On a comparable basis (including comparable deliveries and excluding retail turnover of Rigby & Peller UK) the consolidated turnover falls by 2.8%. This turnover development can be explained as follows:
A fall in wholesale turnover by 3.0% mainly due to a decline in backorders for the second quarter of 2012.
A fall in the retail turnover of Intimacy of about 10% in local currency and 1.7% in euro.
In Europe retail turnover of Rigby & Peller (the former Oreia) grows by over 8% thanks to the opening of new stores in Germany and Spain.
The retail turnover of Rigby & Peller in the UK contributes for an amount of m£ 4.5 (m€ 5.5). This represents a growth of about 4.5% on a store-to-store basis.
The results for the first semester including an outlook for 2012 will be announced on Friday 24 August 2012.
Van de Velde
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