Brief: Bogart Group Q3 Turnover Up 153.4% Y/Y, FY Outlook Confirmed

Bogart SA

13/11/2019 07:17

Nov 13 (Reuters) - Jacques Bogart SA  JBOG.PA :
    * GROWTH SURGE CONTINUES - Q3 2019 TURNOVER UP 153.4%
    * Q3 2019 CONSOLIDATED TURNOVER OF EUR 67.9 MLN, UP 153.4%
FROM
EUR 26.8 MLN IN Q3 2018
    * 2019 TARGETS IS CONFIRMED AND PRIORITY GIVEN TO PROFIT
MARGINS
    * IN Q4, BUSINESS IS TO CONTINUE TO BE DRIVEN BY RAMP-UP OF
BRANDS
ACROSS GROUP'S OWN-BRAND CHAIN AS WELL AS IN PARTNER RETAIL
OUTLETS
    * IN 2020, GROUP PLANS TO INVEST IN TWO PRIORITY BRANDS,
JACQUES
BOGART ( SILVER SCENT FRAGRANCE) AND STENDHAL
    * GROUP IS CONSIDERING NEW DEVELOPMENT PROJECTS FOR NEW
BRANDS,
EITHER THROUGH CREATION OR UNDER LICENCE, WHILE REMAINING ON
LOOKOUT FOR OPPORTUNITIES TO FURTHER BROADEN ITS OWN-BRAND
RETAIL NETWORK

Source text for Eikon:  ID:nACT60965 
Further company coverage:  JBOG.PA 

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