Regulatory News:

Clasquin (Paris:ALCLA):

  30.09.2013   30.09.2012   Chg at current exchange rate   Chg at constant exchange rate       Q3 2013 /

Q3 2012

CONSOLIDATED (unaudited accounts)
Number of shipments*   114,681   107,865   + 6.3 %   + 6.3 % + 12.7 %
Sales (?M) **   145.7   134.4   + 8.4 %   + 11.4 % + 5.8 %
Gross profit (?M)   34.9   33.0   + 5.6 %   + 7.5 % + 7.7 %

*Excluding Gueppe-Clasquin, a subsidiary (70% ownership) specialised in road haulage, freighting and logistics.
**Note: Sales is not a relevant indicator for assessing activity in our business, because it is greatly impacted by changing sea and air freight rates, fuel surcharges, exchange rates (especially versus the $), etc. Variations in the number of shipments, the volumes shipped and--in terms of the Group's finances--gross profit are relevant indicators.

  • Over the first 9 months of the year, the global sea freight market (containers) experienced growth of 2%.
    The global air freight market remained stable.
  • The highly volatile sea freight rates along Asia-Europe routes experienced a sharp rise in July and August before falling again in September. Air freight rates for the same routes remained stable.
  • In this environment, the accelerated growth during Q3 in the number of shipments (+ 12.7%) and in gross profit (+ 7.7%) is linked to the group's ability to increase its market shares.

DETAILS ON ACTIVITY BY BUSINESS LINE

  NUMBER OF SHIPMENTS   GROSS PROFIT (in ?M)
At current exchange rate 30.09.2013   30.09.2012   30.09.2013 /
30.09.2012
  Q3 2013 /

Q3 2012

30.09.2013   30.09.2012   30.09.2013 /
30.09.2012
  Q3 2013 /

Q3 2012

Sea Freight   60,329   54,454   + 10.8 %   + 16.7 %   15.4   13.7   + 12.6 %   + 10.7 %
Air Freight   44,594   44,035   + 1.3 %   + 9.6 %   11.4   11.7   - 2.9 %   + 4.1 %
Other 9,758 9,376+ 4.1 % + 2.5 % 2.3 2.1+ 5.7 % + 0.6 %
TOTAL OVERSEAS

ACTIVITY

114,681 107,865+ 6.3 %+ 12.7 % 29.1 27.5+ 5.5 %+ 7.3 %
Log System     1.8   1.6   + 10.2 %   + 4.9 %
Gueppe-Clasquin 5.1   4.8   + 5.7 %   + 9.0 %
Consolidation entries -1.1 -0.9NS NS
TOTAL CONSOLIDATED 34.9 33.0+ 5.6 %+ 7.7 %
  VOLUMES *
30.09.2013   30.09.2012   30.09.2013 /
30.09.2012
  Q3 2013 /

Q3 2012

Sea freight : TEU's

(Twenty Foot Equivalent Units)

  63,857   65,492   - 2.5 % + 4.9 %
Air freight : Tons   30,869   29,429   + 4.9 % + 21.8 %

* Without Intercargo

OUT LOOK FOR 2013

Significant growth confirmed for 2013.

2013 UPCOMING EVENTS(publications issued after market closure)

  • Thursday 20 February 2014 : Business report as of 31 December2013
  • Wednesday 19 March 2014 : 2013 Results
  • Monday 7 May 2014 : Business report as of 31 March 2014
  • Thursday 28 August 2014 : Business report as of 30 June 2014
  • Wednesday 17 September 2014 : 2014 Half year results
  • Thursday 30 October 2014 : Business report as of 30 September 2014

Clasquin is an air and sea freight forwarding and overseas logistics specialist.
The Group designs and manages the entire overseas transport and logistics chain, organizing and coordinating the flow of client shipments between Europe and the rest of the world, and more specifically to and from Asia-Pacific and the United States.
Its shares are listed on Alternext Paris, ISIN FR0004152882, Reuters ALCLA.PA, Bloomberg ALCLA FP.
For more information, see www.clasquin.com or www.clasquinfinance.com

CLASQUIN CONTACTS
Yves REVOL ? Chairman and CEO
Philippe LONS ? Deputy Managing Director and CFO
Stéphanie CHALANDON ? Financial Reporting and Logistics Manager
CLASQUIN Group ? 235 cours Lafayette ? 69006 Lyon
Tél : 04 72 83 17 00 ? Fax : 04 72 83 17 33
finance@clasquin.com