1 / 20

Giordano International Limited (Stock code: 709) May 22, 2008 (Thursday)

2008 First Quarter Results. Giordano International Limited (Stock code: 709) May 22, 2008 (Thursday). Group Operations Highlights Three Months Ended March 31, 2008. Group turnover  15.1 % Retail & Distribution turnover  16.4% Comparable store sales  5.3%

remedios-carrillo
Download Presentation

Giordano International Limited (Stock code: 709) May 22, 2008 (Thursday)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2008 First Quarter Results Giordano International Limited (Stock code: 709) May 22, 2008 (Thursday)

  2. Group Operations Highlights Three Months Ended March 31, 2008 • Group turnover  15.1% • Retail & Distribution turnover  16.4% • Comparable store sales  5.3% • Mainland China retail sales  40.8% • Mainland China gross profit  61.3% • Group gross profit  17.2% • Group gross margin 46.9% • Net cash & bank balances (HKD millions) 561 • Inventory turnover on sales (days) 27 Giordano 2008 First Quarter Results

  3. Divisional Highlights 1 Sales to external parties, net of intra-group sales • Group turnover increased by 8.3% YOY in Apr-08. Giordano 2008 First Quarter Results

  4. Retail & Distribution Turnover by Brand Three Months Ended March 31, 2008 BSX, 5% (7%)1 Giordano Ladies, 5% (6%)1 Giordano Concepts, 5% (3%)1 Giordano & Giordano Junior, 85% (84%)1 1 YOY figures in brackets. Giordano 2008 First Quarter Results

  5. Retail & Distribution Division Operations Highlights • 1Q08 Retail & Distribution gross margin widened to 49.4% (1Q07: 48.0%). • Apr-08 Retail & Distribution sales and increased by 10.0%. Giordano 2008 First Quarter Results

  6. Retail & Distribution Division Operations Highlights 1 Inclusive of outlets operating for the full 3, 6 and 9 months in the periods under consideration Giordano 2008 First Quarter Results

  7. & • Accounted for 85% of Retail & Distribution turnover for the three months ended Mar-08. • Total 1,730 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  8. Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. • Total 39 stores as of end Mar-08. Giordano 2008 First Quarter Results

  9. Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. • Total 15 stores as of end Mar-08. Giordano 2008 First Quarter Results

  10. Accounted for 5% of Retail & Distribution turnover for the three months ended Mar-08. • Closed 9 stores in 1Q08 to as part of on-going store network restructuring. Giordano 2008 First Quarter Results

  11. Retail & Distribution Turnover by Market Three Months Ended March 31, 2008 Others, 9% (10%)1 Mainland China, 36% (30%)1 Thailand, 2% (2%)1 Malaysia, 3% (3%)1 Indonesia, 4% (4%)1 Australia, 4% (5%)1 Singapore, 8% (10%)1 Taiwan, 15% (15%)1 Hong Kong, 19% (21%)1 1 YOY figures in brackets Giordano 2008 First Quarter Results

  12. Retail & Distribution Division Operations Highlights 1 South Korea and Middle East sales are not consolidated into Group sales. On March 31, 2008, the Group held 48.8% in Giordano South Korea and 20.0% in Giordano Middle East. Giordano 2008 First Quarter Results

  13. Retail & Distribution Division Operations Highlights 1 Inclusive of outlets operating for the full 3, 6 and 9 months in the periods under consideration 2 South Korea and Middle East sales are not consolidated into Group sales. On March 31, 2008, the Group held 48.8% in Giordano South Korea and 20.0% in Giordano Middle East. Giordano 2008 First Quarter Results

  14. MAINLAND CHINA • Total 827 outlets as of end Mar-08. • About 40 additional stores planned for 2Q08, including a number of flagship stores • Apr-08 sales up 22.3% YOY. Giordano 2008 First Quarter Results

  15. HONG KONG • Total 88 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  16. TAIWAN • Total 200 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  17. SINGAPORE • Total 55 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  18. SOUTH KOREA • Total 175 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  19. MIDDLE EAST • Total 150 outlets as of end Mar-08. Giordano 2008 First Quarter Results

  20. GLOBAL RETAIL NETWORK Giordano 2008 First Quarter Results

More Related