press releases

Press releases

Thursday August 28 2008

HALF-YEAR REPORT 2008

Difficult retail market causes lower results (#)(*) Turnover rises by € 112.4 million to € 562.3 million due to acquisition of Brantano. (*) Operating result from € 24.7 million to € 14.4 million. (*) Net profit on continuing operations from € 17.0 million to € 5.2 million, partly due to financing costs relating to acquisition of Brantano. (*)Also difficult retail market in second half. (*)Operating result for 2008 expected to be lower and net profit substantially lower as in 2007.(##)
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Wednesday August 27 2008

MANAGEMENT CHANGES AT SUBSIDIARIES MACINTOSH RETAIL GROUP

The Managing Board of Macintosh Retail Group has appointed mr D. Vandekerckhove (45) as managing director of subsidiary Scapino with effect from September 1, 2008. Diederick Vandekerckhove succeeds S.J.W. de Raat who continues his career elsewhere. Diederick Vandekerckhove has extensive experience in shoe retail and was founder of Brantano in the United Kingdom amongst others.
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Friday June 27 2008

DISAPPOINTING MARKET CONDITIONS IN FIRST HALF OF 2008

So far, the disappointing market conditions Macintosh Retail Group reported on April 22, 2008 have continued into the second quarter. Particularly in the shoe, clothing, bicycle and telecom retail markets, which are markets relevant to Macintosh Retail Group, the decrease in consumer confidence was clearly perceptible.
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Wednesday June 25 2008

NEW MANAGING DIRECTOR AT KWANTUM

The Managing Board of Macintosh Retail Group has appointed Mr. R.J. Berns (46) as Managing Director of subsidiary Kwantum per July 1, 2008.
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Tuesday May 20 2008

MANAGEMENT CHANGE AT KWANTUM

The Managing Board of Macintosh Retail Group today announces that Kwantum and its managing director Mr P.A.E. Buitelaar have decided to terminate Mr Buitelaar’s employment contract by mutual agreement.
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Tuesday May 13 2008

BELCOMPANY TO LAUNCH DISCOUNTER TELEFOONKOPEN.NL

On July 1, 2008, BelCompany Netherlands will open 29 discount stores under the name Telefoonkopen.nl. The new store format will propose the most competitive offers for mobile telephony and support Telefoonkopen.nl's Internet store, which has been operational for some time.
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Tuesday April 22 2008

GENERAL MEETING OF SHAREHOLDERS OF MACINTOSH RETAIL GROUP NV

Macintosh Retail Group NV’s financial statements 2007 were adopted at today’s Annual General Meeting of Shareholders. A dividend of € 1.00 per share, or 40.8% of the net profit for 2007 (2006: € 0.83, or 40.2%), will be distributed. The date of the ex-dividend quotation is Thursday, April 24, 2008, and the dividend will be payable as from Monday, May 5, 2008.
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Tuesday April 22 2008

GENERAL MEETING OF SHAREHOLDERS OF MACINTOSH RETAIL GROUP NV

Items on the agenda of the General Meeting of Shareholders to be held today at 2 p.m. include the dividend proposal, the reappointment of a member of the Supervisory Board, the renewal of the Managing Board’s authority to issue ordinary shares, and the authority to purchase own shares. The full agenda, including explanatory notes, of the meeting can be found on the website www.macintosh.nl, under shareholder information / General Meeting of Shareholders. In its presentation, the Managing Board will focus on the review of operations in 2007, the developments in the first quarter of 2008 and the processes under way and those as yet to be initiated at Brantano. The presentation can also be found on the website.
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Thursday March 13 2008

ANNUAL RESULTS AND DIVIDEND FOR 2007, PROSPECTS 2008

Further increase of profitability in unpredictable market (#)(*)Operating result up 3.3% to € 66.9 million with increase in turnover of € 5.8 million to € 920.3 million. (*)Net profit from continuing operations 12.5% higher at € 47.5 million and total net profit 18.5% higher at € 54.5 million. (*)Earnings per share: € 2.51 (2006: € 2.10). (*)Cash dividend: € 1.00 (2006: € 0.83); up 20.5%. (*)ROCE 22.1% (2006: 22.3%). (*)Sale of furniture activities at January 1, 2007 (*)Acquisition of shoe retailer Brantano early in 2008.(##)
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Monday March 3 2008

MANAGEMENT CHANGE AT BRANTANO

Mr K. Moons (44) has expressed the wish to retire as (delegated) member of the managing board of shoe retailer Brantano with effect from March 1, 2008. Macintosh Retail Group has granted his request.
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Tuesday January 29 2008

MACINTOSH RETAIL GROUP POSESSES 100% OF THE BRANTANO SHARES AS A RESULT OF THE SQUEEZE-OUT BID

Macintosh Retail Group announces that the number of shares tendered by the expiry of the squeeze-out period relating to the offer for Brantano NV on January 22, 2008 was 91,639. This means that Sumi NV, a Belgian subsidiary of Macintosh Retail Group N.V., now holds 2,867,039 shares of Brantano NV, representing 98.6% of the share capital of Brantano NV (including treasury shares hold by Brantano NV itself).
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Tuesday January 15 2008

TRADING UPDATE 2007

NET PROFIT EXPECTED TO BE SUBSTANTIALLY HIGHER WITH FRACTIONALLY HIGHER TURNOVER (#) (*)Turnover from € 914 million to € 920 million. (*)Operating result expected to be above 2006 record level (€ 64.8 million). (*)Net profit on continuing operations expected to be higher and total net profit substantially higher than in 2006 (€ 42.2 million and € 46.0 million, respectively).(##)
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Wednesday January 2 2008

OFFER FOR SHOE RETAILER BRANTANO TO GO AHEAD

Macintosh Retail Group announces that the number of shares and share options tendered by the expiry of the acceptance period relating to the offer for Brantano NV on December 21, 2007 were as follows: (#) (*)2,729,900 shares (93.9% of all shares); (*)23,000 share options outstanding under 2004 share option plan (69.7% of all share options under 2004 plan); and (*)7,500 share options outstanding under 2005 share option plan (60.0% of all share options under 2005 plan).(##)
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