Compagnie St-Gobain - Lapeyre Sales Report
May 04 2000 - 6:48AM
UK Regulatory
RNS Number:9564J
Compagnie de Saint-Gobain
2 May 2000
Groupe Lapeyre
First-Quarter 2000 Consolidated Sales Up 13.6%
Groupe Lapeyre, which is 75%-owned by Saint Gobain, reported today that sales
rose by 13.6% to EUR 282 million (FRF 1,850 million) in the first three months
of 2000.
March 31, 2000 March 31, 1999 % change
EURm FRFm EURm FRFm
France
Lapeyre and GME 169.9 1,114.3 151.6 994.2 12.1%
SGM - Oxxo - Les Zelles 45.5 298.4 38.4 252.1 18.4%
K par K 30.5 200.5 22.3 146.3 37.0%
International 36.1 236.5 36.0 236.2 0.1%
Consolidated Total 282.0 1,849.7 248.3 1,628.8 13.6%
In France, the Group is evolving in a favorable business environment. All the
companies of the Group enjoy continuing strong growth. Lapeyre and K par K are
also benefiting from increased demand following the recent reduction in the VAT
rate.
Outside France, sales are unchanged compared to 1999 due to restructuring
programs underway in Germany. Activities for retailing subsidiaries and for
operations in Poland are progressing.
Sicovam code: 13051
Lapeyre - Investor Relations - www.groupe-lapeyre.com
Patrick Mallet
Tel: +33 (0)1 48 11 74 14
Fax: +33 (0)1 43 52 64 46
e-mail: patrick.mallet@lapeyre.fr
END
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