Manufacturing Industry

Sales up for GUS despite Experian steep decline. (European News).(GUS PLC sales up 8%)(Brief Article)

Cosmetics International, January, 2002

GUS plc has announced that in the six months to 30 September 2001, sales grew by 8% to 2,857mn [pounds sterling], compared with the year before, Group profit before amortisation of goodwill, exceptional items and taxation was 206.2mn [pounds sterling], compared to a restated 186.5mn [pounds sterling] in the same period last year.

Gus ce John Peace said, "GUS has delivered strong results across the Group in this first half, with encouraging progress in trading at Burberry and Experian North America since the 11 September terrorist attacks." Part of developments during the period include Burberry securing an agreement to bring much of its Asian licence and distribution arrangements outside Japan fully in-house effective now. Subject to market conditions, the...

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