Outlook and Targets

OutlookResults 2016

Outlook 2017

Sales development (currency-adjusted)

Decrease of 2%

Low single-digit percentage rate increase

Gross marginOn prior year levelSlight increase

Development of EBITDA before special items

Decrease of 17%

Largely stable
Net incomeEUR 194 millionLow double-digit percentage rate increase

Capex

EUR 157 million

EUR 130 - 150 million

Free cash flow

EUR 220 million

Increase to around EUR 250 million

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HUGO BOSS AG
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72555 Metzingen

Phone: +49 7123 94-0
Fax: +49 7123 94-80259

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