2010

In 2010, Cerep will focus on developing revenues from the sales of both existing and new services and from the capture of novel markets.
In Asia, the Group derives its revenues mainly from Japan. The presence of Cerep laboratories in China, scheduled to start commercialising services in the coming months, should bring new business opportunities in 2010.
Considering the difficulty to predict the timing of market recovery, and taking into account the persistent restructuring efforts of Cerep clients which impact outsourcing decisions, the Group is not in the position to announce specific guidelines for the year in progress.
Cerep efforts to decrease operating expenses in 2009 should allow, at constant revenue, to significantly improve EBITDA of continuing activities on a full year basis.