DGAP-News: Essanelle Hair Group presents results after 9 months of 2013
(firmenpresse) - DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): Quarter Results
Essanelle Hair Group presents results after 9 months of 2013
11.11.2013 / 09:00
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Essanelle Hair Group presents results after 9 months of 2013
Sales revenue increases to EUR 96.0 million after EUR 94.3 million
EBT ranges at EUR 3.0 million after EUR 3.7 million
Forecast range expanded for the whole of 2013
Düsseldorf, 11.11.2013 - In the first nine months of 2013, Essanelle Hair
Group AG was able to further increase sales compared to the same period of
the previous year. After nine months, sales revenue increased by 1.8% to
EUR 96.0 million after EUR 94.3 million in the corresponding period of
2012. Regarding the individual salon concepts, HairExpress improved sales
by 5.6% from EUR 30.9 million to EUR 32.6 million. Super Cut also generated
an increase of 1.8% from EUR 17.1 million to EUR 17.4 million. In the first
nine months, the concept essanelle Ihr Friseur achieved EUR 40.4 million
after EUR 41.0 million in the same period last year (-1.5%). With sales
amounting to EUR 5.5 million, the Beauty Hair Shop concept specialises in
the sale of exclusive hair care products and ranges 4.6% above the previous
year's level of EUR 5.3 million.
The key figures of Essanelle Hair Group continue to range below the
previous year's level. Earnings before taxes, interest, depreciation and
amortisation (EBITDA) achieved EUR 6.5 million after EUR 7.3 million
(-10.1%). After the first nine months of 2013, earnings before taxes (EBT)
range at EUR 3.0 million after last year's figure of EUR 3.7 million
(-18.7%). The result per share ultimately amounts to EUR 0.39 after EUR
0.49 in the previous year. As matters stand today, the company expects a
sales growth of approximately 2% and earnings before taxes between EUR 5.0
and EUR 6.0 million - while expectations so far had been EUR 5.5 million to
EUR 6.0 million.
Achim Mansen, CEO of Essanelle Hair Group AG: 'It is impossible to be more
specific about the earnings projections for the whole of 2013. On the one
hand, this is due to the traditionally high significance of Christmas
sales, on the other hand, the effects of the minimum wage and corresponding
price increases introduced in the past months turned out in very different
ways. This makes a precise estimation for the year-end business difficult.
But we do consider the current range of EUR 5.0 million to EUR 6.0 million
to be very reasonable.'
Further details regarding the first nine months of 2013 are available at
25.11. in the Quarterly Report 3/2013 on the company's homepage
www.essanelle-hair-group.com.
Contact: Michael Müller, Stockheim Media, 02156-492 8266,
mm(at)stockheim-media.com
End of Corporate News
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Language: English
Company: ESSANELLE HAIR GROUP AG
HimmelgeisterStraße 103-105
40225 Düsseldorf
Germany
Phone: +49 (0)2156-4965-195
Fax: +49 (0)89-21027-598
E-mail: investor(at)essanelle-hair-group.com
Internet: www.essanelle.de
ISIN: DE0006610314
WKN: 661031
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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238971 11.11.2013
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