Vilmorin & Cie, SA Reports Consolidated Revenue Results for the First Quarter of Fiscal Year 2013; Provides Earnings Guidance for the Fiscal Year 2012-2013
The company can confirm the objectives announced for an increase in sales and operating margin for fiscal year 2012-2013. These objectives are based on an increase, like for like, of more than 6% in consolidated sales, and on a current operating margin of 11%, taking into account a research investment estimated to be EUR 180 million.