press releases

Press releases

Wednesday July 30 2014

HALF-YEAR REPORT 2014

Significant turnover growth Fashion (up 10.1%) and clear improvement in underlying operating performance

 

  • Increase in turnover Macintosh with € 25.8 million (up 6.8%) to € 405.4 million.
  • Fashion core outperforms shoe market with a 12.4% increase in turnover; brick-and-mortar sales up 9.0% and online sales up 47.5%.
  • Lower turnover Living with upward trend in Q2.
  • New financing package of € 180 million lays solid foundation for further execution of Rebalancing for Profitable Growth strategy

 

 

 

 


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Tuesday July 15 2014

Macintosh Retail Group N.V. successfully raises € 19.5 million through an equity offering

Macintosh Retail Group ("Macintosh" or the "Company") has successfully raised € 19.5 million through an equity offering (the "Offering") of 2,434,254 newly issued ordinary shares (the "Shares") at a price of € 8.00 per share. 
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Tuesday July 15 2014

Significant turnover growth in Fashion (+ 10.1%) and larger market share in H1 2014 affirm strategic approach

New financing package of € 180 million with participation of banks and shareholders lays solid foundation for executing strategy
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Tuesday July 15 2014

Macintosh Retail Group N.V. announces equity offering of 2,434,254 ordinary shares

  • Macintosh Retail Group (“Macintosh” or the “Company”) announces the launch of an equity offering (“the Offering”) of 2,434,254 newly issued ordinary shares (the “Shares”), representing approximately 10% of the issued share capital
  • The proceeds will be used to strengthen Macintosh’s capital base and for general corporate purposes
  • The issue price (the “Issue Price”) will be determined by the outcome of the accelerated bookbuilding process
  • The Offering is guaranteed at a floor price of € 8.00 (the “Floor Price”) by Macintosh’s major shareholders
  • Three members of the managing board (new CEO, CFO en COO) will participate in the Offering for € 100,000 at the Issue Price

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Friday June 27 2014

KURT STAELENS APPOINTED AS NEW MACINTOSH CEO

After today’s extraordinary meeting of shareholders the Supervisory Board of Macintosh Retail Group NV has appointed Kurt Staelens MBA (44) as member of the Managing Board as from 1 July 2014 and as CEO per 1 August 2014. He succeeds current CEO Frank De Moor, who pursues a career elsewhere.

Kurt Staelens is a Belgian national and was Vice-president Sales & E-business at telco company Belgacom in Brussels. During his previous career, he held several commercial management functions and ran his own online business.
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Friday May 16 2014

CONVOCATION EXTRAORDINARY MEETING OF SHAREHOLDERS

Macintosh Retail Group N.V. publishes the convocation for an Extraordinary General Meeting of Shareholders this morning on its website www.macintosh.nl. The meeting will take place on June 27, 2014 at 10 a.m. in Den Bosch, The Netherlands.
During this meeting the Supervisory Board will inform shareholders of the intention to appoint Mr K.C. Staelens MBA (44) as a member of the Managing Board with effect from 1 July 2014. As of 1 August 2014, Mr Staelens will subsequently be appointed as Chairman of the Managing Board (CEO) to succeed Mr F.K. De Moor.
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Friday May 9 2014

New CEO for Macintosh

The Supervisory Board of Macintosh Retail Group NV (Macintosh) has the intention to appoint Kurt Staelens MBA (44) as Macintosh's new CEO. He will succeed current CEO Frank De Moor, who will pursue a career elsewhere as from 1 August 2014.
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Thursday April 24 2014

AANDEELHOUDERSVERGADERING MACINTOSH RETAIL GROUP N.V.

Belangrijkste besluiten
Tijdens de vandaag gehouden Algemene Vergadering van Aandeelhouders, waar ruim 66% van het aandelenkapitaal was vertegenwoordigd, werd de Jaarrekening 2013 van Macintosh Retail Group N.V. vastgesteld. Het negatieve nettoresultaat over het boekjaar 2013 werd ten laste gebracht van de reserves.
Aan Raad van Bestuur en Raad van Commissarissen werd kwijting verleend voor het in 2013 gevoerde beleid respectievelijk het daarop uitgeoefende toezicht.
De aanwijzing van de Raad van Bestuur als bevoegd orgaan tot uitgifte van gewone aandelen, daaronder begrepen het verlenen van rechten tot het nemen van gewone aandelen en het beperken / uitsluiten van het voorkeursrecht, werd verlengd voor een periode van 18 maanden voor een bedrag gelijk aan 10% van het geplaatste kapitaal. De Raad van Bestuur werd voor een periode van 18 maanden gemachtigd om eigen aandelen in te kopen tot maximaal 10% van het geplaatste kapitaal.
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Thursday April 24 2014

Strategy sharpening and additional measures to accelerate recovery of results

 

Turnover and margin in Fashion continue to increase in first months of 2014

 

Macintosh will announce the outcome of the strategy review for its Fashion segment in today’s Annual General Meeting of Shareholders. The principal finding is that the cross-channel strategy is validated, but that only formats with a clear selling proposition will be successful in this approach. A number of operational and commercial measures will be implemented to fully harness the potential of the shoe formats in the Netherlands, Belgium and the UK. On that basis and given the initial positive results of initiatives already taken, Macintosh sharpens its strategy and accelerates its transformation. A group-wide programme “Rebalancing for profitable growth” will be presented today to achieve this, aimed at substantial turnover growth and leading to an operating EBIT margin (exclusive of incidentals) of at least 6% for Fashion in 2017.


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Friday March 28 2014

CEO Frank De Moor to leave Macintosh Retail Group on 1 August 2014


Frank De Moor has announced that he will retire as CEO of Macintosh Retail Group to pursue a career elsewhere. In constructive dialogue with the Supervisory Board, August 1, 2014 has been chosen as the date on which he will leave Macintosh Retail Group, so that the ongoing refinancing discussions can be completed under his leadership. This also gives the Supervisory Board some time to look for a new CEO.
Frank De Moor (51) was appointed as a member of the Managing Board on October 1, 2002, to become CEO on February 1, 2003. He has held various executive positions with subsidiaries of Macintosh Retail Group since 1994.
 
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Tuesday March 11 2014

ANNUAL REPORT 2013 AND NOTICE CONVENING AGM

Macintosh Retail Group publishes tomorrow morning the digital Dutch version of the Annual Report 2013 including the Financial Statements 2013 on its website www.macintosh.nl (Dutch version). 
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Thursday February 27 2014

Annual results 2013

TOWARDS A NEW MACINTOSH


Pressure on turnover and earnings in 2013, but signs of recovery

 

  • Turnover down 6.8% (constant exchange rates)
  • Signs of recovery of turnover in Q4
  • Cross-channel turnover at € 46.9 million (+ 19.7%)
  • Operating EBITDA at € 20.5 million
  • Performance for Q1-Q3 largely offset by positive operating EBIT in Q4
  • Net operating result at - € 4.5 million 

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Monday February 10 2014

TRADING UPDATE 2013

 

SIGNS OF RECOVERY IN Q4

 

  • Turnover weighed down in 2013 by poor retail market.
  • Online turnover up nearly 13%.
  • EBITDA down on 2012, but markedly positive.
  • Slightly negative operating result for 2013.
  • Financing covenants adapted.
     

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Wednesday October 30 2013

TRADING UPDATE Q3 2013

 

Turnover Q3 under pressure, but less so than in H1
 

  • Pressure on turnover due to Fashion NL in particular.
  • Online turnover from Fashion up 16%, Living up 50%.
  • Operating EBITDA lower but positive.
  • Negative operating EBIT despite cost control.

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Thursday October 10 2013

BOARD MEMBER ERIC COORENS IN CHARGE OF FASHION NL OPERATIONS

The Managing Board of Macintosh Retail Group has decided to increase its direct involvement in the retail operations, while increasing the responsibility of its local boards for results at country level at the same time.
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Monday September 30 2013

Appointment of Ronald van der Vis to supervisory board

Mr W.T.C van der Vis MBA (46) was appointed today to the Supervisory Board of Macintosh Retail Group NV. The decision to appoint him was taken unanimously during an extraordinary meeting of shareholders at which 64.5% of share capital was present.
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Thursday July 25 2013

Half-Year report 2013

Pressure on turnover and result in first half.
Positive operating EBIT expected for full year 2013

 

  • Further fall in non-food retail spending.
  • Increase in turnover from online Macintosh Fashion activities, but fall in turnover from brick-and-mortar stores.
  • Strong focus on margin retention and cost reductions.
  • Higher cash flow from operating activities and lower net debt.
  • MacFit transformation programme on schedule.
     

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Tuesday July 23 2013

Nomination of new supervisory board member

Mr W.T.C van der Vis MBA (45) has agreed to join the Supervisory Board of Macintosh Retail Group NV.
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Friday June 28 2013

Management buy-out of Halfords

Macintosh Retail Group and Peter-Jan Stormmesand, Managing Director of Halfords, have reached agreement on the sale of all shares in Halfords effective June 30, 2013.
Following the acquisition, Halfords will have a strong financial starting position with a capital base of approximately 30%. Macintosh Retail Group will finance Halfords’ activities in accordance with the usual funding arrangements. Mr Stormmesand will assume full control of Halfords. 
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Thursday April 25 2013

General meeting of Shareholders of Macintosh Retail Group NV

Macintosh Retail Group NV’s financial statements 2012 were adopted at today’s Annual General Meeting of Shareholders were 65.8% of share capital was present. The total negative net result over 2012 was charged to the distributable equity.
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Thursday April 25 2013

2013 Trading update

 

  • Turnover down by € 36.2 million to € 222.1 million, more than half of which being attributable to poor month of March.
  • Operating result substantially lower at an unchanged gross margin as a percentage of turnover and lower costs.

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Wednesday March 13 2013

Annual report 2012 and Notice convening AGM

Macintosh Retail Group publishes this evening the digital Dutch version of the Annual Report 2012 including the Financial Statements 2012 on its website www.macintosh.nl (Dutch version). 
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Thursday February 28 2013

OPERATING PROFIT IN A DIFFICULT RETAIL MARKET

  • Turnover rises by 2.1% to € 893.2 million.
  • Profitable online turnover of € 39.3 million (+ 50%), of which € 36.1 million in Fashion.
  • Operating EBITDA € 42.6 million (2011: € 55.6 million).
  • Markedly positive operating EBIT in all countries and sectors.
  • Operating EBIT € 18.1 million (2011: € 31.9 million).
  • Accelerated transformation to new retail reality and goodwill impairment: non-recurring gross non-cash effect of € 135.4 million negative.
  • Net operating profit € 10.0 million (2011: € 22.0 million).
  • Dividend € 0.20 per share, or almost 50% of net operating profit.
  • Strong balance sheet with solvency at 43%. Low net debt of € 32.3 million (2011: € 32.7 million).
  • 2013 will be a transitional year in a continuously tough market.

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Tuesday February 26 2013

CHANGES IN THE SUPERVISORY BOARD

The Supervisory Board of Macintosh Retail Group NV announces two changes in the composition of the Supervisory Board.

 

The chairman of the Supervisory Board, Mr A. Nühn, is officially scheduled for retirement in 2014, by which time he will have completed his third term of office and, as such, will no longer be eligible for reappointment. However, Mr Nühn has indicated his intention to retire from his present position as of March 1, 2013 in connection with the Netherlands Governance and Supervision Act (Wet bestuur en toezicht), which came into effect on January 1, 2013. 
The first term of office of Mr J.E. Lagerweij as a member of the Supervisory Board will end after the general shareholders’ meeting of April 25, 2013. Mr Lagerweij has indicated not to be available for reappointment, since his reappointment would mean that he holds more positions than permitted under the Act.


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Monday January 21 2013

Accelerated transformation of Macintosh Retail Group

  • Implementation of cross-channel strategy on schedule.
  • Accelerated transformation of Macintosh to new retail reality.
  • Reshaping store portfolio results in closure of over 110 stores in the next few years besides refits and stores to be opened.
  • Poorer growth prospects in the years ahead result in goodwill impairment.
  • Underlying operating result 2012 clearly positive.
  • One-off non-cash effects of shop closures and goodwill impairment totalling - € 136 million result in substantially negative operating result for 2012.
  • Strong financial position, even after non-recurring write-downs.
  • Dividend policy to be continued.
  • Objective for 2015: operating result of € 30 million to € 40 million.
     

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Tuesday November 13 2012

COLLABORATION JONES BOOTMAKER WITH HOUSE OF FRASER

  • Jones Bootmaker in exclusive British department store
  • Pilot in 2 shops with a possible rollout to approximately 30
  • In line with Macintosh's cross-channel strategy

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Tuesday October 30 2012

TRADING UPDATE, THIRD QUARTER OF 2012

  • Market conditions continue to be poor.
  • Turnover of Fashion equal; turnover of Living down.
  • Q3 operating result down, but markedly positive.
     

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Thursday July 26 2012

Half-year report 2012

 

TOUGH FIRST HALF YEAR

 

  • Turnover from comparable Fashion activities up € 8.4 million (+ 3.1%); EBIT at € 2.3 million.
  • Turnover from new Fashion activities at € 45.6 million; EBIT at - € 8.2 million.
  • Profitable 70% increase in online turnover Fashion to € 11.3 million.
  • EBIT Living down € 1.5 million to € 2.9 million at € 7.8 million lower turnover.
  • H2 has much greater impact on year result due to focus on Fashion.
  • No statement for 2012.
     

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Thursday July 26 2012

Half-year report 2012

TOUGH FIRST HALF YEAR
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Tuesday July 24 2012

Intreza.nl introduces: Intreza Shoepoints

Pick up, try on and return online orders free of charge at 500 shops

 

In September 2011, Macintosh Retail Group NV launched a new web shop for shoe lovers called Intreza.nl. Intreza is now taking online shopping to a higher cross channel level. In collaboration with Dolcis, Manfield, Scapino, Invito, PRO 0031 and Steve Madden, Intreza is introducing a new service: Intreza Shoepoints. Starting 1 August, you can shop online and pick up your order free of charge at any of the 500 affiliated shops. Other services offered by Intreza Shoepoints are fitting, both style and personal advice, as well as free returns.


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Monday July 23 2012

MACINTOSH RETAIL GROUP SELLS GP DÉCORS

Macintosh Retail Group and the French paint manufacturer Peintures Marius Dufour (“PMD”) have reached agreement on the purchase by PMD of all shares in GP Décors.   
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Wednesday May 9 2012

SCAPINO AND AKTIESPORT JOIN FORCES

 

Huge boost in range of sports brands following the launch of Aktiesport Shop-in-Shops format at Scapino stores.

 

The opening of the initial range of Aktiesport Shop in Shops (SIS) at Scapino in May 2012 will kick off the strategic collaboration between the two parties. This collaboration is aimed at making the stores more attractive to consumers, at the same time using the available floor space in a more profitable manner. Following this first step, the new format will be rolled out in a larger number of Scapino stores. The roll-out is intended to be completed by the end of 2013.


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Wednesday April 25 2012

GENERAL MEETING OF SHAREHOLDERS OF MACINTOSH RETAIL GROUP

Macintosh Retail Group NV’s financial statements 2011 were adopted at today’s Annual General Meeting of Shareholders were nearly 65% of share capital was present.
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Wednesday April 25 2012

2012 Trading update

Turnover of Macintosh Retail Group in the period through April 21, 2012 rose by € 20.1 million (+ 8.4%) under tough market conditions. Online sales for the same period grew by 70% to € 9 million.
 
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Friday March 23 2012

Annual report 2011 and notice convening agm

Macintosh Retail Group publishes today (at approximately 9 a.m. CET) the digital Dutch version of the Annual Report 2011 including the Financial Statements 2011 on its completely renewed website www.macintosh.nl (Dutch version).
Part of the Annual Report is the section “More sustainable step by step”, setting out the policy, the major developments in 2011 and ambitions for 2012 in relation to sustainable business practices, based on Macintosh Retail Group’s retail model in Fashion. The Annual Report has been prepared in accordance with the guidelines of the Global Reporting Initiative (GRI) 3.0.
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Monday March 5 2012

New general manager halfords netherlands

The Managing Board of Macintosh Retail Group has appointed P-J Stormmesand (50) as Managing Director of subsidiary Halfords Netherlands with effect from today.
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Thursday March 1 2012

Investing in the future under tough market conditions

  • Turnover + 6.3% following acquisition of Jones Bootmaker in April 2011.
  • Online turnover up by almost 40% to € 25.1 million.
  • EBIT € 31.6 million (2010: € 44.6 million), excluding non-recurring effects amounting to - € 4.0 million.
  • Net profit more than doubles to € 98.8 million.
  • Extra dividend of € 0.37; total dividend higher: € 0,70 (2010: € 0.67)
  • Net debt improves by € 61.7 million to € 39.5 million; financial position excellent.
  • No statement on expected turnover or results for 2012.

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Thursday December 22 2011

Sale of Halfords delayed

On July 13, 2011, Macintosh Retail Group announced its intention to sell Halfords, expecting to complete the sales process, which would be kicked off in September, in 2011. In part due to the economic situation, which makes it difficult for buyers to arrange financing, the process has suffered delay.
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Monday October 31 2011

MACINTOSH RETAIL GROUP REPURCHASED 289,578 SHARES

Macintosh Retail Group NV repurchased 289,578 own shares through several “block trades” at an average price of EUR 11.52 per share and for a total amount of EUR 3,335,939.
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Thursday October 27 2011

REPURCHASE OF OWN SHARES

The Managing Board of Macintosh Retail Group NV announces its intention to repurchase own shares to a maximum amount of € 3,475,000 to cover outstanding staff options.
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Tuesday October 25 2011

THIRD QUARTERLY UPDATE

• Acquisition of Jones Bootmaker results in plus in turnover • Comparable activities show declining turnover and margin due to very unfavourable market conditions • 2011 operating result probably sharply down on 2010 record high
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Thursday September 29 2011

Launch of Intreza.nl

(#)(*) New online shoe shop featuring Macintosh and third party brands (*) Fits with strategy as largest cross-channel retailer in the Benelux (* Intreza.nl to be expanded further this year
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Wednesday September 7 2011

INTENTION TO SELL GP DÉCORS FRANCE

(#)(*) Poor home decoration market impeding GP Décors’ recovery in profitability (*) Sales process starts in September 2011 (*) Living sector continues to be strategic Frank De Moor, CEO Macintosh Retail Group: “GP Décors successfully implemented a restructuring plan. However, given the continued difficult market conditions, GP Décors is unlikely to grow into a good profitable format as part of Macintosh Retail Group in the short term. Although GP Décors provides a basis for growth of our Living activities, acquiring a profitable retail chain in France or other market seems to be preferable over continuing a long-term process of gradually expanding GP Décors. However, Macintosh Retail Group’s future will continue to be in Fashion as well as Living.”
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Tuesday September 6 2011

MACINTOSH RETAIL GROUP REPURCHASED 334,500 SHARES

Macintosh Retail Group NV repurchased 334,500 own shares through several “block trades” at an average price of EUR 13.90 per share and for a total amount of EUR 4,649,550.
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Friday September 2 2011

REPURCHASE OF OWN SHARES

The Managing Board of Macintosh Retail Group NV announces its intention to repurchase own shares to a maximum amount of € 4,650,000 to cover outstanding staff options.
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Monday August 1 2011

SALE BELCOMPANY TO VODAFONE COMPLETED

Macintosh Retail Group NV and Vodafone Libertel BV have signed today a notarial deed transferring Macintosh Retail Group’s shares in telecom retailer BelCompany to Vodafone.
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Wednesday July 27 2011

Half-year report 2011

Investments in future and pessimistic consumers put pressure on result (#)(*) Turnover plus from Jones Bootmaker acquisition. (*) Higher gross margin as a percentage of turnover. (*) Expenses rise, mainly because of new activities. (*) Operating result down € 3.6 million. (*) Net profit from continuing operations € 2.9 million lower. (*) Second half-year even more important owing to Fashion's higher share of turnover. (*) No statement on turnover or result for 2011.(##)
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Monday July 18 2011

COMPETITION AUTHORITY APPROVES SALE OF BELCOMPANY TO VODAFONE

The Dutch Competition Authority (NMa) has rendered approval for the sale of telecom retailer BelCompany by Macintosh Retail Group to Vodafone Libertel. The works councils of both BelCompany and Vodafone Libertel already agreed to the sale earlier. The transfer of the shares will be formalised within short notice.
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Wednesday July 13 2011

SALE OF HALFORDS

(#)(*) Increased focus on Fashion and Living (*) Start sale process in September 2011 (##) Strategy Macintosh Retail Group The Managing Board and Supervisory Board established that Macintosh Retail Group’s core competencies are most effective in the Fashion and Living sectors. These sectors offer the best opportunities for achieving profitable turnover growth. The company’s three most recent acquisitions (Scapino, Brantano and Jones Bootmaker) must be seen in this perspective. Macintosh Retail Group no longer considers the Automotive & Telecom sector as strategic. Earlier this year, BelCompany (Telecom) was sold to Vodafone Libertel. As a follow-up to this, Macintosh Retail Group is currently seeking a party willing to purchase Halfords (Automotive) to safeguard the latter’s growth and continuity.
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Tuesday May 24 2011

Dividend conversion ratio

The proposal made by the Managing Board to distribute the dividend for 2010 in cash or in the form of shares was adopted at the General Meeting of Shareholders held on April 27, 2011. The cash dividend was set at EUR 0.67 per share. The Managing Board was authorised to set the cash/stock dividend conversion ratio.
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Wednesday April 27 2011

General Meeting of Shareholders

Macintosh Retail Group NV’s financial statements 2010 were adopted at today’s Annual General Meeting of Shareholders. The General Meeting resolved to distribute the dividend for 2010 in cash or, at the option of the individual shareholder, in the form of ordinary shares. The cash dividend amounts to € 0.67 per share. The Managing Board was authorised to set the cash/stock dividend conversion ratio. The value of the dividend in shares will be almost equal to the value of the cash dividend based on the weighted average share price for May 20, 23 and 24, 2011.
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Wednesday April 27 2011

2011 Update

Turnover on continuing operations of Macintosh Retail Group for the period from March through April 24, 2011, was fractionally up on the same period of 2010. By contrast, as previously announced, turnover for January and February had been disappointing. On balance, turnover fell by € 8.7 million (- 3.1%) compared with 2010. Consumer spending in the non-food retail market in the Netherlands showed a 0.6% increase in the period January/February, according to Statistics Netherlands (CBS). Results for March and April are not yet available.
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Thursday April 14 2011

ACQUISITION OF UK SHOE RETAILER JONES BOOTMAKER BY MACINTOSH COMPLETED

Macintosh Retail Group has reached final agreement today with the shareholders of Jones Bootmaker on the acquisition of all shares. The transaction was already announced on January 28, 2011.
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Monday April 4 2011

SCAPINO TO OPEN SMALL FORMAT SHOPS

Scapino, a subsidiary of Macintosh Retail Group, will soon be opening a number of ‘small format’ shops. The idea is to also offer consumers in smaller towns affordably priced shoes and clothing. The first four shops are scheduled to open in the spring of 2011. This development is in keeping with Macintosh Retail Group’s strategy to meet demands in the shoe market with a larger number of differently positioned shop formulas.
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Tuesday March 22 2011

INTENTION TO SELL BELCOMPANY TO VODAFONE

(#)(*)Transaction includes both telecom specialist BelCompany and telecom discounter telefoonkopen.nl. (*)Procedures involving works councils and Netherlands Competition Authority have been / are being initiated. (*)Sale price € 120 million on cash and debt free basis per January 1, 2011. (*)Proceeds of sale to be invested in Fashion and Living. (*)Net transaction result between € 85 million and € 90 million.(##) Frank De Moor (CEO Macintosh Retail Group): “Saying farewell to a great company like BelCompany is not easy. Starting from scratch in 1996, we built and expanded the store format into the most successful telecom retailer in the Netherlands. The future of Macintosh Retail Group, however, is in the Fashion and Living sectors. We are convinced that the sale to Vodafone Libertel is the right decision, as BelCompany will then become part of one of the largest telecom companies in the world.”
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Monday March 14 2011

NOTICE CONVENING GENERAL MEETING OF SHAREHOLDERS AND ANNUAL REPORT 2010

Today at approximately 3 p.m. (CET), Macintosh Retail Group NV publishes the notice convening the Annual General Meeting of Shareholders (April 27, 2011) and the electronic Dutch version of the Annual Report 2010 on its website www.macintosh.nl.
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Wednesday March 2 2011

Operating result up 25% and net profit up 37% thanks to strong second half

(#)(*)Turnover 1.3% higher (H1: - 1.1%; H2 + 3.4%) under persistently difficult market conditions. (*)Increased gross margin for Fashion and Living. (*)Operating result rises 25.1% to € 55.9 million thanks to Fashion. (*)Net profit on continuing operations more than 37% higher at € 40.1 million. (*)Dividend: € 0.67 (2009: € 0.55); optional dividend. (*)2011: Focus on turnover growth; no statement on expected turnover or results.(##)
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Friday January 28 2011

MACINTOSH ACQUIRES UK SHOE RETAILER JONES BOOTMAKER

(#)(*) Jones Bootmaker fits in perfectly with Macintosh’s growth strategy in Fashion. (*) Macintosh will improve its position as an international shoe retailer. (*) With 93 stores, Jones Bootmaker is a well established multi-brand retailer serving the upper/mid market which complements Macintosh’s Brantano UK. (*) Jones Bootmaker has annual consumer sales of over GBP 95 million and is consistently profitable. (*) Acquisition of Jones Bootmaker will be fully financed with loan capital. (*) Jones Bootmaker is expected to contribute to Macintosh’s net profit in 2011.(##) Macintosh Retail Group has reached agreement with the shareholders of Jones Bootmaker on the acquisition of all shares. The transaction will be completed around the beginning of April 2011.
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Wednesday January 26 2011

OPERATING RESULT 2010 UP SOME 20%

In the second half of 2010, turnover of Macintosh Retail Group rose by nearly € 20 million to € 600 million, of which € 10.5 million (+ 3.5%) in the third quarter and € 9.4 million (+ 3.4%) in the fourth quarter. Fashion reported markedly higher turnover in the second half, while turnover in Automotive & Telecom was virtually unchanged, and Living showed a slight fall.
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Thursday December 2 2010

Macintosh Retail Group to open chain of Steve Madden Shops in the Benelux

Macintosh Retail Group recently entered into a distribution agreement with American footwear giant Steve Madden, Ltd. The cooperation provides an exclusive brand license and the framework to open multiple retail locations in the Benelux [Belgium, The Netherlands and Luxembourg] beginning in the Spring of 2011.
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Wednesday October 20 2010

Good performance in third quarter 2010

Third quarter Macintosh Retail Group’s turnover for the third quarter was € 10.5 million (+ 3.5%) higher than in the same period of 2009. The increase was the result of a marked rise (+ 9%) in Fashion, a slight increase (+ 1%) in Automotive & Telecom and a fall (- 7%) in Living.
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Thursday September 16 2010

REFINANCING SUCCESSFULLY COMPLETED

(#)(*) New credit facility of € 260 million. (*)Term of five years.(##) Macintosh Retail Group has taken out a committed credit facility of € 260 million to refinance the current facility that will expire in March 2011. The new facility will be used with immediate effect to repay existing facilities, at the same time financing working capital, investments and acquisitions now and in the future.
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Tuesday August 31 2010

Half year report 2010

Net profit up more than 10% (#)(*) Marginally lower turnover (- 1.1%) in non-food retail market under pressure (NL: – 2.7%). (*) Gross margin up 1.1 percentage points, mainly thanks to Fashion. (*) Operating result equal. Increase at Fashion; declines at Living and Automotive & Telecom. (*) Lower finance costs due to decrease in average net debt. (*) Net profit on continuing operations up € 0.8 million. (*) Good start of third quarter; no statement on full-year result.
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Friday May 21 2010

DIVIDEND CONVERSION RATIO

The proposal made by the Managing Board to distribute the dividend for 2009 in cash or in the form of shares was adopted at the General Meeting of Shareholders held on April 27, 2010. The cash dividend was set at EUR 0.55 per share. The Managing Board was authorised to set the cash/stock dividend conversion ratio.
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Monday May 10 2010

MACINTOSH RETAIL GROUP NV REPURCHASED 91,451 SHARES

Macintosh Retail Group NV repurchased 6,451 own shares at an average price of EUR 16.4946 per share during the period from May 5, 2010 to May 7, 2010 inclusive. In addition, on May 7, 2010, there were 85,000 own shares repurchased at a price of € 16.50 per share through a “block trade”.
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Tuesday April 27 2010

Genral meeting of shareholders of Macintosh Retail Group

Macintosh Retail Group NV’s financial statements 2009 were adopted at today’s Annual General Meeting of Shareholders.
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Tuesday April 27 2010

First quarterly review 2010

Turnover of Macintosh Retail Group for the first quarter of 2010 was the same as in the first three months of 2009, the balance of a limited increase in the Fashion and Automotive & Telecom sectors and a decline in Living. According to Statistics Netherlands (CBS), consumer spending in the non-food retail market contracted by 5.9% in the first two months of the year.
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Tuesday April 13 2010

MACINTOSH RETAIL GROUP NV REPURCHASED 108,549 SHARES

Macintosh Retail Group NV repurchased 8,549 shares at an average price of € 16.465 during the period from April 1, 2010 to April 13, 2010 inclusive. In addition, on April 8, 2010, it repurchased 100,000 shares at a price of € 16.45 each as part of a block trade. Since April 1, 2010, Macintosh Retail Group NV has repurchased 108,549 shares for a total amount of € 1,785,760.--.
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Thursday April 8 2010

BLOCK TRADE UNDER BUY BACK PROGRAMME MACINTOSH RETAIL GROUP

Macintosh Retail Group NV announces that it has reached agreement today with a shareholder for the repurchase of 100,000 own shares for a price of € 16.45 per share (block trade). This transaction is part of the repurchasing programme as announced on March 31, 2010.
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Wednesday March 31 2010

Repurchase of shares to cover staff options

The Managing Board of Macintosh Retail Group NV announces its intention to repurchase shares to a maximum of € 3.3 million to cover outstanding staff options.
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Thursday March 11 2010

Equal net profit and strong improvement financial position

(#)(*) Turnover 2.7% down due to extremely difficult market conditions and exchange rate effects. (*) Operating result of € 44.7 mln (2008 € 61.3 mlillion); gross margin percentage unchanged. (*) Increase operating result at Automotive & Telecom, virtually no change at Fashion and strong decrease at Living. (*) Net profit € 31.4 million (2008: € 31.3 mln). (*) Net debt position decreases by € 74 million to € 135 million. (*) Dividend: € 0.55 (same as 2008) optionally in cash or shares. (*) 2010: Focus on organic turnover growth; no statement on expected turnover or results (##).
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Tuesday October 20 2009

THIRD QUARTER 2009

Developments in third quarter In the third quarter of 2009, turnover of continuing operations fell € 19 million to € 281 million (- 6.3%), over – € 3 million of which owing to an exchange rate effect. The lower turnover was fully due to the developments in July and August, for which months Statistics Netherlands reported a decrease of – 4.9% and – 11.4%, respectively, for the Dutch non-food retail trade sector.
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Thursday August 27 2009

HALF-YEAR REPORT 2009

Net profit up € 2.9 million (#)(*) Turnover Macintosh Retail Group equal (exchange rate effect excluded) in non-food retail market under high pressure (- 7.1%). (*) Strong focus on gross margin, costs and working capital. (*) Net debt position improved by some € 100 million (- 35%) compared with June 30, 2008. (*) Net profit on continuing operations € 1.2 million lower. (*) Total net profit € 2.9 million up due to sale of BelCompany Belgium. (*) No pronouncement made on full 2009.(##)
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Thursday June 25 2009

BELCOMPANY BELGIUM SOLD TO TELENET

Maastricht / Mechelen, 25 June 2009 - Macintosh Retail Group NV has reached agreement with Telenet on the sale of its BelCompany stores and points of sale in Belgium, as well as its head office in Mechelen. The transfer will take effect as from 30 June 2009. The staff in the relevant stores and in head office will transfer to Telenet under the same terms and conditions of employment.
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Tuesday May 26 2009

OPTIONAL DIVIDEND FOR 2008

The proposal made by the Managing Board to distribute the dividend for 2008 in cash or in the form of shares was adopted at the General Meeting of Shareholders held on April 28, 2009. The cash dividend was set at EUR 0.55 per share. The Managing Board was authorised to set the cash/stock dividend conversion ratio.
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Tuesday April 28 2009

GENERAL MEETING OF SHAREHOLDERS OF MACINTOSH RETAIL GROUP NV

Macintosh Retail Group NV’s Annual Accounts 2008 were adopted at today’s Annual General Meeting of Shareholders.
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Tuesday April 28 2009

2009 UPDATE

As in 2008, the retail market was tough in the first few months of 2009. According to the CBS (Statistics Netherlands), non-food retail spending up to and including February was down 6.9%, mainly owing to a decline in volume (- 6.7%). Available data indicate that consumer spending in the markets relevant to Macintosh Retail Group was also under pressure. Macintosh Retail Group’s sectors and store formats showed a highly varied performance in terms of turnover. Total turnover until April 28, 2009 was in line with that for the same period in 2008.
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Tuesday April 21 2009

NEW GENERAL MANAGER HOOGENBOSCH RETAIL GROUP

The Managing Board of Macintosh Retail Group has appointed mr H. Sieders (42) as managing director of subsidiary Hoogenbosch Retail Group with effect from May 1, 2009.
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Thursday March 19 2009

ANNUAL RESULTS AND DIVIDEND FOR 2008, PROSPECTS 2009

Operating result 2008: € 54.1 million; solid result in second half year. (#)(*)Difficult retail market. (*) Turnover up € 266.2 million to € 1,186.5 million thanks to the acquisition of Brantano and growth at Living. All sectors improved turnover in second half year. (*) Operating result from € 66.9 million to € 54.1 million, mainly due to weak first half year. (*) Net profit from € 47.5 million to € 31.3 million, due in part to the financing costs for the acquisition of Brantano. (*) Dividend: € 0.55 per share; option for distribution in cash or in shares. (*) No announcements on expected development of turnover and result in 2009.
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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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Tuesday December 11 2007

MITISKA AND SOBRADIS HAVE TENDERED THEIR SHARES (56.6% OF TOTAL) IN VOLUNTARY PUBLIC OFFER FOR SHOE RETAILER BRANTANO

Macintosh Retail Group N.V. announces that major shareholders Mitiska NV and Sobradis NV, which jointly hold directly and indirectly (through Brafin Stichting Administratiekantoor) 56.6% of the shares in Brantano NV, have tendered their shares in the voluntary public offer at the offer price of € 55.00.
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Friday December 7 2007

PROSPECTUS TO BE PUBLISHED CONCERNING VOLUNTARY PUBLIC OFFER FOR SHOE RETAILER BRANTANO

(#)(*)Offer price per share in Brantano NV: € 55.00. (*)Acceptance period: December 10, 2007 to December 21, 2007 inclusive. (*)Announcement of result of offer: January 2, 2008.(##)
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Thursday November 15 2007

SHAREHOLDERS OF MACINTOSH RETAIL GROUP APPROVE VOLUNTARY PUBLIC OFFER FOR BRANTANO

At today’s General Meeting of Shareholders, the shareholders of Macintosh Retail Group approved the proposed voluntary public offer for the entire share capital of Brantano NV, listed on the Euronext Brussels stock exchange.
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Monday October 29 2007

MACINTOSH RETAIL GROUP PLANS TO MAKE VOLUNTARY PUBLIC OFFER FOR SHOE RETAILER BRANTANO

(^PUBLISHED IN ACCORDANCE WITH ARTICLE 8 OF THE BELGIAN ROYAL DECREE OF APRIL 27, 2007 ON TAKE OVER BIDS^) (#)(*)Acquisition of Brantano is perfectly in line with Macintosh Retail Group’s growth strategy. (*)Macintosh Retail Group will strengthen its position as international shoe retailer. (*)Brantano leads the Belgian shoe market with 125 stores, and is the largest out-of-town shoe retail chain in the UK with 146 outlets. (*)Total turnover Brantano approx. € 300 million; long-term profitable company. (*)Offer price per share: € 55.00 (almost 30% premium); total offer price: € 158.2 million. (*)Finance of the acquisition entirely with loan capital. (*)Brantano’s major shareholders (jointly owning over 56%) support the offer and are prepared to tender their shares.(##)
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Tuesday October 16 2007

NEW MANAGEMENT AT BELCOMPANY

The Managing Board of Macintosh Retail Group announces that a new management team will be appointed at the Group’s subsidiary BelCompany Netherlands. The underlying reason is to strengthen the organisation in light of the changing Dutch telecom market.
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Friday October 5 2007

NEW MANAGEMENT AT KWANTUM

The Managing Board of Macintosh Retail Group announces that Mr P.A.E. (Edward) Buitelaar (43) will be appointed Managing Director of the Group’s subsidiary Kwantum with effect from November 5, 2007.
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Thursday August 30 2007

HALF-YEAR REPORT 2007

INCREASE NET PROFIT OF MACINTOSH RETAIL GROUP TO € 24.6 MILLION (#)(*)Turnover rises 4.1% to € 450 million. (*)Increase in operating result by 4.8% to € 24.7 million. (*)Net profit up 54% to € 24.6 million (€ 1.13 per share), mainly thanks to the effect of the sale of the furniture activities. (*)Higher total net profit expected for full year 2007 (2006: € 46.0 million).(##)
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Thursday July 12 2007

TRADING UPDATE FOR FIRST HALF 2007

MACINTOSH RETAIL GROUP INCREASES TURNOVER (#)(*)Turnover up 4.1% to € 450 million. (*)Operating result for the first six months expected to show a moderate increase compared with 2006 (€ 23.6 million). (*)Net profit for first six months expected to be substantially higher than in previous year (2006: € 16.0 million), mainly due to effects of the sale of the furniture activities.(##)
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Tuesday June 5 2007

MACINTOSH RETAIL GROUP REPURCHASES 181,561 OWN SHARES (0.82%)

The Managing Board of Macintosh Retail Group NV announces that it has repurchased 181,561 shares (0.82%) in its own capital.
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Tuesday May 22 2007

MACINTOSH RETAIL GROUP REPURCHASES 127,960 OWN SHARES (0.57%)

The Managing Board of Macintosh Retail Group NV announces that it has repurchased 127,960 shares (0.57%) in its own capital.
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Tuesday May 15 2007

MANAGEMENT CHANGE AT BELCOMPANY NETHERLANDS

Mr G.H. Ellens (48) has indicated that he will retire as managing Director of BelCompany BV (Netherlands) on July 1, 2007. The Managing Board of Macintosh Retail Group granted this request.
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Tuesday May 8 2007

MACINTOSH RETAIL GROUP REPURCHASES 20,479 OWN SHARES (0.09%)

The Managing Board of Macintosh Retail Group NV announces that it has repurchased 20,479 (0.09 %) shares in its own capital.
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Tuesday April 24 2007

MACINTOSH RETAIL GROUP NV’s MEETING OF SHAREHOLDERS

Macintosh Retail Group NV’s 2006 annual accounts were adopted at today’s General Meeting of Shareholders.
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Friday March 16 2007

MANAGEMENT CHANGES AT HALFORDS

After a period of service of more than 9 years, 8 of which as Managing Director, Mr P. Burger (46) has indicated that he will retire as Managing Director of Halfords Nederland BV on June 1, 2007. The Managing Board of Macintosh Retail Group granted this request, expressing its appreciation to Mr Burger for his contribution to the expansion of Halfords to the specialist for bicycles, car and bicycle accessories and mobile navigation systems with 152 shops in the Netherlands and Belgium.
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Thursday March 15 2007

ANNUAL RESULTS AND DIVIDEND FOR 2006, PROSPECTS FOR 2007

MACINTOSH RETAIL GROUP’S NET PROFIT UP 40% TO € 46.0 MILLION
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Wednesday March 7 2007

Changes in Managing Board of Macintosh Retail Group

On July 1, 2007, Mr M.S.J.H. Stevens (CFO) and Mr L.J.J.M. van de Wiel (COO) will retire from the Managing Board of Macintosh Retail Group on account of reaching the retirement age.
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Friday March 2 2007

TRANSFER OF PIET KLERKX AND STOUTENBEEK BY MACINTOSH RETAIL GROUP TO DE MANDEMAKERS GROEP EFFECTUATED.

Macintosh Retail Group has transferred all its shares in Furniture Holding BV (holding company of all furniture activities of Piet Klerkx and Stoutenbeek) to De Mandemakers Groep with effect as from January 1, 2007.
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Monday January 15 2007

TRADING UPDATE 2006

MACINTOSH RETAIL GROUP INCREASES TURNOVER WITH 20% AND FORECASTS MORE THAN 35% HIGHER NET PROFIT 2006 (#)(*) Turnover for 2006 up 20.3% from € 817.6 million to € 983.8 million. (*) Turnover on continuing activities up 28.3%, including 24.8% from acquisition of Scapino. (*) Total operating result for 2006 expected to be more than 40% higher than in 2005. (*) Net profit 2006 expected to be more than 35% higher than in 2005.
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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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Thursday September 1 2005

IFRS annexe to 2005 half-year report of Macintosh Retail Group

Accounting policies used Up to and including the 2004 annual accounts, the consolidated figures of Macintosh Retail Group NV were prepared in accordance with Dutch GAAP. Commencing with the 2005 annual accounts, Macintosh is obliged to prepare its consolidated figures in accordance with the international reporting rules adopted by the EU: International Financial Reporting Standards (IFRS). The standards to be applied are those in force at the reporting date, i.e. December 31, 2005. In anticipation of the standards to be applied to the 2005 full-year figures, Macintosh Retail Group is presenting the 2005 half-year figures in accordance with IFRS.
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Thursday September 1 2005

2005 HALF-YEAR REPORT OF MACINTOSH RETAIL GROUP

NET PROFIT UP AND LIMITED DROP IN TURNOVER In the first half of 2005, Macintosh Retail Group achieved turnover of € 384.0 million, compared with € 395.9 million in the first half of 2004. The turnover of Macintosh Retail Group’s continuing activities (excluding Superconfex) decreased 2.5%, compared with a drop of 3.7% in non-food retail spending in the Netherlands. Net profit increased by € 2.7 million to € 9.7 million, equivalent to earnings per share of € 1.34 (2004: € 0.98).
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Wednesday July 13 2005

2005 HALF-YEAR TRADING UPDATE

MACINTOSH RETAIL GROUP : LIMITED FALL IN TURNOVER (- 2.5%) IN VERY DIFFICULT MARKET Turnover from the continuing activities of Macintosh Retail Group (excluding Superconfex) fell by 2.5% from € 375.2 million to € 365.8 million in the first half of 2005, while non-food spending in the Netherlands decreased by 4.1% in the first four months.
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Wednesday July 13 2005

SUPERCONFEX SELLS 22 STORES TO BR BEDDING

The Superconfex chain of clothing stores has reached agreement on the sale to BR Bedding of the trading activities of 22 of the 42 stores it operates in Belgium. All 130 employees with permanent contracts working in the 22 stores will transfer to BR Bedding while retaining their conditions of employment in accordance with CAO 32bis. The transfer will be effective as from September 1, 2005. In early June it was announced that the remaining 20 Superconfex stores in Belgium would be transferred to C&A Belgium on January 1, 2006.
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Tuesday July 12 2005

SUPERCONFEX CLOSES HEAD OFFICE AND DISTRIBUTION CENTRE IN THE NETHERLANDS

As the Belgian stores of Superconfex NV will be sold in 2005, the intention is to close the head office, distribution centre and store of Superconfex BV in Stein (the Netherlands), which means that a total of 43 employees (38 FTEs) will lose their jobs.
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Tuesday June 21 2005

Dividendpagina Engels


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Wednesday June 15 2005

Retail is our business


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Monday June 6 2005

SUPERCONFEX TO SELL 20 STORES TO C&A BELGIUM

The Superconfex chain of clothing stores has reached agreement on the sale of the trading activities of 20 of the 42 stores which it operates in Belgium to C&A Belgium. All 131 employees with a contract for an indefinite period of time working in the 20 stores will transfer to C&A while retaining their terms and conditions of employment according to CAO 32bis. The transfer will be effective as from January 1, 2006, after the required procedures have been completed.
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Thursday April 28 2005

MACINTOSH RETAIL GROUP NV MEETING OF SHAREHOLDERS

Macintosh Retail Group NV’s 2004 annual accounts were adopted at today’s General Meeting of Shareholders. This implies that a dividend of € 1.05 per share, or 42.7% of net earnings of € 2.58 per share (2003: € 0.72, or 42.2% of € 1.78), will be distributed. The date of the ex-dividend quotation is Monday, May 2, 2005 and the dividend will be payable as from Thursday, May 12, 2005.
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Thursday March 10 2005

ANNUAL RESULTS AND DIVIDEND FOR 2004, PROSPECTS FOR 2005

MACINTOSH RETAIL GROUP’S TURNOVER AND NET PROFIT UP 3% AND 44% RESPECTIVELY IN 2004; DIVIDEND 46% UP TO € 1.05.
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Friday January 14 2005

2004 TRADING UPDATE

MACINTOSH RETAIL GROUP ACHIEVES HIGHER TURNOVER AND EXPECTS A CONSIDERABLE INCREASE IN NET PROFIT 2004 Macintosh Retail Group’s turnover rose by 3.1% to € 805.5 million in 2004, despite consistently poor market conditions. All sectors, with the exception of clothing, gained market share. It is expected that the net profit for 2004 will be considerably higher than in 2003 (net profit in 2003: € 12.7 million).
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Thursday September 2 2004

2004 HALF-YEAR REPORT OF MACINTOSH RETAIL GROUP

INCREASE IN TURNOVER, OPERATING RESULT AND NET PROFIT Macintosh Retail Group achieved turnover of € 393.5 million in the first half of 2004 compared with € 383.1 million in 2003 (+ 2.7%). The operating result grew from € 7.3 million to € 8.1 million (+ 10%). Net profit was up 25% from € 3.8 million to € 4.8 million. Net earnings per share amounted to € 0.68 (2003: € 0.54).
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Wednesday July 14 2004

TRADING UPDATE FOR FIRST HALF YEAR

MACINTOSH RETAIL GROUP INCREASES TURNOVER AGAIN In the first half of 2004, Macintosh Retail Group achieved turnover almost 3% above the 2003 figure, despite a further decline in retail spending.
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Wednesday April 21 2004

MACINTOSH RETAIL GROUP NV MEETING OF SHAREHOLDERS

Macintosh Retail Group NV’s 2003 annual accounts were approved at today’s Annual General Meeting of Shareholders. This means that a dividend of € 0.72 per share will be paid, corresponding to 42% of the net profit (2003: € 0.65, or 40%). The date of the ex-dividend quotation is Friday, April 23, 2004 and the dividend will be payable as from Tuesday May 4, 2004.
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Thursday March 11 2004

ANNUAL RESULTS AND DIVIDEND FOR 2003, PROSPECTS FOR 2004

MACINTOSH RETAIL GROUP'S TURNOVER UP DESPITE DIFFICULT MARKET; DIVIDEND UP
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Friday January 23 2004

HIGHER TURNOVER MACINTOSH RETAIL GROUP DESPITE POOR MARKET CONDITIONS.

Macintosh Retail Group realised turnover in 2003 of almost 2% above 2002 despite poor market conditions. Operating profit and net profit on ordinary activities are expected to be around the same level as in 2002 (2002 operating profit: € 22.6 million; 2002 net profit on ordinary activities: € 12.2 million).
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Thursday September 4 2003

2003 SEMI-ANNUAL REPORT OF MACINTOSH RETAIL GROUP

Higher net profit on ordinary activities In the first six months of 2003, Macintosh Retail Group achieved turnover of EUR 383.1 million, compared with EUR 370.3 million in 2002 (+ 3.5%). Turnover from continuing activities rose by 7.4%. Despite further deterioration of market conditions, the operating result rose slightly from EUR 7.2 million to EUR 7.3 million. Net profit on ordinary activities increased by 13.9% from EUR 3.3 million to EUR 3.8 million. Net profit on ordinary activities per share amounted to EUR 0.54, as against EUR 0.45 in 2002.
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Friday July 18 2003

PROVISIONAL 2003 HALF-YEAR FIGURES OF MACINTOSH RETAIL GROUP

Increased net profit on ordinary activities Macintosh Retail Group achieved an operating result in the first half of 2003 which, despite further deteriorating market conditions, matched that for the same period in 2002, realising a higher net profit on ordinary activities at the same time.
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Thursday May 1 2003

MACINTOSH RETAIL GROUP NV MEETING OF SHAREHOLDERS

Macintosh Retail Group NV’s 2002 annual accounts were approved at today’s Annual General Meeting of Shareholders. This means that a dividend of EUR 0.65 per share will be distributed. The date of the ex-dividend quotation is Monday, May 5, 2003 and the dividend will be payable as from May 15, 2003.
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Friday March 14 2003

ANNUAL RESULTS AND DIVIDEND FOR 2002, PROSPECTS FOR 2003

MACINTOSH RETAIL GROUP'S RESULTS SHOW SHARP RECOVERY IN 2002 Further to the press release of January 24, 2003, Macintosh Retail Group hereby announces the following. Despite the weaker economic climate, Macintosh Retail Group succeeded in improving its operating result by 25% to EUR 22.6 million in 2002 (2001: EUR 18.1 million), while net profit on ordinary activities increased by EUR 7.9 million to EUR 12.2 million (2001: EUR 4.3 million). This can be primarily attributed to the implementation of profit recovery measures and tight cost control. Net profit on ordinary activities per share rose from EUR 0.57 to EUR 1.64. The return on capital employed (ROCE) was also up on 2001 at 11.4% (2001: 8.3%). Thanks to a net extraordinary gain of EUR 14.2 million, total net profit for 2002 came to EUR 26.4 million, compared with a net loss of EUR 18.7 million for 2001. The cash flow from ordinary activities amounted to EUR 34.0 million in 2002 (2001: EUR 29.7 million). A dividend of EUR 0.65 per share will be distributed to shareholders for 2002 (2001: EUR 0.50 charged to reserves). In 2002, our retail formulas were further expanded. A total of 31 new stores were opened, including 4 relocations, mainly at GP Décors and Kwantum in the Netherlands. Due to the sale and closure of 109 stores, the total number of stores fell on balance by 82 to 717.
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Friday January 24 2003

MACINTOSH RETAIL GROUP’S RESULTS SHOW SHARP RECOVERY IN 2002

Prior to the publication of the 2002 annual results on March 14, 2003, Macintosh Retail Group announces the following. Despite the weaker economic climate, Macintosh Retail Group succeeded in improving its operating profit by 25% to EUR 22.6 million in 2002 (2001: EUR 18.1 million), while net profit on ordinary activities increased by EUR 7.9 million to EUR 12.2 million (2001: EUR 4.3 million). This can be primarily attributed to the profit recovery measures taken and tight cost control. Net profit on ordinary activities per share rose from EUR 0.57 to EUR 1.64. Thanks to a net extraordinary gain of € 14.2 million, total net profit for 2002 came to EUR 26.4 million compared with a net loss of EUR 18.7 million for 2001. Total cash flow is expected to amount to some EUR 64 million (2001: EUR 25.8 million).
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Friday January 17 2003

MACINTOSH RETAIL GROUP PURCHASES 4.5% OF OWN SHARES

The Managing Board announces that it has purchased 337,000 (4.5%) of its own shares outside the market.
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Monday December 30 2002

SALE OF IMMOVABLE PROPERTY OF PIET KLERKX FURNITURE MALL IN WAALWIJK

Macintosh Retail Group announces that the immovable property of the Piet Klerkx furniture mall in Waalwijk was sold today. The sale, which was effected by means of an off-balance-sheet lease with Lage Landen Vastgoedfinanciering, generates a net gain of some EUR 9 million.
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Friday August 30 2002

2002 HALF-YEAR RESULTS OF MACINTOSH RETAIL GROUP

Macintosh Retail Group achieves higher profit
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Thursday August 29 2002

MACINTOSH RETAIL GROUP SELLS BENTEX TO DENIM HOLDING

Macintosh Retail Group NV and Denim Holding BV announce that Bentex, a clothing retail chain belonging to Macintosh Retail Group, has been acquired by Denim Holding per January 1, 2002. The related transaction has been completed today. This will result in a gain on sale of more than EUR 1 million.
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Friday July 12 2002

HALF-YEAR RESULT 2002 Higher profit Macintosh Retail Group

In advance of the publication of the definitive semi-annual figures on August 29, 2002, the Managing Board of Macintosh Retail Group announces that a net profit on ordinary activities of EUR 3.3 million was achieved in the first half of 2002, compared with EUR 2.9 million in the same period in 2001.
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Tuesday April 16 2002

INTENDED AGREEMENT ON SALE OF MYWEB TO WANADOO

The Managing Board of Macintosh Retail Group NV and Wanadoo S.A. have signed a letter of intent agreeing in principle on a 100% acquisition of MyWeb BV by Euronet Internet BV (a wholly owned subsidiary of Wanadoo S.A.). If the further discussions and the procedures to take place hereafter lead to a favourable result, a definitive agreement for the acquisition could be signed shortly. It is expected that the proceeds of the sale will partially offset the investments in MyWeb, which were written off in 2001, and therefore result in a book profit for Macintosh Retail Group in 2002.
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Friday April 5 2002

CHANGES IN BOARD AT MACINTOSH RETAIL GROUP

After working for 34 years at Macintosh Retail Group NV, 6 years of which as Member of the Managing Board and almost 25 years as CEO, Mr G.J. Beijer indicated last year that he wished to step down in due course. The Supervisory Board consented to this request on the understanding that Mr Beijer relinquishes his duties at Macintosh Retail Group as of February 1, 2003.
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Tuesday March 26 2002

ANNUAL RESULTS AND DIVIDEND FOR 2001, PROSPECTS FOR 2002

Further to the press release of January 25, 2002, Macintosh Retail Group NV hereby announces the following. The turnaround which marked the second half of 2000 heralded the onset of adverse economic conditions to which Macintosh Retail Group was exposed throughout 2001. Consumer confidence fell steadily. This was not always reflected in the official market figures on consumer spending as the picture was obscured by the highest inflation for many years. In volume terms the lowest growth of the last 7 years in the Netherlands was recorded, and spending in a number of sectors relevant for Macintosh Retail Group stagnated or fell.
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Friday January 25 2002

MACINTOSH RETAIL GROUP TURNOVER AND RESULTS FOR 2001

In advance of the publication of the 2001 annual figures on March 7, 2002, Macintosh Retail Group announces the following. Turnover of EUR 810 million was generated in 2001, compared with EUR 803 million in 2000. The operating result fell from EUR 35.5 million to EUR 18.1 million. Net profit on ordinary activities totalled EUR 4.3 million (2000: EUR 18.3 million). Owing to a number of restructuring measures, a net extraordinary expense slightly in excess of EUR 20 million (2000: income of EUR 0.8 million) is anticipated for 2001. The total cash flow (net result + depreciation / writing down of fixed assets) is expected to be more than EUR 25 million, compared with EUR 45.2 million in 2000.
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Tuesday November 27 2001

Press Release

In June 2001 Macintosh Retail Group announced a number of measures to improve the long-term profitability, namely the sale of the clothing sector activities (Superconfex and Bentex), the closure of BelCompany Germany as well as the concentration of Hoogenbosch on expansion in the Netherlands and expansion of Manfield in Germany and consequently the closure of the other Hoogenbosch stores in Belgium and Germany. The closure of the BelCompany stores in Germany and the transfer of the tenancy rights of the relevant Hoogenbosch stores outside the Netherlands have since been effected.
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Wednesday September 5 2001

2001 HALF-YEAR REPORT OF MACINTOSH RETAIL GROUP

GROUP PROFIT AND LOSS ACCOUNT In the first half of 2001, Macintosh Retail Group generated turnover of EUR 404.9 million compared with EUR 406.9 million in the first six months of 2000. Operating result amounted to EUR 9.1 million compared with EUR 15.9 million in 2000. Net profit on ordinary activities amounted to EUR 2.9 million (in 2000: EUR 7.8 million), or EUR 0.38 per share (in 2000: EUR 1.01).
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Friday August 31 2001

MACINTOSH RETAIL GROUP TAKES MEASURES TO IMPROVE PROFITABILITY

Net profit on ordinary activities in the first half of 2001 sharply down on 2000 In advance of the publication of the provisional half-year figures on 13 July 2001, the Managing Board of Macintosh Retail Group hereby announces that the net profit on ordinary activities for the first half of 2001 will be sharply down on the same period in 2000, due in particular to disappointing sales and results at Superconfex. In addition there will be an extraordinary net expense of a few million euros in connection with the decision made to discontinue the loss-making BelCompany pilot in Germany by 30 June 2001. In addition a number of other measures are being prepared in order to achieve a lasting improvement in profitability. The most important of these measures is the disposal of the activities in the clothing sector (Superconfex and Bentex) as well as the concentration of Hoogenbosch on expansion in the Netherlands and the expansion of Manfield in Germany, and consequently the closure of the stores of HoogenboschÂ’s other formulas in Belgium and Germany.
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Friday July 13 2001

MACINTOSH RETAIL GROUP NV TURNOVER AND RESULTS FOR THE FIRST SIX MONTHS OF 2001

Further to the press release of June 25, 2001, the Managing Board of Macintosh Retail Group announces that the operating result for the first half of 2001 amounted to EUR 9.1 million in comparison with the published operating result of EUR 15.9 million for the corresponding period of 2000. Net profit on ordinary activities totalled EUR 2.9 million, as against EUR 7.8 million in 2000.
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Thursday May 31 2001

Macintosh Retail Group NV Annual General Meeting of Shareholders

Macintosh Retail Group NV’s 2000 annual accounts were approved during today’s Annual General Meeting of Shareholders. Consequently, a dividend of EUR 1.10 per listed share will be distributed, as in 1999. The dividend will be payable as of May 10, 2001.
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