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2011 Second-Quarter Sales and First-Half Results
Second-quarter 2011 sales up a very strong 18.8%
. Faster organic growth, at 7.8% excluding petrol, versus 4.7% in the first quarter
- Very strong organic growth in international markets, with sales up 15.1%
- Accelerated organic growth in France, with sales up 3.2%
Market share in France up 0.2 point
First-half 2011: EBITDA up 7.1% and trading profit up 5.6%
. Excellent performances in International markets
. Gradual improvement in profitability throughout the period in France
Underlying attributable profit: €178 million (-14.3%)
Objective of asset disposals increased over €1 billion (vs. €700 million initially), of which €680 million already committed
The Group confirms the objectives set at the beginning of the year for 2011
It sets the objective to maintain its net debt/EBITDA ratio at a level below 2.2x at year-end
