DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key
word(s): Development of Sales/Development of Sales
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK
increases gross sales - online business continues to grow
08.01.2015 / 08:00
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Corporate News
LUDWIG BECK increases gross sales - online business continues to grow
Munich, January 8, 2015 - According to preliminary figures, gross sales of
Munich fashion group LUDWIG BECK (ISIN DE 0005199905) rose by EUR 0.6m to
EUR 102.7m (previous year EUR 102.1m) in the 2014 fiscal year. That is a
0.5% gain in sales compared to the previous year. Textile retail had to
accept a sales decrease of 3% for the past fiscal year (source:
TextilWirtschaft). Holiday sales figures in December had a conciliatory
effect for LUDWIG BECK. While, according to TextilWirtschaft, the textile
retail sector recorded a 4% loss in sales for December, LUDWIG BECK was
able to significantly increase sales and gained 8.2%.
The online business at www.ludwigbeck.de proved to be a growth engine in
2014. It fulfilled management's expectations and generated a significant
rise in sales. The brick-and-mortar business moved laterally.
"2014 brought enormous challenges for the textile retail sector. In the
face of these extremely negative conditions, we count ourselves happy with
the sales performance at LUDWIG BECK," says Dieter Münch, LUDWIG BECK AG
Executive Board member.
Detailed figures for 2014 and expectations for the new 2015 fiscal year
will be presented at the corporate balance sheet conference in Munich on
March 30, 2015. For more information about the corporation and its stock
visit the company website at http://kaufhaus.ludwigbeck.de.
Investor Relations contact:
esVedra consulting GmbH
Metis Tarta
t: +49 89 206021-210
f: +49 89 206021-610
mt@esvedragroup.com
Group accounting contact:
LUDWIG BECK AG
Jens Schott
t: +49 89 23691 - 798
f: +49 89 23691 - 600
jens.schott@ludwigbeck.de
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08.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Marienplatz 11
80331 München
Germany
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
End of News DGAP News-Service
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310861 08.01.2015
DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK increases gross sales - online business continues to grow
| Source: EQS Group AG