Brantano reports results for first nine months
Belgian footwear retailer Brantano Group achieved an operating profit of €16.4 million and an operating cash flow of €23.1 million during the first nine months of 2005. The post-tax result on continued activities rose 9.9% to € 9.6 million and post-tax net results improved by 14.5% to € 6.4 million. In the third quarter the operating result rose by 5.6%, the pre-tax result on continued activities by 18.6% and the net post-tax result by 36.4%.
The group's consolidated turnover for the first nine months of 2005 totalled €224.7 million. This represented a decrease of 0.3% compared with the comparable period in 2004.