11.01.2018 - Press release

Annual turnover 2017 of Van de Velde stable

In the fiscal year 2017, Van de Velde achieved following turnover evolution:

  • Reported turnover (1) grows from €206.6m to €208.7m (+1.0%).

  • Reported turnover (1) at constant exchange rates grows by +1.8%.

  • Comparable turnover (2) decreases from €206.8m to €205.3m (-0.7%) as a result of currency effects.

  • Comparable turnover (2) is stable at constant exchange rates.

  • Comparable turnover (2) (at constant exchange rates) decreases in wholesale by 0.3% and increases in retail by 4.2% (3).

The full results for the fiscal year 2017 will be announced and commented on Tuesday 27 February 2018.

  • (1) Drawn up in accordance with IFRS and not yet audited.

  • (2) Corrected for comparable season deliveries.

  • (3) Like-for-like store basis.

Van de Velde is the powerhouse of world class brands PrimaDonna, Marie Jo and Andres Sarda. Our mission is to deliver the ultimate personalized consumer experience. As a leading player in the luxury and fashionable women's lingerie, swimwear and sportswear sector, Van de Velde bases its long-term strategy on developing and expanding brands upon Lingerie Styling. This proprietary concept combines fit, style and fashion. Our key markets are in Europe and North America and we work closely together with 5,000 on- & offline specialty lingerie stores worldwide. We run our own premium retail chains, under the names Rigby & Peller, Lincherie and Private Shop, in which we exemplify the principles of Lingerie Styling. Van de Velde is listed on Euronext Brussels.

Van de Velde is the powerhouse of world class brands PrimaDonna, Marie Jo and Andres Sarda. Our mission is le term strategy on developing and expanding brands upon Lingerie Styling. This proprietary concept combines fit, style and fashion. Our key & offline specialty lingerie stores worldwide. We run our own premium retail chains, under the names Rigby & Peller, Lincherie

Velde is listed on Euronext

CONTACTS

For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - +32(0)9 365 21 00www.vandevelde.eu

Positron BVBA,

Bart Rabaey Consulting VOF,

always represented by

always represented by

Erwin Van Laethem

Bart Rabaey

Chief Executive Officer

Chief Financial Officer

For recent pictures, visit our press platform:http://pressroom.vandevelde.eu Click on the link "Media" at the top right corner to find up to date pictures

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - F. +32 9 365 21 70 -www.vandevelde.eu- info@vandevelde.eu

Van de Velde NV published this content on 11 January 2018 and is solely responsible for the information contained herein.
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