SSL predicts sales up by 9 percent in first half

London - Healthcare and condom manufacturer SSL has said it expects sales for the six months to 30 Sept 2007 to be up by about 9 percent, on a like-for-like basis. The company will release its official results statement on 20 November.

SSL said, "Sales in the period are expected to be in excess of £260 million (€373 million) (2006: £236 million); this includes a full half-year contribution from China, adjusting for this (by adding £4 million to the comparative period) and for currency movements like for like sales are expected to have grown by approximately 9 percent. The growth has been seen across all categories and notably through the two global brands, Durex and Scholl.

The statement continued, "Durex's performance has been driven in particular by branded condoms in Eastern Europe, U.K., Italy and China; and by lubricants in Spain." It concluded, "On a full year basis the Group reaffirms its expectation of double digit operating profit growth during this financial year."

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Press release from SSL