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Complete Gross sales Grew By 9 Months
In France, the group recorded in the third quarter overall growth of 7.2% to E 19.6 million, together with 4.2% organic growth, confirming the tendencies observed in the first half. In an economic local weather, nonetheless unfavorable, the group continued to reap the fruits of its marketing efforts. At 9 months, gross sales reached E 71.5 million an increase of 7.7% together with four.4% natural.
The group continues to strengthen its geographical place with the creation of the quarter of eight new centers that complement 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 beginning of the 12 months, the group is perfectly consistent with its development plan, the community has now reached nearly 440 centers. In addition, new creations and acquisitions at present below negotiation may very well be finalized earlier than the tip of the yr. Revenue totaled E 1.5 million, down slightly from the previous yr (E-80K), but decreased by E 0.Three million on a comparable foundation. After the phase of inner reorganization, the group is at present conducting targeted advertising campaigns to extend mens wallets gradually the visitors centers, with an anticipated effect on gross sales in 2012. salvatore ferragamo uk mens shoes At 9 months, the turnover amounted to E 5.9 million, a stage equivalent to that of last 12 months.
The group expects to speed up its development in the fourth quarter attributable to a more favorable basis of comparison in December, including traditionally the largest billing month womens sandals of the year. Audika recall having set a goal for 2011 a complete turnover of around E a hundred and fifteen million coupled with an annual working margin larger than the primary half. With almost 440 centers in 90 departments and 14% market share, Audika is the ferragamo mens footwear French community of centers specializing in listening to aids. The group is current salvatore ferragamo uk mens shoes in Italy since 2007 where he now depends on a network of nearly 60 centers. Positioned in the marketplace for Seniors, Audika aims to consolidate its leadership in an space still very fragmented. Audika is listed on Euronext Paris, compartment B. SBF 250, CAC Mid & Small 190, CAC Small ninety.