DGAP-News: Essanelle Hair Group reports good first half of 2011
(firmenpresse) - DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): Half Year Results
Essanelle Hair Group reports good first half of 2011
12.08.2011 / 09:00
---------------------------------------------------------------------
- Essanelle Hair Group reports good first half of 2011
- Sales revenues increased to EUR 63.0 million compared to EUR 62.3 million
in the previous year
- EBT improved from EUR 1.2 million to EUR 1.7 million
Düsseldorf, 12 August 2011 - Essanelle Hair Group AG generated sales
revenues of EUR 63.0 million in the first half of 2011 which is 1.2% above
the previous year's EUR 62.3 million. Herewith, the company was able to
continue the positive development experienced in the first quarter.
Achim Mansen, Chief Executive Officer (CEO) of Essanelle Hair Group AG,
said: 'In addition to the quite positive consumer demand development, the
increased number of salons compared to the previous year also contributed
overall to this sales revenues increase in the first half of the year. In
particular, our HairExpress concept in consumer markets, continued to show
a very positive growth ratio.'
Regarding the individual salon concepts, HairExpress was able to contribute
the biggest growth in the first half of the year with an increase of 10.4%
to EUR 18.7 million (previous year: EUR 16.9 million). Super Cut increased
sales revenues by 2.6% to EUR 10.6 million after recording EUR 10.3 million
in the same period of the previous year. The essanelle Ihr Friseur concept
reduced its number of salons from 304 to 291, and thus generated EUR 28.1
million compared to EUR 29.3 million last year (-4.1%). The TOP TEN brand
grossed EUR 2.4 million compared to EUR 2.5 million. The Beauty Hair Shop
concept, which specialises in the sale of exclusive hair care products,
generated sales of EUR 3.3 million, which ranged slightly above previous
years' level of EUR 3.2 million.
Earnings significantly higher than in the previous year
Essanelle Hair Group AG was able to improve the earnings situation in the
first half of 2011 disproportionally to the increase in sales revenues.
Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA)
increased by 10.2% amounting to EUR 4.3 million, compared to EUR 3.9
million in the previous year. Earnings Before Taxes (EBT) increased by
43.7%, from EUR 1.2 million to EUR 1.7 million in the first six months of
2011. The result per share thereby amounts to EUR 0.22, compared to EUR
0.17 in the previous year.
Mansen commented: 'At the beginning of the year, we announced that we would
focus especially on earnings figures. We accomplished this very well in the
first half of the year. Against the background of the results so far, we
today expect to increase sales by 2-3% as projected, and thereby increasing
EBT by at least 5%.'
Further details regarding the first half of 2011 are available in the
Quarter Report 2/2011 on the company website on 22.08.
www.essanelle-hair-group.com.
Contact: Michael Müller, Haubrok Investor Relations, 02156-4965-195,
m.mueller(at)haubrok.de
End of Corporate News
---------------------------------------------------------------------
12.08.2011 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.
Mediaarchive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: ESSANELLE HAIR GROUP AG
Himmelgeister Straße 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
---------------------------------------------------------------------
135435 12.08.2011
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 12.08.2011 - 09:00 Uhr
Sprache: Deutsch
News-ID 45534
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 318 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Essanelle Hair Group reports good first half of 2011"
steht unter der journalistisch-redaktionellen Verantwortung von
ESSANELLE HAIR GROUP AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
