PaintSquare.com


The First Word in Protective & Marine Coatings

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

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.

DeFelsko Corporation
PosiTector Dew Point Meter

Measures and records
environmental conditions
during surface prep and
painting. 4 Models
Available – Standard
or Advanced features,
Built-in or Separate probe.


Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at
thermioninc.com
877.884.3428


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

Join SSPC and Enhance
Your Career !


GMA Garnet USA
GMA Garnet™
Natural Abrasives

- Superior cleaning
  performance
- Even Profile
- Low Dust
- Cost-Effective
- Environmentally friendly
- Recyclable up to 5 times
Tel : +1 832 243 9300


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Truss bridge treated with Termarust's (HR CSA) in 1995. This highway & rail truss bridge is still stable and there still is no active corrosion.


Mohawk Garnet
Enska by Mohawk Garnet™

A safe, efficient and economical abrasive alternative to slag and sand products. More information
at 1.866.642.7638 or info@mohawkgarnet.com Email for follow up – mheilimo@mohawkgarnet.com


Carboline Company
Hyrdrocarbon Fire & Jet Fire Protection

Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology

 
 
 
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 2000-2014, 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