DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK increased sales in 2011 and expects new record result - Christmas sales developed satisfactorily
(firmenpresse) - DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key
word(s): Development of Sales/Results Forecast
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK
increased sales in 2011 and expects new record result - Christmas
sales developed satisfactorily
05.01.2012 / 08:00
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Corporate News
LUDWIG BECK increased sales in 2011 and expects new record result -
Christmas sales developed satisfactorily
Munich, January 5, 2012 - The Munich fashion group LUDWIG BECK (ISIN DE
0005199905) increased branch-adjusted gross sales by 1,7 % or EUR 1.7m to
EUR 103.3m in the fiscal year 2011 according to preliminary figures
(previous year: EUR 101.6m).
The flagship store at Marienplatz in Munich (including FÜNF HÖFE) scored a
disproportionally strong 2.3 % rise in sales in comparison to 2010, as
sales went up from EUR 96.4m in the previous year to EUR 98.6m (+ EUR
2.2m). Contrary to repeatedly stated concerns, this year's Christmas sales
remained at a high level with results slightly above those of the previous
year. Consumers have not succumbed to the global news situation but upheld
their good spending mood and obviously enjoyed and delighted in shopping
and buying presents.
In view of the preliminary sales figures the company's management is very
optimistic about the overall development of the year 2011. The Executive
Board assumes the Group's EBT to settle at the upper end of its
expectations. Earnings before taxes forecasts range between EUR 9.0m and
EUR 11.0m. This means that last year's record result (EUR 9.9.m) would
clearly be outperformed.
'We are most satisfied with the development of our flagship store in
particular. This is further proof of the success of our business model
which focuses our activities at Marienplatz in Munich', Dieter Münch,
member of the Executive Board of Ludwig Beck AG commented.
Detailed figures for the fiscal year 2011 as well as the expectations for
the newly commenced fiscal year 2012 will be presented to the public at a
balance sheet conference in Munich on March 14, 2012.
Investor Relations contact:
esVedra consulting GmbH
Metis Tarta
t: +49 89 206021-210
f: +49 89 206021-610
mt(at)esvedragroup.com
Group Accounting contact:
LUDWIG BECK am Rathauseck
Jens Schott
t:+49 89 2 36 91 - 798
jens.schott(at)ludwigbeck.de
End of Corporate News
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05.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Marienplatz 11
80331 München
Germany
Phone: +49 (0)89 2 36 91-0
Fax: +49 (0)89 2 36 91-600
E-mail: info(at)ludwigbeck.de
Internet: www.ludwigbeck.de
ISIN: DE0005199905
WKN: 519990
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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Unternehmensinformation / Kurzprofil:
Datum: 05.01.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 101243
Anzahl Zeichen: 5994
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Kategorie:
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