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Q3 Trading Update

10 Jan 2005 07:00

Marchpole Holdings PLC10 January 2005 For Immediate Release 10 January 2005 Marchpole Holdings plc Q3 Trading Update '31% increase' - 'Strong demand' Marchpole Holdings plc, which designs, produces and sells high quality clothingand accessories for six world class brands (Yves Saint Laurent, Boateng,Jean-Charles de Castelbajac ('JCC'), Rossignol, Emanuel Ungaro and Ungaro) ispleased to announce their third quarter trading results for the period ended 1January 2005. Strong demand for all brands has delivered sales of £6.2m (2003: £4.7m) 31%ahead of prior year. Cumulative sales for the nine months to 1 January 2005 are £21.8m (2003: £12.6m)72% ahead of prior year. Chief Executive, Greg Tufnell commented: "We are very pleased with the quarterly and year to date performance of thecompany, including our strong trading over the Christmas period. Our brandscontinue to be well received by our customers and we continue to experienceexcellent sell throughs. "The Autumn Winter 2005 collections are now ready for sale, including the newEmanuel Ungaro and Ungaro collections, and we remain confident about theprospects for the full year and for the future." For further information contact: MarchpoleGreg Tufnell - Chief ExecutiveJustin Hampshire - Finance Director020 7908 7700 Shore CapitalAlex Borrelli020 7408 4090 Buchanan CommunicationsTim Thompson / Nicola Cronk020 7466 5000 Notes to editors: Marchpole announced in September 2004, strong interim results for the sixmonths ended 2 October 2004, with operating profit up 194% to £2.6 million(2003: £0.9m) on increased turnover of £15.7 million (2003 : £8.0 million). This information is provided by RNS The company news service from the London Stock Exchange
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