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ORAP Orapi SA News Story

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Brief: 2014 Orapi Group turnover rises to 220.1 million euros

Jan 19 (Reuters) - Orapi SA  ORPF.PA : 
    * FY 2014 Orapi Group turnover reached 220.1 million euros 
($255.87 million), increasing by 4.7 pct on a current basis 
(+4.6 pct at constant exchange rates) compared to FY 2013 and 
decreased slightly on a like for like basis (-2.8 pct) 
    * Acquisition of Pro Hygiene Service (PHS) confirmed 
    * Definitive share purchase agreement for acquisition of PHS 
group signed on Jan. 14  
    * To establish new company consisting of Argos and PHS : 
Orapi Hygiene 
    * Confirms its targets: EBITDA > 8 pct within next 3 years 
and export sales x 3 
 
Source text for Eikon:  ID:nFWN0UY01W  
Further company coverage:  ORPF.PA  
 
($1 = 0.8602 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: ORAPI

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