Growth of turnover as targeted (+ 9.3 %)
Sharp increase in offshore business (+ 44.3 %)

 

(in millions of euros)
31.12.2001
31.12.2000
Variation %
Group consolidated turnover
1 087.9
995.1
9.3
Distribution
720.0
647.7
11.2
France
617.9
580.8
6.4
International
102.1
66.9
52.6
Maritime Services
342.4
322.3
6.2
Towage and assistance
110.7
120.2
(7.9)
Offshore oil fields
100.6
69.7
44.3
Bulk transport
107.5
96.9
10.9
Miscellaneous
23.6
35.5
(33.5)
Other business
25.5
25.0
not signif.

Distribution

The Distribution branch continues to develop steadily :

  • business in France (Réunion), 86 % of turnover in this sector, posts highly satisfactory growth figures (+ 6,4 %) and illustrates the commercial dynamism of our outlets,
  • our international business policy has generated a significant (+52.6%) development of turnover in this sector. This policy includes the opening of two new stores in Vietnam (March and April 2001), one in Mayotte (May 2001) and the acquisition of a store on Mauritius (October 2001).

It may be noted that, following the increase of Vindémia capital subscribed by Casino, the Distribution branch will be consolidated proportionally (66.66%) as of January 1st 2002.

Maritime Services

The following factors should be borne in mind when considering the development of turnover in our Maritime Services branch:

  • the transfer of our passenger transport business and the closure of our coastal cruise business in the French West Indies (in the first semester of 2001),
  • assistance missions which cannot be compared directly with those of the year 2000 (Erika),
  • promising development in deep offshore business, the development axis targeted by the Group for the next coming years.

To improve liquidity, Groupe Bourbon shares (French Secondary Market Code Sicovam 6590 — SBF 250) were transferred as of 11th February 2002 from the " cotation fixing " quotation category to the " cotation continu " category.

Company contact: Patrick Mangaud, 01 40 13 86 09 (dial international 33 140 138 609 from outside France), pmangaud@groupe-bourbon.com