DGAP-News: Essanelle Hair Group presents figures for the first quarter

DGAP-News: Essanelle Hair Group presents figures for the first quarter

ID: 34094

(firmenpresse) - DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): Quarter Results
Essanelle Hair Group presents figures for the first quarter

13.05.2011 / 08:22

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Essanelle Hair Group presents figures for the first quarter 2011
Sales revenue increases from EUR 30.7 to EUR 30.9 million
EBT of EUR 0.6 million, from EUR 0.3 million

Düsseldorf, 13 May 2011 - In the first quarter of 2011, Essanelle Hair
Group AG was able to improve sales as well as earnings compared to the
previous year. Sales revenue increased by 0.5%, to EUR 30.9 million
compared to EUR 30.7 million in the first quarter of the previous year.
Among the individual salon concepts, HairExpress continued to document
large growth dynamics, with a growth of 10.4%, to EUR 9.1 million (previous
year's quarter: EUR 8.2 million). Super Cut generated EUR 5.2 million
compared to EUR 5.1 million in the same period of the previous year. The
essanelle Ihr Friseur concept generated EUR 13.8 million compared to EUR
14.6 million in the previous year. The TOP TEN brand generated EUR 1.2
million in the first quarter, from EUR 1.3 million. The Beauty Hair Shop
concept, which specialises in the sale of exclusive hair care products,
achieved previous year's level with sales of EUR 1.6 million.

Essanelle Hair Group was also able to improve its earnings performance
indicators throughout. Earnings Before Interest, Taxes, Depreciation and
Amortization (EBITDA) increased by 9.8%, from EUR 1.7 million in the
previous year to EUR 1.9 million. After the first three months of 2011,
Earnings Before Tax (EBT) also ranged above previous year's figure, at EUR
0.6 million, from EUR 0.3 million. Finally, earnings per share amounted to
EUR 0.07, from EUR 0.06 in the previous year.

Achim Mansen, Chief Executive Officer (CEO) of Essanelle Hair Group AG,




said: 'We are quite satisfied with the first quarter - especially
considering the fact that this year's Easter period fell in the second
quarter. With an auspicious start like this to the financial year we remain
confident that we are able to increase sales and earnings as predicted for
the full year.'

You can find more details regarding the first quarter of 2011 in the
Quarter Report Q1/2011, which can be found on the company's website
www.essanelle-hair-group.com.


End of Corporate News

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13.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ESSANELLE HAIR GROUP AG
Himmelgeister Straße 103-105
40225 Düsseldorf
Deutschland
Phone: +49 (0)2156-4965-195
Fax: +49 (0)89-21027-598
E-mail: investor(at)essanelle-hair-group.com
Internet: www.essanelle.deISIN: 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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124534 13.05.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 13.05.2011 - 08:22 Uhr
Sprache: Deutsch
News-ID 34094
Anzahl Zeichen: 0

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