income, financing expenses and tax.

The operating income at June 30, 2016 increased by 14.7% in comparison to the first half-year of 2015, due to higher revenues and cost control.

The increase of the cash position at June 30, 2016 is of +29.5%.

Our Company still continues with the same determination the development of homeopathy in the world.

The half-year accounts were subjected to a limited review by statutory auditors. The half-year report including information on activities and results of the first half-year and the 2016 outlook was published in line with the provisions of Article 221-3 of the French Financial Market Authority [AMF]. It is available on the company's website (http://www.boironfinance.com/Shareholders-and-investors- area/Financial-information/Regulated-information/Annual-and-half-year-reports).

Our next update:

October 20, 2016: at market close, publication of quarterly sales and financial information as of September 30, 2016. Person responsible for financial information: Christian Boiron

Contact for financial information: Véronique Bouscayrol

Investor relations: +33 (0) 4.78.45.63.43 - e-mail : boironfinances@boiron.fr ISIN Code: FR0000061129 (BOI) - Bloomberg: BOI FP - Reuters: BOIR.PA

The group's financial information is online at: www.boironfinance.com

Boiron SA published this content on 08 September 2016 and is solely responsible for the information contained herein.
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