press releases

Press releases

Monday December 18 2006

FINAL AGREEMENT ON ACQUISITION OF PIET KLERKX AND STOUTENBEEK BY DE MANDAMAKERS GROEP

De Mandemakers Groep and Macintosh Retail Group have come to a final agreement on the acquisition by De Mandemakers Groep of all activities of Piet Klerkx and Stoutenbeek with effect as from January 1, 2007. These companies operate the Meubelwereld, Woonexpress, Stoutenbeek and Mondileder furniture formats, generating consumer sales of more than € 80 million with some 435 employees. The transaction still has to be approved by the Dutch competition authority (“NMA”). The sale will generate a gain for Macintosh Retail Group in 2007.
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Monday December 4 2006

DE MANDEMAKERS GROEP INTENDS TO ACQUIRE PIET KLERKX AND STOUTENBEEK FROM MACINTOSH RETAIL GROUP

De Mandemakers Groep and Macintosh Retail Group have reached an agreement in principle concerning De Mandemakers Groep’s acquisition of all activities of Piet Klerkx and Stoutenbeek. These companies operate the Meubelwereld, Woonexpress, Stoutenbeek and Mondileder furniture formats, generating consumer sales of more than € 80 million with some 435 employees. If the required procedures are completed successfully, the sale will be effective as from January 1, 2007, producing a gain on the sale for Macintosh Retail Group in 2007.
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Thursday August 31 2006

HALF-YEAR REPORT 2006

NET PROFIT MACINTOSH RETAIL GROUP UP 65% (#) (*)Turnover on continuing activities rises 28.5% thanks to 6.7% increase at comparable activities and the acquisition of Scapino. (*)Increase in operating result by 74% to € 24.7 million due to considerably higher operating result at comparable activities and positive effect of the acquisition of Scapino. (*)Increase in net profit by 65% from € 9.7 million to € 16.0 million (€ 0.73 per share).(##)
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Thursday July 13 2006

2006 HALF-YEAR TRADING UPDATE

(start_vet)MACINTOSH RETAIL GROUP: STRONG RISE IN TURNOVER (stop_vet) (#) (*) Turnover from continuing activities up by 28.5% thanks to 6.7% rise at comparable activities and the acquisition of Scapino. (*) Considerably higher operating result on comparable activities and positive effect of acquisition of Scapino are expected to result in more than 50% increase in net profit for the first half of 2006 compared with the first six months of 2005 (€ 9.7 million).(##)
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Wednesday June 28 2006

MACINTOSH RETAIL GROUP FORECASTS MORE THAN 50% GROWTH IN NET PROFIT FOR THE FIRST HALF OF 2006

Given the positive trend in turnover in 2006 until now, we expect net profit, including that of Scapino, for the first half of 2006 to be more than 50% higher compared with 2005, when net profit amounted to € 9.7 million.
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Tuesday June 13 2006

MACINTOSH RETAIL GROUP PURCHASES 0.45 % OWN SHARES

The Managing Board of Macintosh Retail Group NV announces that it has purchased 100,000 (0.45 %) of its own shares outside the official market of Euronext Amsterdam.
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Monday June 12 2006

MACINTOSH RETAIL GROUP PURCHASES 0.36 % OWN SHARES

The Managing Board of Macintosh Retail Group NV announces that it has purchased 80,000 (0.36 %) of its own shares outside the official market of Euronext Amsterdam.
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Tuesday May 9 2006

MANAGEMENT CHANGES AT MACINTOSH RETAIL GROUP

After a period of service of more than 10 years, over 7 of which as Managing Director, Mr R.S.J.O. Tiemessen (39) has indicated that he will retire as Managing Director of BelCompany BV (the Netherlands) on June 1, 2006. The Managing Board of Macintosh Retail Group granted this request, expressing its appreciation to Mr Tiemessen for his contribution, since its launch in 1995, to the expansion of BelCompany to the largest supplier of mobile telecom products in the Netherlands.
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Wednesday April 26 2006

MACINTOSH RETAIL GROUP NV MEETING OF SHAREHOLDERS

Macintosh Retail Group NV’s 2005 annual accounts were adopted at today’s General Meeting of Shareholders.
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Thursday March 16 2006

ANNUAL RESULTS AND DIVIDEND FOR 2005, PROSPECTS FOR 2006

RECORD YEAR FOR MACINTOSH RETAIL GROUP Macintosh Retail Group’s turnover increased by 1.5% to € 817.6 million in 2005 thanks to an exceptionally good second half. The operating result rose by 53.2% from € 30.0 million to € 45.9 million, due to a higher percentual gross margin and lower costs as a percentage of turnover at the continuing activities as well as the effects of the sale of clothing store chain Superconfex. Net profit for the year was 67.6% higher at € 32.9 million, compared with € 19.6 million for 2004. Earnings per share rose from € 2.77 to € 4.53. Turnover on continuing activities rose with 3.3% to € 790.2 million and the operating result increased with 21.8% to € 40.6 million. The return on net capital employed (ROCE) rose to 25.8% from 18.3% for the previous year. It is proposed to distribute a cash dividend to shareholders of € 1.80 per share for 2005 (2004: € 1.05), an increase of 71.4%. Barring unforeseen circumstances, Macintosh Retail Group expects operating result on continuing activities, including the effect from the Scapino acquisition, to rise substantially in 2006. Although the acquisition of Scapino (after financing costs) will result in an addition to net profit for 2006 of Macintosh Retail Group, given the uncertainties surrounding market developments and the effect of non-recurring income in 2005 (net total: € 4.9 million), we consider it premature to make any forecast about the net profit for 2006.
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Tuesday March 14 2006

SHAREHOLDERS OF MACINTOSH RETAIL GROUP APPROVE ACQUISITION OF SCAPINO

The shareholders of Macintosh Retail Group approved the proposed acquisition by Macintosh Retail Group of all the issued shares of Scapino BV during today’s Extraordinary General Meeting of Shareholders as from February 1, 2006. 3,848,733 shares (52%) were present or represented at the meeting. The proposal to acquire Scapino was approved unanimously.
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Thursday February 23 2006

MACINTOSH RETAIL GROUP AND RETAIL NETWORK REACH AGREEMENT ON ACQUISITION OF SCAPINO

(start_vet)Macintosh Retail Group and Retail Network have come to a final agreement on the acquisition of shoe retailer Scapino by Macintosh Retail Group with retroactive effect to February 1, 2006. The acquisition price amounts to € 140 million (cash and debt free). Scapino’s operating profit for the 2005/2006 financial year (February 1, 2005 to January 31, 2006) amounted to € 16.9 million (under Dutch GAAP). Based on Scapino’s figures for the 2005/2006 financial year and taking financing charges into account, the annual contribution to net earnings per share of Macintosh Retail Group would have amounted to some € 0.90. It is expected that Scapino will contribute substantially to net earnings per share of Macintosh Retail Group in the future. The shareholders of Macintosh Retail Group NV will be requested to approve the acquisition during an extraordinary meeting of shareholders to be held on March 14, 2006.(stop_vet)
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Wednesday February 22 2006

BERDEN ACQUIRES POT INTERIEUR IN AXEL FROM MACINTOSH RETAIL GROUP

(start_vet)The Managing Board of Macintosh Retail Group NV and the Board of Management of Berden Holding BV have reached agreement on the acquisition of Pot Interieur, Axel, by a subsidiary of Berden Holding BV. If the required procedures involving the works councils are completed successfully, the transfer can be effected in the very near future. The acquisition date will be 1 April 2006. Macintosh Retail Group will achieve a modest gain on the sale in 2006.(stop_vet)
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Monday January 30 2006

MACINTOSH RETAIL GROUP INTENDS TO ACQUIRE SCAPINO FROM RETAIL NETWORK

(start_vet)Macintosh Retail Group has reached an agreement in principle with Retail Network on the proposed acquisition of shoe retailer Scapino by Macintosh Retail Group. If the relevant procedures are completed successfully and the acquisition is approved by the General Meeting of Shareholders of Macintosh Retail Group, the acquisition can be effected retroactively on February 1, 2006. The acquisition of Scapino will make a direct positive contribution to net earnings per share of Macintosh Retail Group.(stop_vet)
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Friday January 13 2006

MACINTOSH RETAIL GROUP INCREASES TURNOVER AND EXPECTS MORE THAN 50% GROWTH IN NET PROFIT

(start_vet)TRADING UPDATE 2005(stop_vet) (start_vet)Macintosh Retail Group’s turnover increased by 1.5% to € 817.5 million in 2005 thanks to an exceptionally good second half-year. The company expects the operating profit for the full year 2005 to rise about 50% compared with 2004 (€ 30.0 million). The percentual increase in net profit is expected to be even greater (2004: € 19.6 million).(stop_vet)
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