08.01.2016
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG DE0005199905
DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK Group completes the year 2015 with sales growth
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 Group
completes the year 2015 with sales growth
08.01.2016 / 08:00
The issuer is solely responsible for the content of this announcement.
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Corporate News
LUDWIG BECK Group completes the year 2015 with sales growth
Munich, January 8, 2016 - The Munich fashion group LUDWIG BECK (ISIN DE
0005199905) was able to significantly increase sales at group level to EUR
158.6m (previous year: EUR 102.7m) in the past fiscal year. The strong rise
was due to the acquisition of WORMLAND back in May 2015. The new segment
accounted for EUR 54.7m in sales on a pro-rata basis.
On a like-for-like basis, gross sales at group level amounted to EUR
104.0m. Thus, with like-for-like sales up 1.2%, the Munich fashion group
once again stood out from the German textile retail trade, which completed
the same period with a sales development at par according to
TextilWirtschaft.
In a year that was not easy for the textile retail sector in general,
LUDWIG BECK could not completely escape the vicissitudes of the climate.
"Even though the fiscal year 2015 was strongly influenced by
politico-economic uncertainty, we were once again able to convince our
customers with our concept", Dieter Münch, Member of the Executive Board of
LUDWIG BECK AG said. "In all likelihood, 2016 will not be an easy year for
retailers, yet we are well prepared", Münch concluded.
The detailed figures as well as the expectations for the new fiscal year
2016 will be disclosed at the balance sheet press conference in Munich on
March 22, 2016. For more information on all aspects of the company and its
share please refer to the corporate website at
http://kaufhaus.ludwigbeck.de/english/.
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]
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08.01.2016 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,
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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
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