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Complete Gross sales Grew By 9 Months
In France, the group recorded in the third quarter overall progress of 7.2% to E 19.6 million, including four.2% natural progress, confirming the developments noticed in the first half. In an financial local weather, nevertheless unfavorable, the group continued to reap the fruits of its marketing efforts. At 9 months, gross sales reached E 71.5 million a rise of 7.7% including 4.4% organic.
The group continues to strengthen its geographical place with the creation of the quarter of eight new centers that complement ferragamo spectator pumps the mesh of the group within the areas of Alsace, Aquitaine, Brittany, Ile de France (2), Nord-Pas de Calais, Rhone-Alpes and PACA. With 21 new centers created or acquired since the start of the year, the group is completely in line with its development plan, the community has now reached almost 440 centers. In addition, new creations and acquisitions presently under negotiation could be finalized before the end of the 12 months. Income totaled E 1.5 million, down barely from the previous yr (E-80K), but decreased by E zero.Three million on a comparable basis. After the phase of inner reorganization, the group is presently conducting focused advertising campaigns to increase mens wallets regularly the traffic centers, with an anticipated effect on gross sales in 2012. At 9 months, the turnover amounted to E 5.9 million, a degree equal to that of last yr.
The group expects to accelerate its growth within the fourth quarter as a consequence of a more favorable foundation of comparability in December, including traditionally the biggest billing month womens sandals of the year. Audika recall having set a objective for 2011 a complete turnover of round E 115 million coupled with an annual operating margin better than the first half. With nearly 440 centers in 90 departments and 14% market share, Audika is the ferragamo mens shoes French community of centers specializing in listening to aids. The group is current in Italy since 2007 where he now relies on a network of almost 60 centers. Positioned within the market for Seniors, Audika goals to consolidate its leadership in an area nonetheless very fragmented. Audika is listed on Euronext Paris, compartment B. SBF 250, CAC Mid & Small 190, CAC Small 90.