AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

267_rns_2007-01-04_5bfd1e3e-988a-45d2-98d5-090e37f7a596.html

Earnings Release

Open in Viewer

Opens in native device viewer

News Details

Corporate | 4 January 2007 10:10

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK boosts like-for-like floor space sales significantly in financial year 2006

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Development of Sales

Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Still on course for success with trading up

Munich, 4 January 2007 – Munich fashion group LUDWIG BECK (ISIN DE
0005199905) looks back on an extremely satisfactory financial year 2006
with like-for-like sales on a comparable floor space totalling EUR 101.3
million (previous year: EUR 99.6 million). This figure amounts to 1.8 per
cent growth.

In all, the group’s gross sales at EUR 101.3 million were stable compared
with the previous year’s EUR 101.7 million gross.

'We took our trading-up strategy of generally upgrading the product range
further forward in 2006, and the figures bear out our course', said a
delighted Dieter Münch, LUDWIG BECK’s Chief Financial Officer. 'What is
more', he added, 'Christmas business developed very positively.'

The Management Board is optimistic for the financial year 2007 and
confident of improving further on this positive earnings and sales trend in
the year ahead.

Detailed figures for the financial year 2006 will be published on 12 March
2007.

Investor Relations contact:
esVedra consulting GmbH
Metis-Corinna Tarta
Tel.: +49 (0) 89 211128-21
Fax: +49 (0) 89 211128-28
Mobile: +49 (0) 172 821 4328
[email protected]

DGAP 04.01.2007

Language: English
Issuer: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Marienplatz 11
80327 München Deutschland
Phone: +49 (0)892 36 91-0
Fax: +49 (0)892 36 91-6 00
E-mail: [email protected]
WWW: www.ludwigbeck.de
ISIN: DE0005199905
WKN: 519990
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart

End of News DGAP News-Service


Talk to a Data Expert

Have a question? We'll get back to you promptly.