Gerry Weber International AG / Key word(s): Miscellaneous/Weiteres Schlagwort 17.01.2012 07:28 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 Anticipated revenues of EUR 702.7 million for the fiscal year 2010/11 show that the impressive success story of GERRY WEBER continues - Revenues climb 13.0% to EUR 702.7 million in 2010/11; EBIT margin rises to 14.2% - Growth to continue even after targets have been reached - revenues to climb to EUR 775 million in 2011/12 - Retail segment to be expanded by 75-85 own Houses of GERRY WEBER worldwide (Halle/Westphalia, 17 January 2012) According to preliminary figures, GERRY WEBER International AG (WKN: 330410) expects sales revenues of EUR 702.7 million for the past financial year 2010/11 (previous year: EUR 621.9 million), which marks yet another record for the company. In spite of extensive investments in the expansion of the company's own Retail segment, earnings before interest and taxes (EBIT) increased by an impressive 19.6% to EUR 99.6 million (previous year: EUR 83.3 million). This represents an EBIT margin of 14.2%. The fact that the projected EUR 700 million mark was exceeded and the 14.2% EBIT mean that GERRY WEBER International AG once again achieved the targets it had set itself for the past financial year 2010/11. Retail With sales revenues rising by 25.1% to EUR 217.2 million (previous year: EUR 173.6 million), the Retail segment once again was a key growth driver for the company. The sharp increase is attributable to both the opening of 64 company-managed Houses of GERRY WEBER and to a 7.7% rise in like-for-like sales. Forecast for 2011/12 The Managing Board of GERRY WEBER International AG expects sales revenues to surge to EUR 775 million in the financial year 2011/12 which would again represent a double-digit percentage increase . Earnings are also expected to improve further. The company projects an improvement in the EBIT margin to 14.8% for the current financial year. As in the previous years, the Retail activities will again be an important sales and earnings driver. The company plans to open 75-85 new company-managed Houses of GERRY WEBER worldwide, about half of them outside Germany. In the previous year 2010/11 overall 64 company-managed Houses of GERRY WEBER were opened in Germany and abroad. The cooperation with wholesale customers will also be intensified in 2011/2012, with the number of shop-in-shops expected to increase by 200 to roughly 2,500. The first shop-in-shops are to be opened at Bloomingdale's, USA, already in the coming weeks. The final figures for the financial year 2010/11 will be published on the occasion of the annual accounts press conference in Düsseldorf on 27 February 2012. Preliminary key figures and forecast of GERRY WEBER International AG |[![CDATA[|[pre|]]]|] 2009/10 Preliminary 2010/ Forecast 2011/ 11 12 Sales revenues (in EUR 621.9 702.7 775.0 million) EBIT (in EUR million) 83.3 99.6 EBIT margin in % 13.4 % 14.2 % 14.8 % |[![CDATA[|[/pre|]]]|] Listed on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) ISIN: DE0003304101 WKN: 330410 |[![CDATA[|[pre|]]]|] Investor Relations Contact GERRY WEBER International AG Claudia Kellert NeulehenstraÃe 8 D - 33790 Halle/Westfalen Tel.: +49 (0) 52 01-185 8422 E-mail: c.kellert@gerryweber.de |[![CDATA[|[/pre|]]]|] 17.01.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Gerry Weber International AG NeulehenstraÃe 8 33790 Halle/Westfalen Germany Phone: +49 (0)5201 185-0 Fax: +49 (0)5201 5857 E-mail: c.kellert@gerryweber.de Internet: www.gerryweber-ag.de ISIN: DE0003304101 WKN: 330410 Indices: MDAX Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Gerry Weber International AG: Anticipated revenues of EUR 702.7 million for the fiscal year 2010/11 show that the impressive success story of GERRY WEBER continues
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