Corporate News

2012

Press release on the Annual General Meeting 2012 Venue: Hotel Hilton München Park, Am Tucherpark 7, 80538 Munich
Munich, May 08, 2012 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 08, 2012, attended by nearly 600 shareholders and shareholders’ representatives, who represented approximately 80% of the share capital and thus 3 million votes. All agenda items were approved by overwhelming majority votes.
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LUDWIG BECK ends 1st quarter of 2012 with record earnings / branch-adjusted sales rise 7.8%
Munich, April 19, 2012 – In the first three months of the 2012 fiscal year, Munich fashion group LUDWIG BECK (Security Identification Number: 519 990) expanded its success at a high level, clearly exceeding last year’s earnings.
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LUDWIG BECK increased sales and profit in 2011
Munich, March 14, 2012 – The Munich-based fashion group LUDWIG BECK (Security Identification Number: 519 990) concluded the fiscal year 2011 with branch-adjusted gross sales up 1.7%. Even the record result of 2010 could be topped with earnings before taxes (EBT) soaring 13.9%.
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LUDWIG BECK increased sales in 2011 and expects new record result – Christmas sales developed satisfactorily
Munich, January 5, 2012 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) increased branch-adjusted gross sales by 1,7 % or € 1.7m to € 103.3m in the fiscal year 2011 according to preliminary figures (previous year: € 101.6m).
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2011

LUDWIG BECK acquired further shares in the flagship store at Marienplatz in Munich –LUDWIG BECK will be the sole proprietor of the real estate in the future
Munich, October 21, 2011 – LUDWIG BECK AG today announced to have acquired a 17.57 % share in the real estate constituting the company’s flagship store. Together with the 50.1 % share acquired in the year 2001 Ludwig Beck now owns 67.67 % of the real estate.
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LUDWIG BECK builds on record year 2010 and confirms forecast for 2011
Munich, October 20, 2011 – In the first nine months of 2011, LUDWIG BECK AG managed to build on the success of the record year 2010.
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LUDWIG BECK continuing on its path to success also in the 1st half of 2011
Munich, July 20, 2011 – After a positive 1st quarter, the Munich fashion group LUDWIG BECK (ISIN DE 0005199905) continued its ongoing success series also in the first six months of 2011 and reported significant increases in sales and result.
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Press release on the Annual General Meeting 2011
Munich, May 13, 2011 – LUDWIG BECK AG (ISIN DE 0005199905) held its Ordinary Annual General Meeting on May 12, 2011 attended by nearly 600 shareholders and shareholders’ representatives who represented approximately 80 % of the share capital and thus 2,965,442 votes. All agenda items met with nearly 100 % approval.
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LUDWIG BECK got off to a successful start into its anniversary year and has been on track for record results also in the 1st quarter of 2011
Munich, April 20, 2011 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) successfully concluded the first three months of the fiscal year 2011 and was able to tie in the high sales and earnings levels of the previous year.
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LUDWIG BECK Group has achieved a leap in earnings and reports the best result in the company’s history
Munich, March 14, 2011 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) concluded the fiscal year 2010 with branch-adjusted sales up 5.3 %. Earnings before taxes (EBT) soared 55 % and LUDWIG BECK was able to achieve by far the best result in the company’s history.
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LUDWIG BECK sees new jump in sales in 2010 – EBT-result of over € 9.0m confirmed
Munich, January 10, 2011 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) concluded the fiscal year 2010 with a clear increase in sales, as the preliminary figures indicate. Branch-adjusted gross sales could be enhanced by 5.3 % and went up to € 107.2m (previous year: € 101.8m). Branch-unadjusted gross sales also rose 3.3 % to € 107.2m (previous year: € 103.7m) despite the further stream-lining of the branch network in 2010.
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2010

Corporate News: LUDWIG BECK expects excellent Christmas business and distinctly upgrades its earnings - forecast for 2010
Munich, December 1, 2010 – LUDWIG BECK AG (ISIN DE 0005199905) managed to further speed up its pace of growth in November and concluded the month with a 9.5 % branch-adjusted sales plus. The flagship store at Marienplatz, usually generating more than 90 % of turnover, increased sales by approximately 10.0 %. On the basis of this favorable development and in expectation of excellent Christmas business, the management upgraded its earnings forecast for the fiscal year 2010 once again.
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Corporate News: LUDWIG BECK increased sales and profit - new record result expected
Munich, October 21, 2010 – LUDWIG BECK AG (ISIN DE0005199905) has continued unabatedly on its course of growth and increased gross sales on group level 5.7 % to € 72.9m in the first nine months of the year 2010. The operating result (EBIT) skyrocketed precipitously by 79.6 % to € 6.6m as compared to the same period last year.
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Corporate News: LUDWIG BECK clearly increased earnings in the 1st half of 2010
Munich, July 21, 2010 – The LUDWIG BECK Group (ISIN DE0005199905) continued its success story in the 1st half of the year 2010. In the first six months of 2010 the Munich fashion group increased gross sales 3.2 % and created a conspicuous, 79.6 % EBIT improvement in comparison to the same period last year.
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Corporate News: Press release on the Annual General Meeting 2010
Munich, May 17, 2010 – LUDWIG BECK AG (ISIN DE 0005199905) held its Annual General Meeting on May 11, 2010 attended by about 500 shareholders and shareholders’ representatives who represented more than 3,200,000 votes and approximately 87 % of the share capital. The Annual General Meeting was held in Munich. All agenda items found much approval.
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Corporate News: LUDWIG BECK continues to perform particularly successfully in the 1st quarter 2010 - Operational result doubled
Munich, April 22, 2010 – In the 1st quarter of 2010, the LUDWIG BECK Group (ISIN DE0005199905) was able to emulate the success of the fiscal year 2009 which had been concluded with record results. The fashion group generated a 4.4 % increase in sales in the first three months of 2010 and improved EBIT by 117.2 %.
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Corporate News: Christian Greiner becomes new member of the Executive Board of LUDWIG BECK
Munich, March 24, 2010 – The Supervisory Board of LUDWIG BECK AG (ISIN DE 005199905) appointed Mr. Christian Greiner (31) as member of the Executive Board for Purchasing, Sales and Marketing (Chief Operating Officer) with effect as of January 1, 2011. He is to succeed Oliver Haller who will leave the company on December 31, 2010 at his own request and in mutual amicable agreement with the company.
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Corporate News: LUDWIG BECK presents financial statements for 2009 and reports record results
Munich, March 9, 2010 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) concluded the fiscal year 2009 with branch-adjusted sales up 1.8 %. As earnings before taxes (EBIT) improved 43.5 %, LUDWIG BECK generated the best result ever achieved in the company’s history.
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Corporate News: LUDWIG BECK concluded fiscal year 2009 very successfully after superb final spurt
Munich, January 11, 2010 – The Munich fashion group LUDWIG BECK (ISIN DE 0005199905) concluded the fiscal year 2009 with a rise in turnover according to provisional figures. Branch-adjusted gross sales could be increased by 1.8 % and rose to € 103.7m (previous year: € 101.9m). Despite the streamlining of the branch network in 2008, also branch-unadjusted gross sales went up 1.1 % to € 103.7m (previous year: € 102.6m).
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2009

Corporate News: LUDWIG BECK successfully started Christmas sale and raises earnings forecast
Munich, December 9, 2009 – The Munich based fashion house LUDWIG BECK AG (ISIN DE 0005199905) today announces the successful start of its Christmas sale 2009. The development of revenues and earnings is higher than last years’ values and clearly outperforms previous expectations of the management. Therefore, the Executive Board of the company officially raises the earnings forecast for the financial year 2009.
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Corporate News: Oliver Haller, Executive Board member of LUDWIG BECK, will not renew his contract
Munich, November 30, 2009 – Oliver Haller, who has been a member of the Executive Board of LUDWIG BECK AG (ISIN DE 005199905) since 2007, will leave the company of his own accord and in amicable agreement by December 31, 2010 and will therefore not renew his contract beyond that date. Until his withdrawal from the company Mr. Haller will continue to pursue his activities with full commitment.
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Corporate News: LUDWIG BECK improves results and raises forecast for 2009 EBT margin
Munich, October 21, 2009 – The Munich based fashion house LUDWIG BECK (ISIN DE 0005199905) was once again able to sustain its successful position in the textile retail trade in the first nine months of 2009. The Group registered a significant growth in EBIT, which went up 19.4 % as compared to last year’s reporting period.
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Corporate News: LUDWIG BECK registered clear increase in revenue and earnings in the 1st half of 2009
Munich, July 21, 2009 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) was again able to contrast favorably against the textile retail branch in general in the 1st half of the fiscal year 2009 and scored a 2.1 % like-for-like sales plus, while the branch had to put up with a 3 % minus according to TextilWirtschaft.
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Corporate News: Mandatory offer of INTRO-Verwaltungs GmbH concluded
Munich, June 29, 2009 – The term for acceptance of the mandatory offer of INTRO-Verwaltungs GmbH published on May 19, 2009, expired on June 19, 2009, and, as notified by INTRO-Verwaltungs GmbH, was accepted for 947,921 shares of LUDWIG BECK AG. This corresponds to 25.7 %. Consequently, the company currently holds approximately 65.9 % of the shares in the Munich fashion house.
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Corporate News: Release concerning the General Meeting for Fiscal Year 2008
Munich, May 18, 2009 – LUDWIG BECK AG held its Ordinary General Meeting on May 15, 2009. More than 500 shareholders accepted the invitation. They represented 2,920,403 shares and 79.0 % of the share capital. The General Meeting was held in Munich. All the agenda items found great approval.
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Corporate News: Statement of LUDWIG BECK AG about obtainment of control by INTRO-Verwaltungs GmbH
Munich, May 6, 2009 – Today, the management of LUDWIG BECK AG was notified by INTRO-Verwaltungs GmbH that INTRO-Verwaltungs GmbH has exceeded the control threshold of 30 % of voting rights in LUDWIG BECK AG, thus increasing its shareholdings in the Munich fashion house to approximately 40.2 %. Before that, the Reichenschwand-based investment company had increased its shareholdings in LUDWIG BECK AG by additional purchases from ATON GmbH and Hans Rudolf Wöhrl Verwaltungs GmbH. INTRO-Verwaltungs GmbH is now the largest individual shareholder of the fashion house.
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Corporate News: LUDWIG BECK reported successful 1st quarter of 2009
Munich, April 22, 2009 – Even in the face of the downward swing worldwide, the LUDWIG BECK Group (ISIN DE0005199905) was once again able to distance itself from the average 5 % drop in sales endured by the retail trade in general, and to generate branch-adjusted gross sales on last year’s level in the 1st quarter of 2009.
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Corporate News: LUDWIG BECK presents consolidated financial statements for the fiscal year 2008
Munich, March 11, 2009 – The LUDWIG BECK Group (ISIN DE 0005199905) concluded the fiscal year 2008 with branch-adjusted sales up 1.8 %; earnings before taxes (EBT) were increased by 42.8 %.
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Corporate News: LUDWIG BECK increases sales in 2008
Munich, January 5, 2009 – According to provisional figures, the Munich fashion group LUDWIG BECK (ISIN DE 0005199905) increased its branch-adjusted gross sales in the fiscal year 2008 by € 1.9m to € 102.6m (previous year: € 100.7m). This corresponds to a 1.8 % plus.
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2008

Corporate News: LUDWIG BECK generates considerable growth of sales in the third quarter EBIT rises by more than 60 % in the first nine months 2008
Munich, October 21, 2008 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) concluded the first nine months of 2008 with a sales plus in spite of the aggravating financial market crisis and a generally bad mood among consumers, while the textile retail trade was faced with a 4 % drop in sales according to a ‘TextilWirtschaft’ survey.
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Corporate News: LUDWIG BECK generates clear sales plus in the third quarter of 2008
Munich, October 8, 2008 - The Munich fashion house LUDWIG BECK AG (ISIN DE 0005199905) generated revenues in the amount of € 69.5m in the first nine months of the fiscal year 2008 thus reaching last year’s level (€ 69.5m). Adjusted for a branch dissolved in the previous year, this equals a 2.4 % increase in comparison to the preceding year.
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Corporate News: LUDWIG BECK publishes half-year report and reports earnings increase
Munich, July 22, 2008 – Despite the wide-spread negative consumption mood, the Munich fashion house LUDWIG BECK (ISIN DE 0005199905) was able to generate more revenues than the textile retail branch in general which, according to a ’Textilwirtschaft’ survey had to put up with a 4 % decline in sales in the first six months of the fiscal year 2008.
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Corporate News: Release about the General Meeting 2008
Munich, May 13, 2008 – LUDWIG BECK AG held its Ordinary Annual General Meeting on May 9, 2008. More than 550 shareholders accepted the invitation. They represented 2,781,757 shares, i.e. 75.28 % of the share capital. The General Meeting was held in Munich. All the agenda items found much approval.
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Corporate News: LUDWIG BECK reports 1st quarter EBIT on last year's level
Munich, April 22, 2008 – In the first two months of the fiscal year 2008, the LUDWIG BECK Group achieved an increase in turnover in comparison to the previous year and, with a like-for-like gross turnover plus amounting to 4.5 % (unadjusted: 1.6 %) in January and 4.0 % (unadjusted: 1.3 %) in February, could continue the positive development of the previous year.
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Corporate News: LUDWIG BECK concludes 2007 fiscal year with clear sales plus
Munich, January 4, 2008 – In the fiscal year 2007, the Munich fashion group LUDWIG BECK (ISIN DE 0005199905) could see a significant increase in sales compared to the previous year. The company generated a gross turnover of € 103.5m, equaling a 2.1 % increase over the previous year (€ 101.3m). Turnover on comparable areas went up by 3.2 %. Christmas sales ended up very gratifying and contributed considerably to this turnover development.
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2007

Corporate News: LUDWIG BECK successfully concludes cash capital increase
Munich, November 26, 2007 – Today, the Executive Board of LUDWIG BECK AG (ISIN DE 0005199905) has announced the conclusion of the cash capital increase without subscription rights resolved upon on November 23, 2007. The company issued 335,000 new shares at an issue price of € 13.30 per share and successfully placed them with INTRO-Verwaltungs GmbH.
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Corporate News: Nine months report 2007 announcement
Munich, October 25, 2007 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) continued the dynamic business development of the previous year in the first nine months of the fiscal year 2007. Turnover and earnings could be increased in comparison to the same period in the previous year.
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Corporate News: Rudolf Wöhrl AG increases share in LUDWIG BECK AG
Munich, September 26, 2007 - Rudolf Wöhrl AG enlarged its 25.0 % share in the voting rights for LUDWIG BECK AG (ISIN DE0005199905) by 4.2 % and is now holding 981.009 shares corresponding to 29.2 % of the voting rights.
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Corporate News: Half year report announcement
Munich, July 26, 2007 – The Munich fashion house LUDWIG BECK (ISIN DE 0005199905) recorded an increase in turnover and profits in the first half of fiscal year 2007 as compared to the corresponding period last year and showed a positive business development in general.
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Corporate News: LUDWIG BECK generates a clear increase in turnover in the first half of 2007
Munich, July 4, 2007 - After a positive start into the fiscal year 2007, the Munich fashion house LUDWIG BECK AG (ISIN DE 0005199905) could continue the promising trend also in the second quarter. The company generated a gross turnover of € 46.3m (previous year: € 44.0m) in the first six months of 2007, equaling an increase of 5.2 %. Like-for-like gross sales even rose more significantly, by 6.3 %, to € 46.3m (previous year: € 43.5m).
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Corporate News: ATON GmbH increases share in LUDWIG BECK AG
Munich, June 25, 2007 – ATON GmbH enlarged its share in the voting rights for LUDWIG BECK AG (ISIN DE0005199905) and is now holding 906,544 shares corresponding to 26.98% of the voting rights.
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Corporate News: Release about the General Meeting 2007
Munich, May 25, 2007 – LUDWIG BECK AG held its Ordinary Annual General Meeting on May 25, 2007. More than 500 shareholders accepted the invitation. They represented 2,267,000 shares and 67.5 % of the share capital. The General Meeting was held in Munich. All the agenda items found much approval.
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Corporate News: Three months report announcement
Munich, April 26, 2007 – In the fiscal year 2007, LUDWIG BECK could continue the positive development trend. The new fiscal year was off to an excellent start. The aggregate turnover of the LUDWIG BECK Group amounted to € 23.0m in the first three months of 2007 (previous year: € 21.9m) equaling an increase of 5.1 %. The Group’s gross turnover on comparable areas even rose more significantly (6.2 %) and showed a better development than the business sector in general, which scored 3 % growth according to “TextilWirtschaft”. Overall net proceeds went up by 2.4 %.
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Corporate News: LUDWIG BECK notably increased in revenue in 2006
Munich, February 08, 2007 - The Munich based Fashion Company LUDWIG BECK (ISIN 0005199905) has shown an increase in profits and closed the 2006 business year successfully. The company’s total sales amounted to € 101.3m (previous year: € 101.7m). The comparable turnover on a like for like floor space basis increased by 1.8 %. According TextilWirtschaft the retail industry as a whole reported an increase of only 1 % for the year 2006.
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Corporate News: LUDWIG BECK boosts sales significantly in financial year 2006
Munich, January 4, 2007 – Munich fashion group LUDWIG BECK (ISIN DE 0005199905) looks back on an extremely satisfactory financial year 2006 with like-for-like sales on a comparable floor space totalling € 101.3m (previous year: € 99.6m). This figure amounts to 1.8 % growth.
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2006

Corporate News: Nine months report 2006 release
Munich, October 26, 2006 – The LUDWIG BECK group (ISIN DE0005199905) was able to continue with its positive sales trend, adjusted for changes in floor space, in the first nine months of the financial year 2006. Gross sales, adjusted for changes in floor space, showed an overall increase of 1.5 %. Gross sales at group level amounted to EUR 67.8 million (previous year: EUR 68.5 million), representing a slight decrease of 1.0 % in sales. The industry as a whole showed a sideways trend with 0.0 %.
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Corporate News: Half-year report 2006 release
Munich, July 27, 2006 – The LUDWIG BECK group developed positively in the first half of 2006, continuing to grow in a market environment characterised by sideways movement. In the first six months of the financial year 2006, gross sales at group level amounted to € 44.0m, compared with € 43.7m in the previous year. This represents a growth rate of 0.6 %. Adjusted for changes in floor space, sales grew at a significantly higher rate of 3.7 %. In the same period, according to TextilWirtschaft, the industry increased its sales by 1.0 %.
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Corporate News: Oliver Haller to join LUDWIG BECK Management Board
Munich, July 13, 2006 – Oliver Haller will join the LUDWIG BECK AG Management Board on 1 January 2007 as Chief Operating Officer in charge of purchasing, sales and marketing.
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Corporate News: Announcement concerning the forthcoming merger
Munich, June 14, 2006 - Ludwig Beck Vertriebs AG, Munich (entered in the commercial register of the Local Court of Munich under registration number 138755), with 100 % of the original capital being held by Ludwig Beck am Rathauseck – Textilhaus Feldmeier Aktiengesellschaft will conclude a merger agreement with Ludwig Beck am Rathauseck – Textilhaus Feldmeier Aktiengesellschaft (“Ludwig Beck AG”), whereas Ludwig Beck Vertriebs AG as transferring legal entity will be merged into Ludwig Beck AG as receiving legal entity pursuant to Section 2 No. 1 Conversion Act (UmwG) (absorbing merger).
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Corporate News: Three months report 2006 announcement
Munich, April 27, 2006 – The LUDWIG BECK group ended the financial year 2005 with an increase in sales that exceeded all expectations, and the first three months of 2006 also ended with a positive sales trend despite the persistently difficult market environment. Its gross sales totalled EUR 21.92 million (previous year: EUR 21.86 million). This represents a slight increase of 0.3%. Adjusted for changes in floor space, sales increased by 3.9%. According to the trade journal TextilWirtschaft, the textile retail business saw its sales drop by 6% in the same period.
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Corporate News: New major shareholder at LUDWIG BECK
Munich, April 20, 2006 – The management board of LUDWIG BECK AG (ISIN DE 0005199905) has announced that the Nuremberg fashion house Rudolf Wöhrl AG has acquired all of the shares held by longstanding LUDWIG BECK major shareholder Karl Schleicher and another financial investor.
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Corporate News: Annual General Meeting approves dividend payment
Munich, May 26, 2006 – The Annual General Meeting of LUDWIG BECK AG (ISIN DE 0005199905) shareholders approved by a large majority the proposal by the Management Board and Supervisory Board to pay a dividend of EUR 0.10 per share. With 3.36 million dividend-bearing shares, the total dividend payment for financial year 2005 amounts to EUR 336,000. The remaining EUR 115,000 in balance sheet profit will be allocated to the revenue reserve. The dividend is tax-free.
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Corporate News: LUDWIG BECK achieves marked sales increase in January and February 2006
Munich, March 3, 2006 - The Munich-based traditional department store Ludwig Beck (ISIN DE 0005199905) experienced an outstanding start to the new year. The company reported sales growth of 1.4% at the group level in January and February 2006 compared to the same period the previous year. Gross sales were EUR 13.1 million (previous year: EUR 12.9 million). Over a comparable period, sales increased even more significantly, namely by 5.1% compared to the previous year.
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Corporate News: LUDWIG BECK director Reiner Unkel is moving to Douglas in 2007
Munich, January 25, 2006 – Reiner Unkel, the chairman of the management board of Ludwig Beck AG (ISIN DE 0005199905), will resign from his job with effect from 31 December 2006 in agreement with the company in order to join the board of directors of Douglas Holding AG as chairman of the perfumery division. Until then, Unkel will pursue his activity consistently and continue to play an active role in the profitable course adopted in 2005.
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Corporate News: LUDWIG BECK's market volume further increased in 2005
Munich, January 4, 2006 - In the business year 2005, the traditional Munich department store LUDWIG BECK (ISIN DE 0005199905) exceeded its own expectations and once again increased its market volume in comparison to the previous year. Even though the difficult market situation in the retail sector has continued unchanged and the development of the textile industry has been negative, the Group’s gross sales grew by € 1.2 million to € 101.7 million (in 2004: € 100.5 million).
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2005

Corporate News: Christmas sales 2005 exceed expectations
Munich, December 27, 2005 – Ludwig Beck AG is pleased to report that for the critical Christmas sales weeks (1.12.-24.12.) both turnover and profit levels exceeded our forecast. Overall we achieved an increase in turnover of 4,8 % on a like-for-like square meter basis over last years Christmas period. By and large our customers tended to chose higher value products when shopping for gifts.
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Corporate News: Major shareholder of LUDWIG BECK increases stake in traditional department store
Munich, December 20, 2005 - Karl Schleicher, major shareholder of LUDWIG BECK AG, has expanded his share of voting rights in the Munich-based traditional department store. With some 840,000 shares, he now holds slightly more than 25 percent of the company listed in the Prime Standard. The announcement, following Section 25 Article 1 of the Securities Trade Act (Wertpapierhandelsgesetz), was published in the Handelsblatt newspaper.
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Corporate News: Increase in Turnover in November - Good Start of Christmas Trade
Munich, December 8, 2005 - In November 2005 LUDWIG BECK (ISIN DE0005199905) increased cross turnover of last year by 1.1 % to 9.8 (9.7) million EUR. On a like-for-like-basis growth in turnover in November amounts to 3.5 %. Thus sales developed - as also during the last months - at the upper end of our expectations.
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Corporate News: Increase in Turnover in October
Munich, November 11, 2005 - In October 2005 LUDWIG BECK (ISIN DE0005199905) increased cross turnover of last year by 1.7 % to 10.0 (9.8) million EUR. On a like-for-like-basis growth in turnover in October amounts to 4.1 %. Thus sales developed at the upper end of our expectations.
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Corporate News: Strong year-on-year growth in sales - EBIT up - 1.7m on previous year
Munich, October 28, 2005 - The LUDWIG BECK Group (ISIN DE 0005199905) has continued its encouraging development in the third quarter of its current fiscal year: in the first nine months of 2005, the Group generated sales revenues of € 68.5 (67.9) million. This represents absolute growth in sales of 0.9%. On a like-for-like basis, sales grew by 2.6% compared with the same period last year.
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Corporate News: Development in turnover higher than last year - continuing trend to growth
Munich, October 11, 2005 - LUDWIG BECK (ISIN DE0005199905) continued its positive development in turnover within the first nine months of the year on a like for like basis.
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Corporate News: First six months of 2005 with sales-area-adjusted turnover growth
Munich, July 28, 2005 – The first six months of 2005 saw the LUDWIG BECK Group (ISIN DE0005199905) maintain the previous year’s level in terms of turnover, with gross sales up from €43.6 million to €43.7 million. This development is all the more pleasing in view of the fact that the number of sales locations has been reduced by five in comparison with the same period last year and given that the textile retail sector will be registering an average drop in sales of 2.0% for the first half-year 2005 (source: Textilwirtschaft, the German trade journal). The LUDWIG BECK Group’s sales rose by 1.0% in sales area adjusted terms during this period.
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Corporate News: Sales and earning up in the 1st quarter
Munich, April 29, 2005 - The LUDWIG BECK Group closed the 1st quarter of 2005 with sales up in year-on-year comparison – in spite of the fact that there were three sales days less than in the same period last year. Gross turnover rose from €21.7 million to €21.9 million, equating to an increase of 0.9%. Sales revenue rose by 1.5% after adjustment by floor area.
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Corporate News: Increase in Turnover in the first Quarter 2005
Munich, April 8, 2005 – LUDWIG BECK (ISIN DE0005199905) closed the first quarter 2005 showing a plus in turnover compared to the first 3 months 2004. Gross turnover within the Group increased to 21.9 (last year 21.7) million €. This is an increase in turnover of 0.9 % compared to the same period 2004. According to TextilWirtschaft the textile retail business will presumably have to bear a decrease in turnover of 2.0 % in the same period.
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Corporate News: Announcement to Annual General Meeting 2005
Munich, May 30, 2005 - Venue: Hotel Hilton München Park, Tucherpark 7, 80538 München. The General Meeting on May 30, 2005 was attended by more than 500 shareholders - a 46 % presence. All the agenda items found much approval. The Ordinary General Meeting 2004 was held in Munich on May 30, 2005. More than 500 shareholders participated. All in all, 3,360,000 shares, i.e. 45.99 % with 1,545,371 votes were represented.
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Corporate News: Increase in Turnover and Earnings per April 2005
Munich, May 31, 2005 - LUDWIG BECK (ISIN DE0005199905) closed the first four months 2005 as per April 30th with a slight increase in turnover compared to the same period 2004. Gross turnover amounted to 30.0 (29.9) million EUR.
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Corporate News: Significant earnings growth in 2004
Munich, March 17, 2005 - In the course of the past fiscal year the LUDWIG BECK Group (ISIN DE0005199905) significantly improved both its sales as well as earnings. At EUR 100.5 million, gross sales at Group level were 8% up on the previous year’s figure of EUR 93.1 million. This equated to an increase of 2.4% after adjustment for floor area.
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Corporate News: LUDWIG BECK closes 2004 with significant sales growth
Munich, January 10, 2005 – Fiscal 2004 saw LUDWIG BECK (ISIN DE 0005199905) increase turnover significantly, with gross sales up by no less than EUR 7.4 million to EUR 100.5 million, in other words by 8% in comparison with the fiscal 2003 figure of EUR 93.1 million.
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