HUGO BOSS AG — Earnings Release 2001

Feb 20, 2002

News Details

Ad-hoc | 20 February 2002 15:28

Hugo Boss AG english

Ad-hoc release HUGO BOSS AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– HUGO BOSS: 19% higher sales and 8% net income increase in 2001 Management Board and Supervisory Board Working Committee recommend dividend rise Metzingen. HUGO BOSS recorded growth of 19% during the 2001 financial year, a double-digit rise for the sixth year in succession. The fashion group posted total sales of 1,095 million EUR (2000: 923 million EUR), successfully extending its market share in all the key countries. Net income climbed by 8% to 107 million EUR during the same period (2000 adjusted: 99 million EUR). The major engines behind this increase – which was achieved despite substantial costs incurred on the BOSS Woman project – were the powerful boost in sales and a lighter tax burden. Earnings per share according to DVFA/SG* were up even more sharply, rising by 14% to 1.52 EUR (2000: 1.33 EUR). HUGO BOSS is upholding its result-oriented dividend policy of recent years. The Management Board and Supervisory Board Working Committee are recommending a 7% or 0.05 EUR dividend increase per share. As a result, shareholders would receive 0.75 EUR per common share and 0.76 EUR per preferred share. *German Association of Financial Analysts and Investment Consultants/ Schmalenbachgesellschaft February 20, 2002 end of ad-hoc-announcement (c)DGAP 20.02.2002 ——————————————————————————– WKN: 524550; ISIN: DE0005245500; Index: MDAX Listed: Amtlicher Handel in Frankfurt, Stuttgart; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München 201528 Feb 02