Cegedim announced sales results for the fourth quarter and full year of 2013. The company saw its revenues decline by 0.5% like for like in the fourth quarter of 2013. Its consolidated revenues fell by 2.6% on a reported basis, to EUR 254.0 million.

Over the full year 2013, revenues amounted to EUR 902.3 million, down 2.1% on a reported basis and 0.5% like-for-like.

Considering the level of revenues at end-2013, the Group expects its operating margin from recurring operations to improve in a range of 0 to 50 basis points.

Unless market trends change significantly, the Group expects stable revenues in 2014 and around half a point improvement in its operating margin from recurring operations.