Belgian crystal maker Val Saint-Lambert International said 18/05/06 that its consolidated group net turnover in 2005 was EUR 2.8M, with a net loss of EUR 184,935. The company said that 2006 will show the relevance of its strategy with a real breakthrough in the 3 countries where growth is expected. According to the firm, the 1Q 2006 confirms the business plan implemented during the initial public offering & the merits of the strategy adopted: turnover up 37% on the same period in 2005. First quarter 2006 turnover reached EUR 1.2M. The company expects larger sales volume on the international market in France, USA & Japan, with the signing of deals during the 1Q 2006. Turnover in the 2H/06 will take into account new customers & high sales volumes added during the 1Q/06: EUR 500,000 from a French customer & EUR 2M from Europe. The firm will open a shop in Paris, on rue de la Paix, on 1 June 2006.
