Tefron posts strong growth

10/03/2006

Israeli manufacturer of seamless intimate apparel, activewear and swimwear Tefron has posted strong growth in revenues and profitability for the fourth quarter and full year 2005.

Revenues reached $205.6 million during 2005, up 12.5% over 2004. Gross margins reached 19.1% and operating margins reached 6.5% in 2005.

For the fourth quarter revenues reached $55.1 million, up 23.4% over the same period in 2004. Gross margins reached 23.3% and operating margins reached 3.4%.

Tefron manufactures seamless intimate apparel, activewear and swimwear sold throughout the world by such brands including Nike, The Gap, Banana Republic, Target, Warnaco/Calvin Klein, Patagonia, and Reebok.