PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

JPCL FREE Trial

Paint and Coatings Industry News

Main News Page


Sperian Announces First Half Results

Thursday, September 3, 2009

Comment | More

Sperian Protection (Paris, France), a manufacturer of personal protective equipment, announced its results for the first half of 2009. Consolidated sales fell by 13.6% to €326.9 million, compared to the first half of 2008.

The recent acquisitions of height safety companies Combisafe and Musitani contributed approximately €14 million in revenue, and the strengthening of the dollar versus the euro contributed nearly €12 million.

Income from operating activities was around €25.3 million in the first half of 2009, compared to €57.8 million in 2008. The operating margin dropped from 15.3% to 7.7%.

The company decreased its net debt to €261 million by the end of June 2009, down from €303 million at the end of December 2008. Cost-cutting measures include cutbacks in production capacity. The company plans to reduce its total work force by 1,200 employees by the end of the year, and already eliminated 650 positions in the first half of 2009.

   

Tagged categories: Earnings reports; Finance

Comment Join the Conversation:

Sign in to our community to add your comments.

MSA (The Safety Company)
Free Whitepaper: A Quick Guide to Air-Purifying Respirators

Download a whitepaper on air-purifying respirators and powered air-purifying respirators from the safety experts at MSA.


Mascoat
Global Leader In Thermal Insulating Coatings

Our coatings are uniquely engineered and manufactured in-house to fulfill market-specific needs, enhance energy retention, prevent CUI and protect personnel.


Hempel (USA) Inc.
Real Coating
for Real Protection

Hempel's protective coatings cover a wide range of applications across multiple industries from oil and gas to power generation to infrastructure.


DRYCO
The one way to control
a tank: DRYCO

Temporary climate control equipment. Dehumidifiers,
Heaters, A/C, Power, More…
Toll Free: 866-379-2600


Sherwin-Williams
Ask Sherwin-Williams

Does your Paint company know where your Paint is?
If your paint company is Sherwin-Williams it does.
Leave Nothing to Chance


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Blastox/The TDJ Group, Inc.
Blastox - One Step
Lead Abatement

Don't waste $$ on added labor steps with other methods. Don't mix, meter or apply at the job-site. Avoid strict hazardous waste rules.
Let your painters paint!

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2013, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com