• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Damartex FY20 result: turnover €686 mn; net loss €59 mn

25 Aug '20
1 min read
Pic: Damartex/ La Maison du Jersey
Pic: Damartex/ La Maison du Jersey

Damartex, a French company specialising in clothing, reported 4.7 per cent turnover decline to €686.2 million in fiscal 2020 ended on June 30, 2020 compared to turnover of €720.0 million in previous fiscal. Group incurred a net loss of €59.4 million (FY19: €33.4 million) during the year. Operating EBITDA fell 74.8 per cent to €3.5 million (€13.9 million).
 
According to the group’s press release, fashion division sales were down 8.8per cent to €500.0 million. However home & lifestyle business grew 7.7 per cent to €164.1 million due to a dynamic second half of the year. 
 
The newly created healthcare division which includes the Sédagyl and Santéol brands, grew 13.5 per cent to €22.1 million. Capex for the year was €12.6 million (€17.2 million).

Fibre2Fashion News Desk (JL)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search