Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

Earnings Release • Jan 11, 2010

News Details

Corporate | 11 January 2010 07:54

LUDWIG BECK concluded fiscal year 2009 very successfully after superb final spurt

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

11.01.2010

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Munich, January 11, 2010 - The Munich fashion group LUDWIG BECK (ISIN DE
0005199905) concluded the fiscal year 2009 with a rise in turnover
according to provisional figures. Branch-adjusted gross sales could be
increased by 1.8 % and rose to EUR 103.7m (previous year: EUR 101.9m).
Despite the streamlining of the branch network in 2008, also
branch-unadjusted gross sales went up 1.1 % to EUR 103.7m (previous year:
EUR 102.6m).

Thus LUDWIG BECK was once again able to detach itself successfully from the
general trend in the textile retail sector which concluded the fiscal year
2009 at par according to preliminary estimates of TextilWirtschaft.

In particular, the highly successful Christmas trade contributed to these
positive sales results. The 9.7 % rise in gross sales in December 2009
clearly exceeded the Management's expectations. In the same period, sales
in the textile sector went up 2.0 % according to TextilWirtschaft.

Due to this positive development, the Management has confirmed its upgraded
earnings forecast and is expecting the EBT margin on net sales to exceed
6.5 %. This would imply results from ordinary activities (EBT) amounting to
at least EUR 5.7m (previous year: EUR 4.4m).

'Even in the face of the ongoing general crisis and with economic
uncertainties prevailing in the fiscal year 2009 we were once again able to
convince with our successful trading up concept. We have not been affected
by customer reticence at our locations in the past twelve months at all',
Dieter Münch, member of the Executive Board of LUDWIG BECK AG stated. 'In
all probability, the year 2010 will not be easy for the retail trade, yet
we have demonstrated that we are very well prepared', Münch concluded.

Detailed financial figures for the fiscal year 2009 will be published on
March 9, 2010.

Investor Relations contact:
esVedra consulting GmbH
Metis Tarta-Steck
t: +49 89 28 80 81 - 33
f: +49 89 28 80 81 - 49
mts@esvedragroup.com

Group accounting contact:
LUDWIG BECK am Rathauseck
Jens Schott
t:+49 89 2 36 91 - 798
jens.schott@ludwigbeck.de

11.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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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 Berlin, Düsseldorf, Hamburg, Stuttgart

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