PRESS RELEASES

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01/26/2007

Turnover of the first six months of the exercise 2006-2007

 

   
Consolidated group
2005/2006
2006/2007
% Variaton
1st quarter
117,7
111,5
-5.3%
2 nd quarter
186,1
182,4
-2.0%
First six months
303,9
294,0
-3.3%

The sales turnover arises to 294,0 M€ at at the end of December, in withdrawal of 3,3% compared to last year on similar date. It is registered in fall of 5,3% over the first quarter and 2,0% over the second quarter.

France is in retreat of 4,5% over the six-month period (- 5,8% in the first quarter and -3,7% in the second quarter) the International one posts a withdrawal more limited of 1,4% (- 4,5% in the first quarter and +0,8% in the second quarter).

The activity was affected mainly by the weakness of consumption in clothing, in particular in France. This one is the consequence of an abnormally high level of the temperatures during all the Automne season - Winter. Like it was indicated at the time of the last General meeting, the efforts of investment medium term logically will weigh on the results: widening of the line of goods, redeployment of the information systems, international development,…

Nevertheless, vis-a-vis the current environment, Damartex implements and will put specific action plans to optimize commercial and financial management in the short and medium term.

January 26, 2007

Profile
Damartex is one of Europe's leading distributors of clothing and accessories for seniors. The company sells through catalogues (home shopping) and stores with its main markets in France, Great Britain and Belgium.

Agenda
Publication of the results of first half of the year: March 6, 2007

Contact
Damartex: Jacques Taccoen – Phone: +33 320 11 45 30 /
Shan: François-Xavier Dupont – Phone: +33 144 50 58 74

http://www.damartex.com

   

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