International growth of Douglas perfumeries boosts H1 profit

08 May '08

3 min read

In the past year, five sales days took place in April, which falls into the third quarter (April to June). Sales development as of the end of April with the Easter shift depicts an adjusted view.

Group sales after the first seven months (October 1, 2007 to April 30, 2008) stood at 2.0 billion EUR, 5.8 percent higher than in the previous year. Excluding the prior year's sales of Pohland and René Kern, the DOUGLAS Group reported a sales boost of 9.5 percent.

Like-for-like sales were 2.5 percent higher than in the previous year. Earnings before taxes (EBT) of the DOUGLAS Group reached 136.5 million EUR for the first half year 2007/08 following 131.1 million EUR last year.

Besides the Douglas perfumeries abroad, the Thalia bookstores, Christ jewelry stores and the Hussel confectionery shops also contributed to this performance.

Group net income climbed to 88.8 million EUR in the first six-month period 2007/08 following 86.3 million EUR the previous year. Earnings per share totaled 2.26 Euro after 2.19 Euro a year earlier.

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