Kesa sales rise
Group says rise due to strong demand for new technologies but warned of a slowdown in the white goods market.
total group revenue rose 11.3% in the three months to October and 3% on a like for like basis as demand for multimedia during the back to school period and flat screen televisions continued. Comet’s revenue grew by 3.3 per cent, down 0.2 per cent on a like for like basis.
Darty’s revenue increased 4.3% on a like for like basis, while against strong comparatives, Comet’s revenue fell 0.2 per cent like for like
At BUT, revenue was 2.7 per cent.Chief Executive Jean-Noel Labroue said ‘This was a solid third quarter performance. Against the high comparatives of last year, all our businesses delivered revenue growth. Sales were led by the
continued demand for flat screen televisions and good sales of multimedia, particularly laptops, during the back to school period. Overall, the small negative mix effect on margin observed at the end of the first half continued throughout this quarter.”
