Home / Knowledge / News / Apparel/Garments / Dawson improves its operating performance
Dawson improves its operating performance
20
Sep '08
Dawson International is one of the world's leading cashmere businesses. It operates in every aspect of cashmere from goat to garment.

- Turnover £41.7 million (2007: £40.1 million)
- Operating loss before non-recurring items £1.1 million (2007: £3.8 million)
- Improved operating results in all divisions
- Sale of Dorma trademark in July

Commenting on the half year results for the six months ended 28 June 2008, chairman Mike Hartley said: “I am encouraged by the performance of all of our businesses in the first half of 2008.

Despite challenging economic conditions turnover has increased from £40.1 million to £41.7 million and the first half operating loss before non-recurring items has reduced from £3.8 million to £1.1 million with all divisions improving their results. Order books for the second half are currently in line with our expectations.

“The economic climate is, however, challenging in all of our markets and we remain cautious in our assessment of the impact of consumer spending levels in our outlook for the full year and into 2009.

The disposal of the Dorma branded division will benefit funding and improve profitability in the longer term. We will continue to focus on improving profitability and implement changes where necessary to deliver acceptable returns on assets employed across all of our businesses.”

The Company will be making a presentation to analysts on Wednesday 3 September which will be available on the Dawson International website.

The Half Year Report for the six months ended 28 June 2008 will be dispatched to shareholders on 17 September 2008.

Dawson International


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Top executives
Textile industry, India

The event should be organised every year

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search