Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

Earnings Release • Oct 13, 2010

News Details

Ad-hoc | 13 October 2010 14:13

LUDWIG BECK upgrades 2010 earnings forecast for the second time

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

13.10.2010 14:13

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Munich, October 13, 2010 - In the 3rd quarter of 2010, LUDWIG BECK AG (ISIN
DE 0005199905) succeeded in spurring the growth dynamics of the first half
of the year. As a result of the highly positive business development which
exceeded all expectations in the first nine months of the year 2010, the
Executive Board of the LUDWIG BECK Group has for the second time upgraded
its earnings forecast for 2010.

Based on the preliminary figures for the first nine months of 2010 the
company is now expecting earnings before taxes on income (EBT) to exceed
EUR 7.5m in the full year 2010 instead of EUR 7.0m as had been forecast.

Even though the fiscal year 2009 could be concluded with all-time record
results, the management anticipates clearly surpassing past successes in
the current fiscal year 2010. The 43.5 % EBT increase from EUR 4.4m to EUR
6.4m generated in the fiscal year 2009 was the best result ever achieved in
the company's history.

The final figures for the first nine months of the year 2010 will be
published by the company on October 21, 2010.

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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