Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

Earnings Release • Dec 1, 2010

News Details

Ad-hoc | 1 December 2010 12:33

LUDWIG BECK is now expecting an impressive leap in earnings in the year 2010

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key word(s): Change in Forecast

01.12.2010 12:33

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Munich, December 1, 2010 - LUDWIG BECK AG (ISIN DE 0005199905) began the
last quarter of 2010 with a distinct increase in sales. After the month of
October had already been concluded with a 5.9 % branch-adjusted sales plus,
growth gained even more momentum in November. With a branch-adjusted
increase in sales in the amount of 9.5 %, Christmas business started out
much better than expected. On the basis of this favorable business
development and in expectation of the best Christmas sales in years the
Executive Board has once again distinctly upgraded its earnings forecast
for the year 2010.

The LUDWIG BECK Group is now expecting earnings before taxes (EBT) to
exceed EUR 9.0m in the fiscal year 2010. Previous forecasts anticipated
well over EUR 7.5m.

With earnings before taxes (EBT) amounting to EUR 6.4m, the year 2009 so
far has held the historical record. This target shall be exceeded by more
than 40 % in the year 2010.

The final figures for the year 2010 will be published by the company on
January 10, 2011.

Investor Relations contact:
esVedra consulting GmbH
Metis Tarta-Steck
+49 89 28808 -133
mts@esvedragroup.com

Group accounting contact:
LUDWIG BECK am Rathauseck
Jens Schott
+49 89 23691-798
jens.schott@ludwigbeck.de

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Language: English
Company: 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 91-600
E-mail: info@ludwigbeck.de
Internet: www.ludwigbeck.de
ISIN: DE0005199905
WKN: 519990
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Hamburg, Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service

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