FINANCIAL YEAR 2010/2011
THE LEADING
Consolidated net revenue in millions of €
1st quarter (01/10-31/12)2010/2011212.22009/2010
204.6 Variation +3.7%LOW PRICE
NON-FOOD RETAILER
2nd quarter (01/01-31/03) 138.5
3rd quarter (01/04-30/06) 162.5Total 513.2129.4
147.4 481.4 +7.0% +10.2% +6.6%352 STORES AT30 JUNE 20113rd QUARTER:5 NEW STORES AND5 TRANSFERS/EXTENSIONSCONTACTS:
JEAN-DOMINIQUE DEPELLEY, Secretary General STEPHANE NETTO,
Provisional unaudited figures
RESULTS IN LINE WITH TARGETS
Like-for-like growth significantly up over the last three months (April to June 2011), combined with continued expansion (5 new stores in the quarter), resulted in a double figure rise in business in the quarter.
Very good sales performance in the 3rd quarter contributes to positive cumulative like-for- like growth over nine months, in line with the annual target set at the beginning of the financial year.QUARTERLY FINANCIAL INFORMATION
In accordance with the Transparency Directive, the quarterly financial report has been put on line with the accredited publisher (www.actusnews.com) and can be viewed on the Group web site (www.gifi.fr) under the heading “GIFI FINANCE” - “Regulated information”.
OTHER INFORMATION - SIMPLIFIED BUYOUT OFFEROn 19 July 2011, the AMF (Autorité des marchés financiers – French Financial Markets Authority) ruled as compliant the Offre Publique d’Achat simplifiée (OPAs – simplified buyout offer) initiated by Groupe Philippe Ginestet (GPG), acting together with Mr. Philippe Ginestet, Mrs. Martine Ginestet, Mr. Alexandre Ginestet and Ginestet
Investissements Services. GPG’s memorandum as bidder and GIFI’s memorandum as target were published, and the information specified in article 231-28 of the AMF’s general regulations was filed and published. The simplified buyout offer opens on 22 July 2011 and closes on 4 August 2011 at close of business. Accounting and Financial Directorcontactfinances@gifi.fr Tel: +33 (0)5 53 40 54 54 Fax: +33 (0)5 53 40 54 64Website: www.gifi.fr The simplified buyout offer will be followed by the compulsory buyout of minority holdings at the end of which GIFI shares will no longer be listed.Listing: Euronext, Compartment B - Index: CAC Allshares
ISIN code: FR0000075095 - Reuters: GIFP.PA - Bloomberg: IGF FP