Sales downturn forces ST Dupont to reduce exports

Published: 9-Feb-2009

The ST Dupont luxury products group, whose interests include fragrances, has reported net profits for the first nine months of 2008-09 (April-Dec 2008) of €1.1m following a cost-control programme and production of products generating large margins. However, sales declined by 22.4% to €47.7m with an especially weak third quarter.


The ST Dupont luxury products group, whose interests include fragrances, has reported net profits for the first nine months of 2008-09 (April-Dec 2008) of €1.1m following a cost-control programme and production of products generating large margins. However, sales declined by 22.4% to €47.7m with an especially weak third quarter.

The group was forced to stop deliveries to the Russian market in the wake of the economic crisis and the crisis also affected other foreign markets, with the notable exception of Hong Kong and China.

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