23
Fashion Jobs
BEST SELLER
Payroll Coordinator Slovenia
Permanent · LJUBLJANA
JACK & JONES
Sales Representative Jack & Jones Slovenia
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · KOPER
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · CELJE
BEST SELLER
Business Developer
Permanent · LJUBLJANA
BEST SELLER
Finance Business Partner
Permanent · LJUBLJANA
NAME IT
Sales Representative Name IT Slovenia
Permanent · LJUBLJANA
SELECTED FEMME/HOMME
Sales Representative Selected Slovenia
Permanent · LJUBLJANA
VERO MODA
Sales Representative Vero Moda Slovenia
Permanent · LJUBLJANA
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
H&M
Prodajalec (m/ž) - Sales Advisor 40h
Permanent · MURSKA SOBOTA
SPORTS DIRECT
Prodajalec - Sports Direct, Btc
Permanent · LJUBLJANA
H&M
Prodajalec (m/ž) - Sales Advisor
Permanent · LJUBLJANA
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Celje City Center/Slowenien
Permanent · CELJE
JACK & JONES
Shop Manager (Fulltime) Jack & Jones Celje City Center/ Slowenien
Permanent · CELJE
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Planet Koper/Slowenien
Permanent · KOPER
JACK & JONES
Store Manager (Fullime) Jack & Jones Planet Koper / Slowenien
Permanent · KOPER
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
BEST SELLER
People & Culture Business Partner
Permanent · LJUBLJANA
BEST SELLER
Marketing & Communications Specialist
Permanent · LJUBLJANA
BEST SELLER
Accounts Receivable
Permanent · LJUBLJANA
By
AFP
Published
Jun 17, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

Lafuma sees deeper losses in first half-year

By
AFP
Published
Jun 17, 2009

The textile and sporting equipment group Lafuma has seen its net loss swell in the first half-year (up until the end of March) of its activities for 2008/2009, but sees an “improvement” of its situation in the second half-year period, it announced on Thursday 4 June in a press release.


Lafuma

The group showed a net loss of €3.2 million, up from €0.7 million in the same period of 2007/2008, it stated. At the operational level, the results tipped into the red with a loss of €3.1 million compared with a profit of €0.7 million a year earlier. Turnover increased by 7.2% to €129.6 million, but decreased on the perimeter by 4.9% owing to exchange rate fluctuations.

Activity has been maintained by sales in own name stores held by the group, as well as in Asia, whereas specialist distributors in France and in Europe have receded “under the double effect of the policies of running down stock and lifeless consumption in the market”, explained the group.

The integration of mountainwear manufacturer Eider, acquired in mid-2008, translated to an operational loss of €0.6 million, “principally linked to the action of destocking”, specified the group. The restructuring undertaken after the acquisition caused a loss of €3.2 million, they added.

Mentioning the months to come, Lafuma said that they expect an “improvement in everyday operational performances” in the second half of the year.

The group, which recently raised €10.4 million from its shareholders, highlighted having “secured” is finance from its banks. Lafuma had indicated at the end of 2008 wanting to focus on improved results and profitability in 2009, to the detriment of its growth.

For the period 2007/2008, finishing at the end the end of September 2008, the group recorded a drop of 46.2% in net profit to €1.6 million, whilst turnover increased 4.6% to €262.1 million. Operational profit dived by 32.2% to €5.8 million.

By Jonathan Fulwell (Source: AFP)

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.