Luxury fashion group Wolford delivered double-digit sales growth in all its key markets in the first half of fiscal 2007/8, boosted by a strong second quarter performance.

Sales in the six months to 31 October rose 18.2% to EUR76.5m (US$110.9m), while EBITDA increased 25.5% to EUR8.4m and EBIT was up 43.1% to EUR5.1m.

Pre-tax profit from continuing operations jumped 53.8% to EUR4m, and profit from continuing operations before adjustments was up 28% to EUR7.3m.

The company said brand sales in every important product group achieved "tangible" growth, with legwear and ready-to-wear the highlights, although lingerie and accessories also showed double-digit sales increases.

"We again beat the year-earlier sales figure, with the highest year-over-year growth of 19.1% coming in the seasonally strong fiscal second quarter," said Holger Dahmen, Wolford CEO.

"We see this convincing sales performance as clear proof that our consistent realignment of Wolford's product portfolio - especially in the ready-to-wear lines - and the sharply focused investment in points of sale were the right strategic choices."

Wolford registered double-digit sales growth in all major markets, the company said, with the Netherlands (up 34.3%) and the UK (up 32.6%) performing particularly strongly.

The company forecast annual earnings of about EUR155m for the full 2007/8 fiscal year, with earnings growth outpacing sales growth.