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Last Updated: Wednesday, 24 May 2006, 07:16 GMT 08:16 UK
World Cup sales boost helps Kesa
Flat screen TVs on sale in Kesa store
The World Cup is expected to boost demand for flat screen TVs
Revenues have picked up at Comet owner Kesa, helped by strong TV sales in the run-up to the football World Cup.

Kesa, which also owns French market leader Darty, said its first-quarter group sales to 30 April grew 6.5%.

But demand in the UK for electrical appliances such as cookers and washing machines remained weak.

Like-for-like sales at Darty rose 4.7% and were up 2.8% at Comet, as the group recorded what it called a "satisfactory start" to 2006.

Chief executive Jean-Noel Labroue said: "In May, ahead of the World Cup, we are seeing further acceleration of TV sales across the group."

In January Kesa said pre-tax profits had dropped by almost a fifth during 2005, to 143.3m ($251m).


SEE ALSO:
Profits slide at Comet owner Kesa
22 Mar 06 |  Business
Comet owner cautious on profits
19 Jan 06 |  Business
Comet losses hit parent firm Kesa
28 Sep 05 |  Business
Comet stores heading for losses
25 May 05 |  Business
Sales spark at Comet owner Kesa
26 May 04 |  Business


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