18th Jan 2007 07:00
Kesa Electricals plc18 January 2007 18 January 2007 Trading Update Kesa Electricals plc today announces a trading update for the period 1 November2006 to 8 January 2007, based on unaudited management accounts. Turnover growth as reported +--------------------+-----------------------+|Darty | 4.0% |+--------------------+-----------------------+|Comet | 7.7% |+--------------------+-----------------------+|BUT | 4.4% |+--------------------+-----------------------+|Other* | 22.5% |+--------------------+-----------------------+|Group Total | 7.3% || | |+--------------------+-----------------------+ Turnover growth in local currency +--------------+--------------+---------------+| | Total | Like-for-like |+--------------+--------------+---------------+|Darty | 5.1% | 4.6% |+--------------+--------------+---------------+|Comet | 7.7% | 7.5% |+--------------+--------------+---------------+|BUT | 5.6% | 5.0% |+--------------+--------------+---------------+|Other* | 23.2% | 9.6% |+--------------+--------------+---------------+|Group Total | 8.1% | 6.4% |+--------------+--------------+---------------+*BCC, Vanden Borre, Datart, Darty Italy, Darty Switzerland, Darty Turkey Total Group revenue increased by 8.1 per cent in local currency, up 6.4 per centon a like for like basis. All our businesses delivered good sales growth helpedby the strong demand for new technologies, particularly flat screen televisionsand multi media, and the continued return to positive growth for white goods. Darty's revenue grew by 5.1 per cent in local currency, 4.6 per cent like forlike. Darty Box was rolled out to all stores on schedule following the launch inParis at the end of October. Revenue growth at Comet was particularly strong, 7.7 per cent and 7.5 per centon a like for like basis. Revenue at BUT increased by 5.6 per cent in local currency against weakcomparatives. Total store sales grew by 7.1 per cent, up 5.0 per cent like forlike. Our Other Businesses* delivered another strong revenue performance, up 23.2 percent in local currency, 9.6 per cent on a like for like basis. The first Dartystore in Turkey was opened in Istanbul ahead of schedule in December. Chief Executive Jean-Noel Labroue commented, "Sales remained robust over our peak pre and post Christmas trading period andall our businesses delivered good revenue performances. Sales were again led bystrong demand for new technologies, particularly flat screen televisions and laptops, and sales of white goods continued to show positive growth. Margin mixduring the period followed the trends observed throughout the year." ENDS Kesa Electricals plc's preliminary results for the year ended 31 January 2007will be announced on 21 March 2007. Enquiries Analysts Kesa Electricals plcSimon Ward +44 (0) 20 7269 1400 Media Kesa Electricals plcAnnabel Donaldson UK +44 (0) 20 7269 1400Guy Lavaud France +33 (0) 1 43 18 52 00 Finsbury Abigail Irving-Bell UK +44 (0) 20 7251 3801 Euro RSCGLaurent Dondey France +33 (0) 1 58 47 95 17 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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