Home News DGAP-News: LUDWIG BECK closes fiscal 2009 with a strong final sprint from...

DGAP-News: LUDWIG BECK closes fiscal 2009 with a strong final sprint from a very successful

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Munich, 11 January 2010 – The Munich-based fashion group LUDWIG BECK (ISIN DE 0005199905) in fiscal 2009 after Preliminary figures complete with a sales increase. The filialbereinigte Gross sales were 1.8%
increased to 103.7 million (previous year EUR 101.9 million euros). Also filialunbereinigte of gross sales grew in spite of the tightening Branch network in 2008 by 1.1% to 103.7 million euros (previous year 102.6 million euros).
Thus could LUDWIG BECK again positive from the general trend Detach the textile retail industry, which, according to a TextilWirtschaft preliminary estimate of the fiscal year 2009 closed with a Pari has.
Among the encouraging sales results is particularly the very successful Christmas sales helped. With an increase of 9.7% of gross sales in December 2009 was clearly on the Management expectations. During the same period the industry has loudly TextilWirtschaft an increase of 2.0%.
Confirms the result of this positive development Management, the revised earnings forecast upward and assumes a EBT margin of more than 6.5% of net sales. This means a Profit from ordinary activities (EBT) of at least 5.7 million euros (previous year EUR 4.4 million).
‘Although the 2009 financial crisis and of general economic uncertainty was characterized, we have with our successful Trading Up-concept re-conviction. A consumer retention We have at our sites during the past twelve Months not feel ‘, Dieter Münch, CFO of LUDWIG BECK AG. ‘2010 Is likely to be for retail not an easy year but we proved that we are well equipped to meet ‘are so Münch concludes.
The detailed figures for the fiscal 2009 will be at 09 Published in March 2010.