Sales surge for Simba

German giant predicts further sales growth after ?strong? performance by its overseas businesses in 2007.
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Simba-Dickie has posted sales of €370 million for 2007, a nine per cent increase on its 2006 performance. €230 million of this came from “strong” performances from its overseas businesses, two of which are in Hong Kong.

Exports accounted for about 62 per cent of the firm’s turnover, compared with 59 per cent in 2006 with the firm highlighting France, England, Spain and Holland as the most important markets.

The group forecasts a further increase in sales of 4 per cent to €385 million in 2008.



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Australian toy distributor Funtastic has begun reviewing its product range and could exit certain categories after a disappointing performance in sales and margins.

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