Head expecting slightly better results this year
Dutch athletic footwear and sports goods brand Head NV has said that it is anticipating that its full year revenues will be slightly higher than 2000, but with no expectations of a change in operating income. For the six months to the end of June this year, Head generated revenues of $152.9 million, a loss from continued operations before tax of $2.3 million and a net loss of $4.2 million. This compares to the six months to the end of June 2000, where revenues stood at $160.9 million, there was a loss before tax from continued operations of $7.1 million and a net loss of $9 million. Earnings per share for the period were $0.11 compared to $0.37 for the same period in 2000.