06.04.2020 HUGO BOSS AG  DE000A1PHFF7

DGAP-Adhoc: HUGO BOSS AG: Managing Board and Supervisory Board propose suspension of the dividend - Virtual Annual General Meeting is planned for May 27, 2020


 

DGAP-Ad-hoc: HUGO BOSS AG / Key word(s): Dividend
HUGO BOSS AG: Managing Board and Supervisory Board propose suspension of the dividend - Virtual Annual General Meeting is planned for May 27, 2020

06-Apr-2020 / 19:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Metzingen, April 6, 2020. The negative effects of the pandemic on the macroeconomic development are currently also leading to a significant decline in sales, profitability, and cash flow at HUGO BOSS AG. At present, it is not possible to predict how long this situation will last. Therefore, the Managing Board and the Supervisory Board of HUGO BOSS AG have decided today to propose to the Annual Shareholders' Meeting that the dividend payment for fiscal year 2019 will be suspended. The full retention of net profit is intended to further strengthen the financial stability and flexibility of the Company.

Thanks to its solid balance sheet structure, HUGO BOSS is well prepared for the financial challenges associated with the pandemic. In addition, the Company has already taken extensive measures to secure free cash flow at an early stage. In this context, the Managing Board and the works council of HUGO BOSS AG agreed to introduce short-time working for Germany-based employees starting in April 2020. The Managing Board of HUGO BOSS AG will also participate in the measures to secure cash flow and voluntarily waive 40% of its basic remuneration for the months of April and May 2020.

In light of the ongoing pandemic and the contact bans ordered by the authorities, the Managing Board and the Supervisory Board of HUGO BOSS AG today also decided to take advantage of the new legal regulations and hold this year's Annual Shareholders' Meeting purely virtually. The virtual Annual Shareholders' Meeting is scheduled to take place on May 27, 2020 and will fulfill all the conditions required by the new law. The Company plans to publish a new invitation in the Bundesanzeiger [German Federal Gazette] and on the Company website by April 20, 2020.

HUGO BOSS will continue to monitor the development of the pandemic and its impact on the business very closely and will take further measures if necessary. The proposal for the appropriation of earnings is also continually being reviewed in the light of further developments and will be updated before the Annual Shareholders' Meeting if necessary. On May 5, 2020, HUGO BOSS will release its quarterly statement on the first three months of 2020. Conference calls, including webcasts, will also be held on that day for media representatives as well as financial analysts and investors.

If you have any questions, please contact:

Christian Stöhr
Head of Investor Relations
Phone: +49 7123 94-87563
E-mail: [email protected]


06-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: HUGO BOSS AG
Dieselstraße 12
72555 Metzingen
Germany
Phone: +49 (0)712 394-0
Fax: +49 (0)712 394-80259
E-mail: [email protected]
Internet: www.hugoboss.com
ISIN: DE000A1PHFF7
WKN: A1PHFF
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1016953

 
End of Announcement DGAP News Service

1016953  06-Apr-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 2.808,75 2.692,85 2.732,57 2.795,96 2.884,06 1.945,84 2.565,00
EBITDA1,2 594,10 432,70 499,88 476,49 706,96 230,00 522,00
EBITDA-Marge3 21,15 16,07 18,29 17,04 24,51 11,82 20,35
EBIT1,4 447,71 263,50 341,05 346,81 344,50 -235,62 161,00
EBIT-Marge5 15,94 9,79 12,48 12,40 11,95 -12,11 6,28
Jahresüberschuss1 319,42 193,65 231,20 236,20 205,24 -219,18 95,00
Netto-Marge6 11,37 7,19 8,46 8,45 7,12 -11,26 3,70
Cashflow1,7 426,47 372,26 420,56 321,80 651,72 239,91 340,00
Ergebnis je Aktie8 4,63 2,80 3,35 3,42 2,97 -3,18 1,35
Dividende8 3,62 2,60 2,65 2,70 0,04 0,04 0,55
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Hugo Boss
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1PHFF 51,920 Kaufen 3.655,17
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
24,72 20,89 1,18 17,82
KBV KCV KUV EV/EBITDA
4,87 15,24 1,88 16,74
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,04 0,04 0,08 11.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2021 04.08.2021 04.11.2021 11.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
10,42% 48,51% 90,25% 130,45%
    
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Mode/Textil , A1PHFF , BOSS , XETR:BOSS