Earnings Release • Jul 25, 2007
Earnings Release
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Ad-hoc | 25 July 2007 12:28
LUDWIG BECK increases its prognosis for 2007 and 2008 after impressive half year results
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Statement/Forecast
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Munich, July 25, 2007 – The Munich based fashion company LUDWIG BECK (ISIN
DE 0005199905) has clearly improved its annual net loss after minority
interests in the first half of 2007 by € 0.3m, taking the level from €
-0.8m to € -0.5m. In accordance with a positive prognosis of the business
activities of the company, the board of management now expects the 2007
annual net profit after minority interests to amount to € 2.5m (previous
prognosis: € 1.5m). € 0.8m comes from a one off positive effect from a
re-evaluation of deferred taxes, resulting from the business tax reform
approved by the German Federal Council on the July 6, 2007.
For 2008 the board of directors now expects an annual net profit after
minority interests amounting to € 2.5m (previous prognosis: > €
2.0m).
Investor Relations contact:
esVedra consulting GmbH
Metis-Corinna Tarta
t: +49 89 288 08 – 133
f: +49 89 288 08 – 149
[email protected]
Controlling contact:
Ludwig Beck am Rathauseck
Jens Schott
t: +49 89 23691 – 798
[email protected]
Language: English
Issuer: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Marienplatz 11
80331 München Deutschland
Phone: +49 (0)89 2 36 91-0
Fax: +49 (0)89 2 36 91-6 00
E-mail: [email protected]
Internet: www.ludwigbeck.de
ISIN: DE0005199905
WKN: 519990
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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