The turnover from the comparable activities of retail group Macintosh Retail Group (excluding Scapino in 2006 and Superconfex in 2005) rose by 6.7 percent in the first half of 2006. All sectors contributed to this increase, which was attributable both to higher turnover at existing stores and to expansion.
Shoe retailer Scapino, which was acquired on February 1st 2006, achieved markedly higher sales compared with the comparable 5 months of 2005. Turnover from continuing activities (including Scapino) amounted to €469.9 million, compared with €365.8 million (excluding Superconfex and Scapino) for the first 6 months of 2005 (+28.5 percent).
Macintosh Retail Group's turnover was up 22.4 percent compared with the turnover published for the first six months of 2005 (€384.0 million, including Superconfex).
Turnover of the Living sector grew on balance by 3.8 percent from €164.8 million to €171.0 million, due to a rise in turnover at the home furnishing retail formats (Kwantum and GP Décors) and lower turnover at the furniture retail formats (Piet Klerkx and Stoutenbeek), partly as a result of the sale of the Stoutenbeek store in Axel.
The turnover from the continuing activities in the Fashion sector rose by €88.9 million to €149.3 million (2005: €60.4 million), due to significantly higher turnover at Hoogenbosch and the acquisition of Scapino in 2006.
BelCompany achieved higher turnover. It operated 45 shops more on June 30, 2006 than on June 30th 2005.
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