Strong improvement of the financial structure Net financial debt comes to 12.3 M€. down by 25.5 percent from the previous financial year. At that level, it now represents only 26.7 percent of shareholders' equity. The ratio of cash flow to net financial debt stands at 68.6 percent against 41 percent in 2004.
Higher dividends In view of these good results, the Executive Board will put a proposal to the next Shareholders' Meeting to pay a dividend of 1.0 € (+23.5 percent) paired with an option for payment in shares.
2006 prospects The performance posted in the past financial year confirms the company's development strategy.
The emphasis this year will be on strengthening positions in France, Spain and Italy, mainly by affiliation, but also by opening branches on a case by case basis (retail parks in France, a flagship in Madrid), and conclusion of distribution partnerships on some new European markets. Thus an initial sales outlet was opened in Ireland in March 2006, while a distribution contract for Greece has just been concluded.
In this context, Du Pareil Au Même's objective is to boost its earnings significantly in 2006.
Created in 1986, Du Pareil au Même(DPAM)specialises in the creation and distribution of children's clothing. The Group has three signs: DPAM Enfants (DPAM Children), DPAM Bébé (DPAM Baby) and DPAM Chaussures (DPAM Shoes).
Du Pareil au Même is a forerunner in children's fashion that has favoured strong creativity and the best price-quality ratio since the outset. Its products, said to be 'all round', are designed for all children from birth to the age of 14.
marketing@alchempro.com
