Q3 Trading Update
January 21 2004 - 1:00AM
UK Regulatory
RNS Number:4586U
Marchpole Holdings PLC
21 January 2004
For Immediate Release 21 January 2004
Marchpole Holding plc
Q3 Trading Update for the 3 Months Ended December 2003
"Continued Progress at Marchpole"
Marchpole Holdings plc, which designs, produces and sells high quality clothing
and accessories for the YSL and Boateng brands, today announces Q3 trading
performance ahead of Director's expectations.
Strong demand for both the YSL and Boateng brands produced sales for the third
quarter of #4.7m with operating profits of #393,000. Cumulative operating
profits for the nine months to end December 2003 are #1.2m versus a loss for the
comparable period last year of #0.6m.
Chief Executive, Greg Tufnell commented:
"With the retail picture uncertain I am delighted that we have completed the
Autumn Winter season with strong sell throughs and a fully delivered order book.
The 4th quarter is our strongest and the new season deliveries are progressing
well with forward order books for Spring Summer now approaching #12.0m."
For further information please contact:
Marchpole: 020 7908 7777
Greg Tufnell, Chief Executive
Justin Hampshire, Finance Director
Buchanan Communications: 020 7466 5000
Tim Thompson / Nicola Cronk
This information is provided by RNS
The company news service from the London Stock Exchange
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