Weber International Ag
GERRY WEBER International
AG is a German company, active in the fashion and lifestyle sector. The
Gerry Weber collection consists of three main clothing brands. The core
brand, GERRY WEBER is positioned in the upper mid-price segment for
clothing, and comprises the two sub labels GERRY WEBER Edition,
knitwear, shirts, blouses, trousers, skirts and outdoor jackets; as
as G.W., supplying retailers with the latest fashions. The TAIFUN brand
contains a collection targeted at younger women, positioned in the
segment. SAMOON brand provides a collection of plus-size wear. In
the Company offers jewelry, bags, eyewear and shoes. As of October 31,
2010, there were 405 Company-managed and franchised HOUSES OF GERRY
of which 193 were located in Germany and 212 abroad. 178 HOUSES OF
WEBER were managed by GERRY WEBER Group, thereof 138 in Germany. 227 of
the multi-brand stores were operated by franchisees, thereof 55 in
and 172 abroad.
Gerry Weber International AG / Key word(s): Preliminary Results
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Ad-hoc release pursuant to section 15 WpHG
GERRY WEBER reaches its targets and continues its growth strategy
- 2011/12 sales revenues up by 14.2% to EUR 802.3 million
- EBIT margin climbs to 14.5% despite expansion-related one-time start-up costs
- Growth strategy to be continued also in 2012/13 - sales target range from EUR 890 to 900 million
(Halle/Westphalia, 23 January 2013) According to preliminary figures, GERRY WEBER International AG reached the targets set for the past fiscal year
2011/12 (1 November 2011 - 31 October 2012), i.e. to generate sales revenues of EUR 800 million and an EBIT margin of at least 14.5%. Sales
increased by an impressive 14.2% to EUR 802.3 million (previous year: EUR
702.7 million). In spite of the investments made and one-time start-up costs resulting from the Retail expansion as well as a deterioration in the
environment of the clothing retail sector in the 2nd half of the year, earnings before interest and taxes (EBIT) improved to EUR 115.9 million
(previous year: EUR 99.6 million). This represents a 16.4% increase on the previous year. Accordingly, the EBIT margin climbed to 14.5%.
14, 2011 GERRY
WEBER New sales and earnings records in the first nine months of
•GERRY WEBER defies economic
fears and accelerates international expansion
report strong increase in sales revenues
forecast for current fiscal year confirmed
September 11) The GERRY WEBER again reached new sales and earnings
in the first nine months of 2010/2011. Group revenues increased by
on the previous year. All earnings figures improved at clearly
rates. “We continue to expand our presence in the international market.
Our GERRY WEBER core brand, which has been among the best known and
successful brands in the German clothing retail sector, continues its
story, not least thanks to the sublabels, GERRY WEBER EDITION and G.W.
Sales revenues of GERRY WEBER EDITION rose by 24.7% and G.W. improved
53.8%,” said CEO Gerhard Weber.
In the first nine months
of 2010/2011, Group sales revenues rose from EUR 432.3 million to EUR
million, which represents an increase of 12.6%. The strong growth was
driven by both the GERRY WEBER core brand and the company’s own Retail
activities. Sales revenues in the Retail segment, which comprises the
stores as well as the 195 company-managed HOUSES OF GERRY WEBER and the
GERRY WEBER eShop, increased by 25.1% from EUR 124.7 million to EUR