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Stallergenes: 2008: Sales Up 16% - Excellent Performance - Guidance Exceeded
Date:1/15/2009

    ANTONY, France, January 15 /PRNewswire-FirstCall/ --

       EUR millions           2007          07/06         2008        08/07
                           EUR     % sales % change   EUR    % sales % change
                        millions                    millions

    Southern Europe (1)   32.0       75       14      36.4     73       14
    Other EU Countries     9.7       22       17      11.3     23       17
    (2)
    Other markets          1.4        3       10      2.0       4       45
    SLIT                  34.6       80       21      40.4     81       17
    SCIT                   7.1       17       4       7.5      15       6
    Other products         1.4        3      (25)     1.8       4       32
    Total Q4 sales        43.1       100      15      49.7     100      15
    Southern Europe (1)   109.2      74       17     124.9     73       14
    Other EU countries    32.5       22       16      38.5     23       18
    (2)
    Other markets          5.4        4       11      7.5       4       38
    SLIT                  116.5      79       21     137.9     81       18
    SCIT                  24.9       17       3       26.3     15       6
    Other products         5.7        4      (7)      6.7       4       16
    Cumulative 12-month   147.1      100      16     170.9     100      16
    sales

    (1) Portugal, Spain, France, Italy, Greece; (2) Switzerland included
    Sales growth and financial position, 2009 outlook

4th quarter sales continued to register strong growth in all markets (up 15%, after 15% in 2007). The performance of non-EU markets in particular was remarkable during the quarter, as throughout the whole year. The sub-lingual route remained the main driver of this growth with an 18% increase over the financial year.

Overall, 2008 sales totalled EUR 170.9 million, an increase of 16%, in line with the strong growth consistently achieved since 2003 (ave
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SOURCE Stallergenes
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