(Unaudited data)
TURNOVER PER QUARTER (CHANGE AT CURRENT RATE)
|
in thousands of euros |
1 |
2 |
3 | ||||||
|
2023 |
2022 |
Var. |
2023 |
2022 |
Var. |
2023 |
2022 |
Var. | |
|
France | 54,580 | 77,055 | -29.2% | 52,277 | 54,283 | -3.7% | 56,005 | 58,275 | -3.9% |
|
Europe (excluding France) | 39,220 | 34,476 | +13.8% | 23,656 | 26,228 | -9.8% | 30,561 | 35,744 | -14.5% |
|
North America | 33,279 | 28,944 | +15.0% | 24,148 | 23,282 | +3.7% | 28,861 | 29,107 | -0.8% |
|
Other countries | 5,220 | 5,305 | -1.6% | 7,504 | 7,189 | +4.4% | 5,683 | 5,295 | +7.3% |
|
Total Group |
132,299 |
145,780 |
-9.2% |
107,585 |
110,982 |
-3.1% |
121 110 |
128,422 |
-5.7% |
|
in thousands of euros |
1 |
2 |
3 | ||||||
|
2023 |
2022 |
Var. |
2023 |
2022 |
Var. |
2023 |
2022 |
Var. | |
|
Common name homeopathic medicines | 45,234 | 45,516 | -0.6% | 42,231 | 43,360 | -2.6% | 39,305 | 41,081 | -4.3% |
|
Homeopathic specialties | 79,858 | 67 100 | +19.0% | 57,111 | 54,816 | +4.2% | 71,709 | 74,349 | -3.6% |
|
Other health products | 7,206 | 33,164 | -78.3% | 8,243 | 12,806 | -35.6% | 10,096 | 12,992 | -22.3% |
|
Total Group |
132,299 |
145,780 |
-9.2% |
107,585 |
110,982 |
-3.1% |
121 110 |
128,422 |
-5.7% |
Revenue for the third quarter of 2023 was down 5.7%. Restated for the drop in sales of COVID tests, this decline is limited to 2.8% and is exclusively linked to the deterioration of exchange rates.
The 4.3% decrease in sales of common name homeopathic medicines is still mainly attributable to France.
The turnover of homeopathic specialties fell by 3.6% due to the drop in sales of winter specialties in the context of a summery month of September.
The decline in sales of other health products continues and is explained by the drop in sales of COVID tests in Europe, particularly in France.
This drop was mitigated by the launch in France of the CBD by Boiron offer.
®
formulated from 98% ingredients of natural origin and composed of three products:
a gel cream which helps to regain flexibility and joint comfort,
a gel (tube and roll-on) which helps reduce tension and relax muscles.
CUMULATIVE TURNOVER AT THE END OF SEPTEMBER 2023
|
in thousands of euros |
2023 |
2022 |
Var. rate |
Var. rate |
|
France | 162,862 | 189,612 | -14.1% | -14.1% |
|
Europe (excluding France) | 93,437 | 96,448 | -3.1% | -0.8% |
|
North America | 86,287 | 81,334 | +6.1% | +8.6% |
|
Other countries | 18,407 | 17,789 | +3.5% | +3.9% |
|
Total Group |
360,994 |
385 183 |
-6.3% |
-5.2% |
|
in thousands of euros |
2023 |
2022 |
Var. rate |
Var. rate |
|
Common name homeopathic medicines | 126,771 | 129,957 | -2.5% | -2.1% |
|
Homeopathic specialties | 208,679 | 196 265 | +6.3% | +8.2% |
|
Other health products | 25,545 | 58,961 | -56.7% | -56.5% |
|
Total Group |
360,994 |
385 183 |
-6.3% |
-5.2% |
Cumulative sales decreased by 6.3%, impacted by the base effect from significant sales of COVID tests carried out in France in 2022. Excluding COVID tests, sales increased by 3%.
This growth concerns all geographic areas and is driven by sales of homeopathic specialties.
Outlook
The drop in test sales should lead to a decline in turnover for the year 2023 compared to 2022. Excluding test sales, turnover should be growing, depending on the year-end pathology .
We continue to put all our energy and determination into ensuring that every patient in the world can benefit from homeopathy and our other health solutions, in order to participate in the development of a more humane, more efficient and more sustainable health system. .
BOIRON Laboratories
Our next meeting: January 25, 2024: at the close of the stock market, publication of 2023 turnover.
Responsible for financial information: Valérie Lorentz-Poinsot
Financial information contact: Fabrice Rey
Shareholder relations: +33 (0) 4.37.41.84.01 – e-mail: [email protected]
ISIN code: FR0000061129 (BOI) – Bloomberg: BOI FP – Reuters: BOIR.PA
The group’s financial information and the glossary are online on the site: www.boironfinance.com
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Regulated information:
Quarterly financial information:
– Financial information for the third quarter
Full and original press release in PDF format:
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