By  on March 25, 2010

BERLIN — In the five months ended Feb. 28, Douglas Group’s sales rose 1.4 percent to 1.6 billion euros, or $2.32 billion. On a like-for-like basis, revenues dipped 0.9 percent.

Dollar figures are converted at average exchange rates for the period.

Douglas’ perfumery division posted sales down 0.1 percent in the five-month period. On a like-for-like basis, they decreased 1.9 percent.

Chief executive officer Henning Kreke, speaking at Douglas’ annual general meeting in Hagen, Germany, on Wednesday, reconfirmed the firm’s earlier sales and earnings forecast for its full fiscal year. That prediction calls for revenues being flat to 2 percent up.Douglas maintains that earnings before taxes will range between 120 million euros and 130 million euros, or $162.2 million and $175.7 million at current exchange.

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