April 28 2004 Turnover for the
3nd quarter of the 2003/2004 financial year
(Financial year 1st July – 30th June).
Turnover (excluding tax) in thousands
of euros.
2002/2003
2003/2004
Parent
Company
Financial income
1st quarter
21
46
2nd quarter
56
7,244
3nd quarter
61
147
138
7,437
Consolidated group
Turnover
1st quarter
96,706
100,099
+
3.5 %
2nd quarter
170,341
177,799
+ 4.4 %
3nd quarter
126,494
134,280
+ 6.2 %
393,541
412,178
+
4.7 %
The Damartex group posted turnover of €
134.3 million in the third quarter, up by 6.2% and generated mainly
in France. The group's growth was due essentially to the improvement
in the service rate.
Nine-month
sales to the end of March came to € 412.2 million, up by 4.7%
on a reported basis and by 7.1% on a comparable basis.
Growth in France remained steady at 8.3%. In both mail-order and
in-store sales, growth remained similar to that recorded in the
first half (autumn-winter).
Business in the United Kingdom stabilised in the third quarter,
bringing growth for the first nine months down to 8.8% at constant
exchange rates.
In Belgium, sales progressed again in the third quarter bringing
growth since the beginning of the financial year to 7.1%.
In Japan, third-quarter sales were up by 4.1%, thus reducing the
decline in sales since the beginning of the financial year to 3.5%
at constant exchange rates.
Turnover grew by 1.9% in Switzerland in the third quarter, despite
a still unfavourable base effect, but is nonetheless still down
by 7.2% at constant exchange rates compared with the previous year.
Consumer trends remain difficult for the fourth quarter.