Group sales for Lafuma over the first quarter of FY 2005/06 were up 27 percent when consolidating Oxbow and +2.7 percent on a like-for-like basis.
The following 3 factors were noteworthy: (1) Solid growth in international sales + 19.6 percent and + 7.1 percent on a like-for-like basis, (2) Growth expected in all product lines and collections except for camping furniture which will not see a turnaround from corrective actions until 2007 and (3) An excellent end of season for Oxbow with sales at €9 million compared to €6.3 million over the same period in 2004.
And lastly, Lafuma confirms the launching of an operation to infuse new equity capital in order to advance its internal and external growth objectives. It will hold its general shareholders' meeting on January 25, 2006.
Lafuma SA's principal activity is the manufacture of outdoor equipment.
The company operates through the following sectors: OUTDOOR GENERAL PUBLIC (rucksacks, waterproof clothing, sleeping bags, school bags, camping equipment); TECHNICAL (bags, clothing, footwear, ropes); HUNTING-FISHING-COUNTRY (boots, clothing).
Clothes accounted for 42 percent of fiscal 2002 revenues; camping equipment, 23 percent; bags and material, 20 percent and footwear, 15 percent.