Parent company Kruidvat and ICI Paris XL sees sales rise 4%

Stable growth despite crisis

According to the year report of Hutchinson
Whampoa, the parent company of A.S. Watson, all important units of the retail
group had a significant input to the growing sales and operational margin, on a comparable
basis. Even in Europe the results were good, despite the ongoing crisis, mainly
due to keeping costs under control and heightened efficiency.

In 2013 A.S. Watson wants to expand the number
of locations, mainly in markets with a higher
economic growth such as China and a number of other Asian countries. The company is mainly active in health and
personal care products and has 10.800 shops and pharmacies worldwide, divided
across 20 retail formulas in 33 markets.