Press Release: 20 July 2011
LVL Médical Groupe reports growth.
Consolidated turnover at 30 June 2011: 125.6 M
Consolidated turnover as of 30 June 2011 was 125.6 M, against 113.9 M for June 2010 i.e. growth of 10.3%.
Founded in 1989 by Jean
Claude Lavorel, LVL Médical is
T/O today a reference player in Perimeter LVL Médical
T/O k France Germany excluding
Domiciliary Medical variation Groupe acquisitions
Assistance. In order to meet the growing needs of its Activities Domiciliary Intensive and Constant Acquisitions Total T/O medical care ambulatory perimeter (*) patients and prescribing care
Doctors, the Group, which originally specialised in 2011 76796 41354 118150 7476 125626 respiratory assistance, has 2010 71065 41657 112722 1207 113929 progressively extended its services to perfusion, enteral
Variation 8.1% -0.7% 4.8% 519.4% 10.3% nutrition and insulin pump
(*) Acquisitions concerning the German perimeter therapy in the home. LVL
Médical is also present in
Germany through its subsidiary
Bonitas, a market leader in FRANCE nursing and intensive care in the home and in dedicated Turnover in France reported on 30 June 2011 was 76.8 M, representing centres. growth of 8.1% relative to the first nine months of the previous year. The
Every day, almost 50,000 growth figure for the first six months of the year contains the impact of the patients receive care from LVL reduction in prices which applied from 1 April 2010. Turnover for May and
Médical and its
June 2011 was significantly higher than the average for the previous 2300 employees. months. Without the price reduction, growth in French turnover would have been above 10%.
For further information:
LVL Médical Groupe
Respiratory assistance, a longstanding group activity, was directly impacted
Financial Communication
Tel. 04 26 68 68 37 by the price reduction of April 2010 and shows a growth rate of 4.9%, with actionnaires@lvlmedical.com turnover at 46.2 M at 30 June 2011. Extracting the effect of this reduction, www.lvlmedical.com progress of the respiratory activity would have been 8.3%.
Business in Perfusion, Nutrition and Insulin therapy (PNI) continue to grow
Euronext
Compartment B Paris at a very significant rate of +12.9%, reaching a turnover of 30.9 M at 30
ISIN FR0000054686
June 2011.
Reuters LVLM.PA
Bloomberg LVL
These results reflect the Group’s organic growth capacity in a dynamic
Index:
CAC®Small sector.
GERMANY
Turnover by domiciliary nursing care and intensive care units confirmed its strong growth, reaching 48.8 M at 30 June 2010 against 42.8 M for 30
June 2010, representing a growth rate of 13.9%.
Action to improve profitability continues.
NEXT NEWS
LVL Médical Groupe will publish its turnover for the fourth quarter of the current year on 20 October 2011, after the stock market closes.
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