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Certis Europe reports continued growth

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Maarssen, The Netherlands
June 30, 2008

In line with corporate targets, Certis Europe has reported year end results of €113 million, showing a 31% increase in turnover to March 2008. This continues the significant year on year growth posted since the company’s launch in late 2001.

In the first full year of trading after the acquisition of the Luxan market division in December 2006, the addition of the Gro-Stop range of CIPC products to the Certis portfolio has produced excellent results and has strengthened Certis’s position in the strategically important potato sector. Additional growth was seen from seed treatment product, imazalil, with sales increasing in both potatoes and cereals. A strong performance from Valbon™, in what was a very good year for potato blight fungicides in Belgium, Netherlands and the UK, contributed further to the success of the business. A particularly wet summer in the UK led to record sales of the Certis range of molluscicides, which were also brought into the portfolio as a result of the Luxan acquisition.

Introduction of new products and increased sales in all Certis branch operations have led to growth in excess of the market as a whole. In Spain Certis has made a major step forward in its penetration of the protected crops sector. Working closely with Biological Crop Protection (BCP), Certis Spain has been able to influence and then respond to an exceptionally high demand for beneficial insects over the last year, as well as developing integrated pest management programmes to support grower needs.

From 1st April 2008 Biological Crop Protection Ltd has been fully integrated into Certis Europe and rebranded BCP Certis. This change will allow Certis to take full advantage of the synergies between the two businesses in developing integrated pest management strategies for high value crops.

Bob Skillicorn, CEO Certis Europe comments “We are pleased to report another successful year for Certis in the increasingly competitive environment in which we operate. We see the full integration of BCP Certis as a key step towards the realisation of our growth opportunities and targets.”

 

 

 

 

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