Kesa Xmas sales dragged down by Comet

first_imgWednesday 19 January 2011 3:17 am Tags: NULL Kesa Xmas sales dragged down by Comet by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsapp whatsapp Sharecenter_img Show Comments ▼ John Dunne More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Comet owner Kesa Electricals has reported a drop in sales due to “softer trading” at the UK chain caused in part by bad weather.Like-for-like sales across the group, which also owns Darty France, fell by four per cent, with sales at Comet down 7.3 per cent.Like-for-like sales at Darty fell 1.8 per cent, while total group sales were down 1.6 per cent between 1 November and 18 January.Full year pre-tax profits would be at the lower end of expectations, the group said. However the figure would be an improvement on the previous year, the company said.Despite the fall in like-for-like sales, which strip out the impact of sales at new stores, online sales across the group rose by 11 per cent.And despite the sharp fall in Comet sales for the period, the UK chain posted “record trading between Boxing Day and New Year,” Kesa said.The company also said it had agreed a new credit facility worth 455m euros (£383m) on improved terms.This would reduce interest payments by about 500,000 euros in the current financial year, and by about 3m euros in subsequent years, it estimated.Kesa chief executive Thierry Falque-Pierrotin said: “Against a background of increased competitiveness, Darty France and the other established businesses delivered a robust performance, offset by softer trading at Comet and the developing businesses.” last_img read more