08.01.2014
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG DE0005199905
DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK increases branch-adjusted gross sales by 0.6% - further positive development expected for 2014
DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key
word(s): Development of Sales/Development of Sales
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK
increases branch-adjusted gross sales by 0.6% - further positive
development expected for 2014
08.01.2014 / 08:00
---------------------------------------------------------------------
Corporate News
LUDWIG BECK increases branch-adjusted gross sales by 0.6% - further
positive development expected for 2014
Munich, January 8, 2014 - In 2013, Munich fashion group LUDWIG BECK (ISIN
DE 0005199905) generated branch-adjusted gross sales of EUR 102.1m
(previous year: EUR 101.6m). This denotes a 0.6% increase in like-for-like
sales at Group level. Without the adjustment, that is, taking into account
the Esprit branch at the Munich Olympia Shopping Mall, which was sold in
2012, gross sales were slightly below last year's level of EUR 103.2m. The
online store www.ludwigbeck.de, launched in December 2012, already made a
positive contribution to Group's sales in its first year of business and
fulfilled all of management's expectations.
Overall 2013 was a difficult year for the German fashion retail -
TextilWirtschaft predicts a 2% drop in sales for the sector. Even LUDWIG
BECK could not completely escape climatic imponderables. In addition,
interruptions in Munich's Tram network had a considerable impact on sales.
'Even though we did not completely reach our target of EUR 103m in Group
sales,' says Dieter Münch, member of the Executive Board, 'we still expect
satisfactory earnings before taxes (EBT) around the EUR 11m mark.' With
redesigns in several departments, a larger sales area and continuing
development of its e-commerce activities, LUDWIG BECK is set up for success
in 2014.
Detailed figures as well as expectations for the new 2014 fiscal year will
be presented at the Group's balance sheet conference in Munich on March 19,
2014. For more information about the corporation and its stock visit the
company website at http://kaufhaus.ludwigbeck.de.
Investor Relations contact:
esVedra consulting GmbH
Metis Tarta
t: +49 89 206021-210
f: +49 89 206021-610
[email protected]
Group accounting contact:
LUDWIG BECK AG
Jens Schott
t: +49 89 23691-798
f: +49 89 23691-600
[email protected]
End of Corporate News
---------------------------------------------------------------------
08.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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
---------------------------------------------------------------------
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: [email protected]
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
---------------------------------------------------------------------
247179 08.01.2014
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG ISIN: DE0005199905 können Sie bei EQS abrufen
Handel , 519990 , ECK , XETR:ECK