HUGO BOSS AG — Earnings Release 2005

Oct 24, 2005

News Details

Ad-hoc | 24 October 2005 11:30

Hugo Boss AG:Preliminary results for the first three quarters of 2005

Ad hoc announcement §15 WpHG Preliminary results for the first three quarters of 2005 Hugo Boss AG:Preliminary results for the first three quarters of 2005 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— HUGO BOSS increases its forecast for the net income fiscal 2005 to EUR 105 million Metzingen. As of the end of the first three quarters of 2005, sales of the HUGO BOSS fashion group had increased 12% to EUR 1,063 million. Earnings before taxes rose 17% to EUR 162 million (Q1-Q3 2004: EUR 138 million). Key figures for the HUGO BOSS Group: (in EUR million) Q1-Q3 2005 Q1-Q3 2004 Change in % Sales: 1,063 947 12 EBIT: 166 143 16 Earnings before taxes: 162 138 17 Net income: 114 95 19 In response to the favorable business trend of the first nine months, the Managing Board has raised its forecast of net income for the year to EUR 105 million (2004: EUR 88 million). Metzingen, October 24, 2005 The Managing Board Hugo Boss AG Dieselstraße 12 72555 Metzingen Deutschland ISIN: DE0005245534 (MDAX); DE0005245500 WKN: 524553; 524550 Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Stuttgart; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover und München End of ad hoc announcement (c)DGAP 24.10.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: This document contains forward-looking statements that reflect management’s current views with respect to future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” and similar expressions identify forward- looking statements. Such statements are subject to risks and uncertainties. If any of these or other risks and uncertainties occur, or if the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. We do not intend or assume any obligation to update any forward-looking statement, which speaks only as of the date on which it is made. Preliminary results for the first three quarters of 2005: Sales increase by 12% Net income rises 19% Net income for the year to climb to EUR 105 million (+ 19%) Metzingen. The HUGO BOSS fashion Group increased sales by 12% to EUR 1,063 million in the first three quarters of fiscal 2005, (Q1-Q3 2004: EUR 947 million). Adjusted for currency effects, sales rose by 13%. The HUGO BOSS Group continued on the growth path of the preceding quarters. BOSS Woman in particular continued its dynamic performance with a sales increase of 36% to EUR 74 million (Q1-Q3 2004: EUR 55 million). Earnings before interest and taxes (EBIT) rose by 16% to EUR 166 million (Q1-Q3 2004: EUR 143 million). The Group’s net income climbed 19% to EUR 114 million in the first three quarters of fiscal 2005 (Q1-Q3 2004: EUR 95 million). In response to the favorable business trend of the first nine months, the Managing Board rises its forecast of net income for the year to EUR 105 million (2004: EUR 88 million). Please address queries to: Philipp Wolff Director of Communication Phone: +49 (0) 7123 94-2375 Fax: +49 (0) 7123 94-2051 E-mail: Philipp_Wolff@hugoboss.com Christoph Löhrke Head of Investor Relations Phone: +49 (0) 7123 94-2552 Fax: +49 (0) 7123 94-2018 E-mail: Christoph_Loehrke@hugoboss.com Website: http://www.hugoboss.com October 24, 2005 End of message (c)DGAP 241130 Okt 05