SMCP SA (SMCP.PA)
22 Mar 2019
Thu, Mar 21 2019
PARIS, March 21 SMCP, the French fashion group behind Sandro, forecast sales would grow at a more moderate pace in 2019 as street protests rock its home market and Britain's messy EU exit spreads uncertainty, sending its shares lower on Wednesday.
PARIS, March 21 SMCP, the group behind fashion brands Sandro and Maje, posted higher annual profits on Thursday and expressed confidence of further growth in 2019 despite volatile macroeconomic conditions.
* "Yellow vest" protests drag on French earnings (Recasts and writes through to focus on China comments, yellow vests impact in France)
PARIS, Oct 30 SMCP, the company behind French fashion brands Sandro, Maje and Claudie Pierlot, posted a 14 percent rise in third-quarter sales, with the Americas overtaking Asia as its biggest driver of growth, and kept its forecasts for more growth.