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FRANCE: Hermes FY profit rises on sales growth in Asia

2013-03-21 16:43:00| Daily apparel & textile news and comment - from just-style.com

French luxury brand Hermes has today (21 March) posted a 25% surge in full-year profit, driven by increased demand in Asia.

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FRANCE: Christian Dior posts nine-month sales growth

2013-03-05 13:31:00| Daily apparel & textile news and comment - from just-style.com

Christian Dior has posted an increase in nine-month revenue, driven by growth at its fashion and leather goods business.

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France Telecom Q4 sales down 4.5%, EBITDA falls 10%

2013-02-20 08:33:00| Telecompaper Headlines

(Telecompaper) France Telecom-Orange reported fourth-quarter revenues down 4.5 percent from a year earlier to EUR 10.92 billion, hurt by a continued contraction in the French market. Adjusted EBITDA declined 9.7 percent to EUR 3.14 billion, and the margin was down 1.7 percent to 28.7 percent. Capex increased 3.9 percent to EUR 2.12 billion, and operating cash flow was 29 percent lower at EUR 1.02 billion. Over the full year, cash flow of EUR 7.97 billion just met the operator's outlook for at least EUR 8 billion, and it reiterated a goal of at least EUR 7 billion for 2013. FT confirmed the total dividend will be at least the same amount in 2013 as last year, at EUR 0.80. The group's net profit fell to EUR 820 million in 2012 from EUR 3.895 billion in 2011, hurt by some EUR 1.84 billion in impairment charges on operations in Poland, Spain and Romania. For the year ahead, the company will focus on reducing costs across the group and generating at least 10 percent of revenue from mobile data services. In France, the aim is to maintain the mobile market share above 35 percent and reach 4G coverage of 30 percent of the population. In Europe, the group will focus on convergent offerings in seven countries and launch at least six network-sharing projects, while also improving its Net Promoter Score in all countries. In Africa and the Middle East, the company targets 8 million Orange Money customers by year-end, 12 million devices compatible with data services (+70%) and a 20 percent reduction in the mobile churn rate.

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FRANCE : Champagne value sales stable in 2012, despite volumes slip - figures

2013-02-14 17:01:00| Daily beverage news and comment - from just-drinks.com

Global Champagne sales in value terms held steady last year, despite a fall in volumes, according to recent figures.

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FRANCE: Hermes FY sales exceed expectations

2013-02-12 12:06:00| Daily apparel & textile news and comment - from just-style.com

French luxury brand Hermes said 2012 sales exceeded its expectations, driven by "persistently robust momentum in the fourth quarter".

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