Le Coq Sportif Q3 profit almost triples

By

Bruno Joly

Published
Nov 19, 2010

The French sporting goods company maintains high performance. The designer label, owned by Swiss holding company Aresis, has just published its Q3 results and continues the double-digit growth. From January to December, Le Coq Sportif saw its total revenue increase by 12% and go over 72 million euros.

During this third quarter period, its earnings before interest and taxes leaped to 78% to more than 7 million. The parent company’s other subsidiary, Boards & More Group (North Kiteboarding, Ion, Fanatic, etc), also had their sales rise 12%, nearly hitting the 27 million mark. As for the profit, it almost tripled and surpassed 3 million euros.