News

In 2006 ECCO Sko A/S achieved the Group's best result ever

In almost all respects, the ECCO Group achieved its best results ever in 2006. ECCO’s collections were received very positively in all major markets, leading to a 14.5 per cent increase in sales volumes to approx. 14.8 million pairs of shoes – the highest number in the company’s history.

The increase was achieved in all product groups – Men’s, Ladies’, Kids’, Golf and Performance. The net revenues from shoes increased by 18.9 per cent, while ECCO’s total net revenues, which also includes sales of accessories and leather, increased to DKK 4,470 million in 2006, corresponding to a 16.7 per cent increase compared to 2005.

The healthy growth generated a number of very satisfactory results: the operating profit (EBIT) was DKK 759 million against DKK 424 million the year before, corresponding to a 79 per cent increase. The ECCO Group’s profit before tax was DKK 709 million in 2006 against DKK 350 million in 2005, an increase of 103 per cent. Profit after tax and minority interests amounted to DKK 489 million against DKK 226 million the year before, corresponding to a 117 per cent increase.

To see the complete press release and the 2006 Annual Report, please go to 
Downladcenter .