Based on preliminary figures HUGO BOSS achieves its annual financial targets
Metzingen, January 16, 2017. Group sales declined in the fourth quarter, by 1% on a preliminary, non-audited basis and adjusted for currency effects. In euro terms, revenues amounted to EUR 725 million, a decline of 3% compared to the prior year.
On a preliminary, non-audited basis, Group sales in the full year amounted to EUR 2,693 million, a decline of 4% compared to the prior year. On a currency-adjusted basis, the decrease was 2%. Subject to the completion of year-end closing procedures, the Group expects that operating profit (adjusted EBITDA before special items) will reach the upper end of the forecast range. HUGO BOSS had confirmed its outlook of a profit decline between 17% and 23% in November (adjusted EBITDA before special items 2015: EUR 594 million).
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Dr. Hjördis Kettenbach
Head of Corporate Communication
Phone: +49 7123 94-2375
Fax: +49 7123 94-80237
Head of Investor Relations
Phone: +49 7123 94-86267
Fax: +49 7123 94-886267