(06/07/2007) VAN DE VELDE : Turnover first half of 2007

06.07.2007 - Van de Velde NV press release Turnover growth of 5.5% in first six months of 2007 Consolidated turnover prepared in accordance with IFRS rose in the first half of the year from E63.5 m in 2006 to E67.0 m in 2007. Turnover (in E m) by region breaks down as follows: +-------------+-----+-----+-----------+----------+ | Country |2007 |2006 |Growth (%) |Share (%) | +-------------+-----+-----+-----------+----------+ |Eurozone |51.6 |50,8 | + 1,6 | 77 | +-------------+-----+-----+-----------+----------+ |Non Eurozone |15.4 |12,7 | + 21,3 | 23 | +-------------+-----+-----+-----------+----------+ |Total |67.0 |63,5 | + 5,5 | 100 | +-------------+-----+-----+-----------+----------+ The strong expansion in the growth markets continued across the board. The growth in turnover is in line with Van de Velde's projections. Turnover by brand breaks down as follows: +-----------+---------------+-----------+----------+ | Brand |Turnover (E m) |Growth (%) |Share (%) | +-----------+---------------+-----------+----------+ |Marie Jo | 36.1 | +2 | 54 | +-----------+---------------+-----------+----------+ |PrimaDonna | 29.9 | +8 | 45 | +-----------+---------------+-----------+----------+ |Other | 1.0 | | 1 | +-----------+---------------+-----------+----------+ |Total | 67.0 | + 5 | 100 | +-----------+---------------+-----------+----------+ The financial results will be announced on the morning of Friday 31 August before the stock market opens. The press release will be followed at 10 am by a press and analysts meeting. * * * Van de Velde NV is one of the main players on the luxury and fashionable ladies lingerie market. Van de Velde is convinced of the appropriateness of a long-term strategy based on expanding and developing brands round the Lingerie Styling concept (fit, style and fashion) worldwide. Van de Velde focuses on Europe and North America. For more information: Van de Velde NV Lageweg 4 9260 Schellebelle www.vandevelde.eu Ignace Van Doorselaere CEO Tel.: 09 365 21 00 Luc Markey CFO Tel.: 09 365 21 10 Copyright Hugin [CN#122095]