Canadian swimwear company Groupe Bikini Village inc. has reported its financial results for the first quarter ended April 29.

Sales from continuing operations increased by 10.3%, to $8.5 million compared with $7.7 million for the same period last year. Operating margin was 1.8%, compared with a negative operating margin of 1.4% the previous year and loss from continuing operations decreased by over $1.1 million to $17,000, from a loss of $1.1 million in the previous year.

Net loss for the quarter was $17,000 compared with $2.8 million for the same period in 2005.

Groupe Bikini Village inc. has also officially announced the appointment of Sylvie Lalande as a company director who is filling the vacancy left by the departure of Normand Legault.