1 paris april 28 2005 press release ppr sales rise a robust 5 3 in the first quarter of solid performance retail 6 strong momentum luxury goods 14 4 françois henri pinault chairman management board stated for group its new configuration underscore good activities sluggish marketplace and continuing these figures confirm our organic growth potential quality companies appeal brands should enable to continue grow faster than markets throughout year time is releasing accordance with international financial reporting standards ifrs change each activity as follows eur million q1 2004 actual comparable 2 711 647 0 10 401 377 7 inter company ns operations 107 018 8 after adjustment impact transition