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Orchestra-Kazibao reports 8% sales growth in 2005

Feb '06
French childrenwear retailer Orchestra-Kazibao has reported consolidated sales turnover of €91.5m for 2005 against €84.5m over the same period in 2004, an increase of 8.3 percent.

For the fourth quarter, the sales turnover rose to €21.3m against €20.8m over the same period of 2004 in growth of 2.2 percent.

In France, the sales turnover of the exercise arises to €50.8m against €51.1m over the same period of 2004. The sales turnover controlled increased to €81.7m in progression of 11.2 percent.

The fall sensitive of the activity to the fourth quarter is due to a significant carry forward of deliveries customers in December 2005 over the first quarter 2006.

The sales turnover consolidated to international amounts to €40.7m against €33.3m on 2004, that is to say a growth of 22 percent.

The fourth quarter confirms this dynamics with a sales turnover in growth from 29 percent to €10.1m against €7.8m over 2004. Adding up today 475 points of sale in more than 45 countries, Orchestra confirms its position of international actor of first rank and is pressed on a solid relay of growth to make safe its development.

Taking into consideration these elements, Orchestra indicates that the carry forward of deliveries of the fourth quarter will weigh on the result before taxes; waited in fold compared to 2004.

Orchestra - Kazibao – The group's principal activity is to create and market ready to wear clothes, shoes and accessories for children aged 0-14. It is also into the operation of Internet sites, one in France for French teenagers (kazibao.net) and one in Canada (lescale.net).

The group has presence in 38 countries including Spain, Switzerland, Hong Kong, Canada, etc.


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