PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

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.

Absolute Equipment/Grand Rental Station
Portable Power from Absolute Equipment

•Compressors
•Lighting Systems
•Generators
•Light Compaction
Sales • Rental • Service
Call 1-866-931-6655
Over a century of
providing excellence.


Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !


International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment


    HoldTight Solutions Inc.
    NO FLASH RUST -
    NO CONTAMINANTS

    Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
    Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


    Harsco
    Find BLACK BEAUTY® Abrasives

    Use our online tool to search by address, city or zip code to find where you can buy BLACK BEAUTY® abrasives. Or call us toll free: 1-888-733-3646


    US Minerals
    US Minerals -
    Black Magnum

    With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.


    Mitsubishi Gas Chemical America
    Performance Amine 1,3-BAC

    A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.


    NLB Corporation
    VacLance cleans up as you do surface preparation

    Add vacuum recovery to any NLB rotating water jet lance with a VacLance attachment and vacuum source. Model DM32283 works vertically, horizontally and in corners.

  •  
     
     
    Technology Publishing

    The Technology Publishing Network

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

     
    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 2000-2015, 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