10/27/2005 : 2005 Third Quarter Sales

PPR sales rise 7.5% to €4,206.9 million in the third quarter and 5.2% to €12,301.3 million for the first nine months of 2005

• Outstanding performance by Luxury Goods:
- Third-quarter sales up 15.3% to €784.7 million
- Year-to-date sales up 15.7% to €2,135.5 million

• Rebound in Retail sales:
- Third-quarter sales up 5.8% to €3,428.2 million
- Year-to-date sales up 3.2% to €10,183.7 million


François-Henri Pinault, Chairman and Chief Executive Officer of PPR, stated:

"PPR’s sales growth in the third quarter underscores the relevance of our strategic choices and positioning in our two core businesses. The rebound in sales generated by our Retail companies, which delivered sales growth ahead of their respective markets, illustrates the impact of the measures we have taken. In particular, by consolidating its positioning as a discount retailer, Conforama achieved impressive market share gains in France, particularly in brown and grey goods. In Luxury Goods, almost all of our brands continued to report strong sales growth - and some achieved truly outstanding increases - while the comparative base becomes higher with each passing quarter. We are therefore confident as we enter the last quarter of the year, which is also the most important for our businesses."

Download the press release
(.pdf - 120 Ko)

For the first time, PPR is releasing its third-quarter sales figures in accordance with International Financial Reporting Standards (IFRS). The change in revenues by activity for the third quarter and first nine months of the year is as follows:

CONFERENCE CALL

PPR will host a conference call for analysts, investors and journalists: at 3.00 p.m. (Continental Europe) / 2.00 p.m.  (United Kingdom) / 9.00 a.m. (US East Coast) on Thursday, October 27, 2005.

EUROPE: +33(0)1 55 17 41 44
Replay: +33(0)1 71 23 02 48

UK: +44(0)20 7784 1020
Replay: +44(0)20 7784 1024
 
US: +1 718 354 1157    
Replay: +1 718 354 1112

Replay access code: 6645698#

PRESENTATION

Slides will be available on www.pprfinance.com before the conference call.

CONTACTS

Media:  
Lorie Lichtlen
+33 1 45 64 65 06
Catherine Malek  
+33 1 45 64 61 20

Analysts/Investors: 
Alexandre de Brettes  
+33 1 45 64 61 49

Media website: www.pprlive.com
Analysts/investors website: www.pprfinance.com