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Nov
02 2005 : Turnover
for the first 9 months of 2005: Continued organic growth of +10.6%
Confirming its return to a positive dynamic in the second quarter of
the 2005 financial year, Ginger recorded a proforma increase in turnover,
from € 138.37m to € 153.02m, i.e., an organic growth of +10.6%
for the first nine months of the year.
Oct
10 2005 : First
half of 2005: first significant growth
The Supervisory Board met on 27 September 2005 and examined the accounts
for the first half of 2005 as presented by the Management Board.
Aug
01 2005 : GINGER
finalizes the sale of LEM Laboratories
As all of the conditions precedent have been met, Ginger confirms the
sale of LEM Laboratories to the EUROFINS group.
July
28 2005 : First
half of 2005: Confirmed return to organic growth - Turnover up 7.8%
After an increase in turnover of 3.9% for the first quarter of 2005,
and as announced in its 6 July press release, Ginger confirms the Groups
improved growth, with an increase in turnover of 11.5% for the second
quarter of 2005, resulting in a total increase for the first half of
the year of 7.8% compared with the same period the previous year on
a comparable basis.
July
12 2005 : Half-year
report: Letter of intent for sale of LEM
After the general shareholders meeting held on 2 June 2005, which
decided to change the Ginger Groups type of management to a Supervisory
Board and a Management Board, the Supervisory Board met, chaired by
Jean-Marie Descarpentries and with Philippe Montagner as vice-Chair.
May
11 2005 : First
quarter 2005: Turnover up 3.9% on a comparable basis
In a slow economic context (weak growth and decreased public spending),
Gingers activity increased 3.9% to € 48.9 million, compared
with € 47.0 million in the first quarter of 2004 on a comparable
basis.
Mar
31 2005 : Turnaround
begun in 2004 / 20052007 Progress Plan
The Board of Directors met on 30 March 2005 for a meeting chaired by
Jean-Luc Schnoebelen held to close the accounts for the 2004 financial
year.
Feb
15 2005 : 2004
activity in line with forecasts
The GINGER group generated a turnover of € 213.7 million during
the financial year closed on 31 December 2004, compared with €
194.0 million in 2003. CEBTP Démolition, LTTP and BEFS were proportionally
consolidated over the 12 months of 2004, whereas they only contributed
to the second half of 2003. Excluding this change in the groups
structure, the turnover was of € 208 million, representing an organic
growth of 8%, in line with forecasts.
Feb
02 2005 : Nomination
of two new independent Board members Finalization of sale of Monitoring
and Safety of Lifting Equipment activity
The proper governing of the company, financial transparency, and the
independence of the supervisory bodies have been major concerns of GINGER
for many months.
In order to be a leader among the MidCaps in its various areas of activity,
GINGER created a Shareholders Club in November 2004 and, in December
2004, it appointed a censor for its Board of Directors, i.e., Viviane
Neiter, Chairwoman of the APAI (French Association for the Promotion
of Individual Shareholding).
Now, GINGER announces the nomination of two new renowned independent
Board members who will allow the group to accelerate its development.
Jan
03 2005 : EXCLUSIVE
AGREEMENT FOR THE SALE OF THE MONITORING & SAFETY OF LIFTING EQUIPMENT
ACTIVITY
During the latest financial information meetings, GINGERs management
stated that the ICT activity and non-strategic assets or activities
that cannot achieve maturity within the group would be sold.
As a direct result of these decisions, GINGER entered into an exclusive
agreement with VERITAS on 31 December 2004 for the sale of the Monitoring
and Safety of Lifting Equipment activity, which represents a turnover
of 6.7 million euro.
This exclusive agreement should result in a sale by the end of January
2005, once the various works councils have been consulted and the conditions
precedent have been met.
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