French luxury goods group PPR has posted revenues of €9.2 billion for the first half of 2007, up 11.4% compared with the first half of 2006. These results include Puma revenues, which were fully consolidated from April 1.

For the second quarter, the group recorded revenues of €4.8 billion, up 18.1% compared with the prior-year period. Revenues outside France accounted for 61% of total sales, versus 57% in the second quarter of 2006.

Excluding Puma, revenues were up 5.7% in the first half and 5.9% in the second quarter.

The group’s takeover offer for Puma was successfully concluded on July 11, with a 62.1% stake in the company's share. In the second quarter, Puma recorded a 3.1% increase in revenues on a comparable basis.