16. January 2017

Ad hoc Announcements

Ad hoc

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).

If you have any questions, please contact:

Dr. Hjördis Kettenbach

Head of Corporate Communication

Phone: +49 7123 94-2375

Fax: +49 7123 94-80237

Dennis Weber

Head of Investor Relations

Phone: +49 7123 94-86267

Fax: +49 7123 94-886267

  • Adhoc
    (EN | January 16, 2017)

Hugo Boss AG published this content on 16 January 2017 and is solely responsible for the information contained herein.
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