Ceva reports strong growth again in 2014
Consolidated sales of the Ceva Group reached €766m at the end of 2014, representing growth of 23% and +14.1% at a constant perimeter and exchange rates.
Sales grew in all areas and across all species with particularly strong performance being recorded in companion animals (+17.3%) and poultry (+14%).
The group delivered an operational result slightly ahead of the budgeted objective but also continued to make significant investment in R&D where spending exceeded 9% of sales.
The integration of Sogeval proved to be a major success with the creation of a new Ceva Sogeval campus in Laval, France and significant growth in sales (+21%) in France of the joint business.
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