PR Newswire/Les Echos/
PRESS RELEASE
Annual General Meeting
The Annual Meeting of Chargeurs shareholders approved the 2009 financial
statements.
Salim Meir Ibrahim, Georges Ralli and Jérôme Seydoux were re-elected as
Directors.
Chairman Eduardo Malone commented on business developments.
First quarter 2010 consolidated revenue was 9% higher than in the same period
last year. Revenue at Chargeurs Protective Films rose by a strong 27.3% compared
with first-quarter 2009, mainly due to growth in volumes.
The three businesses confirmed their return to profit at the operating level,
together generating consolidated operating profit of EUR6.6 million for the
quarter compared with a loss of EUR5.1 million for the year-earlier period.
In light of first-quarter 2010 results, the full-year target is to generate
revenue of around EUR450 million and operating profit of EUR16 million.
May 7, 2010
Corporate Communications - +33 (0)1 71 72 31 65
www.chargeurs.fr
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