This satisfactory overall trend confirms our forecast that – based on the current investment portfolio, i.e. adjusted for Christ Switzerland – the projected 4-6 percent increase in sales will be marginally surpassed during the 2004/2005 financial year. Furthermore, we still expect the result from ordinary business activities to rise to 114 – 116 million EUR,“ says Dr. Henning Kreke, President and CEO at DOUGLAS HOLDING AG.
The DOUGLAS Group numbers among Europe's leading trading companies. Our subsidiaries are high-performance retailers who rank among the market leaders and trendsetters in their industries. The strategy of European expansion has proved the right choice, emerging as a main engine for Group growth.