26 July 2013 - The Toupargel Groupe SA Board of Directors met on 24 July 2013 to approve the interim financial statements on the basis of IFRS for the period from 1 January to 30 June 2013.
The interim financial statements have been subject to a limited review by the Statutory Auditors.
Q2 2013 sales totaled €71.4 million, down 10.0% compared with Q2 2012.
Over all of H1 2013, sales were down 10.8% to €145.6 million.
The €17.6 million decline resulted from a calendar effect, as there were three fewer selling days than in H1 2012, the horsemeat scandal, lower new customer creation and a delay in marketing campaigns on the e-commerce website.
The recessionary economic conditions and unfavourable spring weather also weighed down performance in the first half of the year.