DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK Group ends fiscal year 2015 with growth in sales and earnings and expands its stationary business throughout Germany


 
DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key word(s): Final Results/Development of Sales Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK Group ends fiscal year 2015 with growth in sales and earnings and expands its stationary business throughout Germany 22.03.2016 / 14:21 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Corporate News LUDWIG BECK Group ends fiscal year 2015 with growth in sales and earnings and expands its stationary business throughout Germany Munich, March 22, 2016 - With its takeover of men's fashion retailer WORMLAND, Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) has set the course for considerable growth in its stationary offering in the fiscal year 2015. The flagship store at Munich's Marienplatz and the company's online division remain on a stable course. Dieter Münch, Member of the Board at LUDWIG BECK, appeared thoroughly satisfied with the fiscal year just ended: The integration of WORMLAND is going seamlessly, and the LUDWIG BECK Group remains on course. We are going to utilise the resultant opportunities and possibilities also in 2016. Sales development At group level, LUDWIG BECK achieved gross sales in the amount of EUR 158.6m in 2015, compared to EUR 102.7m in the previous year. The over-proportional increase was primarily down to the acquisition of WORMLAND which, as a new segment of the Group, achieved consolidated sales of EUR 54.7m. Like-for-like gross sales were at EUR 104.0m, which corresponds to an increase of 1.2%. For comparison: the German textile retail industry ended 2015 on par after three years of falling figures (TextilWirtschaft). During the fiscal year just ended, the online shop at www.ludwigbeck.de also proved to be an important pillar of sales, with further development potential unfolding. Earnings situation The remaining key figures are also influenced by the Group's expansion: thus earnings before interest and taxes (EBIT) amounted to EUR 18.3m (previous year: EUR 10.6m). The EBIT margin amounted to 13.7% in comparison to 12.3% in the previous year. EBIT was therefore in line with the forecasts adjusted after the acquisition of WORMLAND, which the management of LUDWIG BECK estimated at a value between EUR 17m and EUR 19m (previously approx. EUR 10m). Earnings before taxes (EBT) amounted to EUR 17.3m (previous year: EUR 9.5m). The EBT margin amounted to 12.9% (previous year: 11.0%). A non-recurring tax-free consolidated income from the first-time consolidation of the WORMLAND Group in the amount of EUR 9.8m was reported in the earnings. Thus taxes on income were only at EUR 2.1m (previous year: EUR 2.8m). Consolidated net profit was at EUR 15.2m, compared to EUR 6.7m in the previous year. In terms of equity, there was an increase to EUR 79.4m (previous year: EUR 67.2m). The equity ratio amounted to 60.2% (previous year: 60.5%). Dividend payment At the Annual General Meeting in May 10, 2016, the Executive and Supervisory Board will propose a dividend payment amounting to EUR 0.75 per no-par share entitled to profit. The previous year's dividend likewise amounted to EUR 0.75 per share. Thus the corporation is emphasising its efforts vis-à-vis the shareholders to stabilize the value of the LUDWIG BECK share as an attractive investment and to let investors benefit from the results. Outlook Despite the enormous tasks Germany and Europe are having to face in 2016, leading economic researchers rate the prospects and the development of the consumer climate in Germany as promising. LUDWIG BECK's management shares this optimistic outlook, but is also conscious that the industry is still exposed to a tremendous dynamism that includes a number of inestimable influencing factors. Stable, sustainable growth will therefore determine the Group's course over the current year too. Consequently, during the fiscal year 2016, the Executive Board expects sales at group level to be at EUR 180m to EUR 190m and earnings before interest and taxes (EBIT) at EUR 8m to EUR 9m. Further information about the company and its stock is available on the company's website at kaufhaus.ludwigbeck.de/english/. Key figures of the Group

in EURm                                                  2015      2014
Sales (gross)                                            158.6     102.7
Sales (net)                                              133.3     86.3
Earnings before interest, taxes, depreciation &
amortization (EBITDA)                                    22.3      13.4
Earnings before interest & taxes (EBIT)                  18.3      10.6
Earnings before taxes (EBT)                              17.3      9.5
Consolidated net profit                                  15.2      6.7
Equity                                                   79.4      67.2
Equity ratio in %                                        60.2      60.5
Investments                                              2.2       6.5
Employees (individuals)1)                                816       478
Earnings per share undiluted and diluted (in EUR)        4.11      1.81
Dividends (in EUR)                                       0.75      0.75


1) without apprentices About LUDWIG BECK LUDWIG BECK AG is one of the leading companies in the German textile retail industry, achieving gross sales in the amount of EUR 104m in the year 2015 (as of December 31, 2015) with approx. 500 employees and a total area of 12,400 sqm. LUDWIG BECK is located at the heart of Munich, directly at the Marienplatz. Over seven floors, the Munich-based fashion company offers international fashion, leather goods and accessories, as well as exclusive cosmetics. With more than 12,000 titles it also offers Europe's largest stationary selection of classic, jazz and world music alongside audiobooks. Since the end of 2012 the unique brand portfolio of the company's beauty department has also been available for online shopping at www.ludwigbeck.de. Here customers are awaited by a unique selection of almost 10,000 products from over 100 brands in luxury and niche cosmetics. WORMLAND: THEO WORMLAND GmbH & Co. KG, which is based in Hanover, achieved sales in the amount of EUR 80m (as of December 31, 2015) with 467 employees over an area of around 14,800 sqm. Here the corporation incorporates two different store concepts: WORMLAND and THEO. With 15 branches, THEO WORMLAND GmbH & Co. KG is now amongst the leading German men's fashion retailers. 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] --------------------------------------------------------------------------- 22.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 447643 22.03.2016


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 145,57 139,58 80,08 51,49 55,40 70,40 72,70
EBITDA1,2 10,93 8,40 12,89 4,33 12,99 11,27 9,94
EBITDA-Marge3 7,51 6,02 16,10 8,41 23,45 16,01
EBIT1,4 6,46 1,95 6,96 -1,88 6,64 4,91 3,11
EBIT-Marge5 4,44 1,40 8,69 -3,65 11,99 6,97 4,28
Jahresüberschuss1 3,26 -0,81 -13,59 -1,74 3,63 2,24 0,43
Netto-Marge6 2,24 -0,58 -16,97 -3,38 6,55 3,18 0,59
Cashflow1,7 8,69 4,32 7,87 -3,50 10,24 6,88 5,76
Ergebnis je Aktie8 0,88 -0,22 -3,68 -0,47 0,98 0,60 0,12
Dividende8 0,65 0,00 0,00 0,00 0,00 0,00 0,65
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BTU Treuhand

INVESTOR-INFORMATIONEN
©boersengefluester.de
Ludwig Beck
WKN Kurs in € Einschätzung Börsenwert in Mio. €
519990 22,800 Halten 84,25
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
42,22 29,81 1,40 67,06
KBV KCV KUV EV/EBITDA
1,30 14,63 1,16 19,15
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,15 0,66 15.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
18.04.2024 18.07.2024 17.10.2024 21.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,29% -3,49% 16,92% -11,63%
    
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