LUDWIG BECK concludes problematic Fiscal Year 2018
Munich, March 28, 2019 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905), alike fashion traders all over Europe, had to put up with constant structural pressures in the Fiscal Year 2018. Unpredictable climatic influences repeatedly curbed seasonal sales as well. Consequently, the sales and earnings situation reflected the negative industry trend and failed to meet expectations.
LUDWIG BECK AG: LUDWIG BECK resolves to introduce a process to sell the gentleman's fashion chain WORMLAND

AD-HOC NOTIFICATION pursuant to section 17 MAR (Market Abuse Regulation)

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG - Securities Identification Number 519 990 -

LUDWIG BECK AG: LUDWIG BECK resolves to introduce a process to sell the gentleman's fashion chain WORMLAND Munich,

January 31, 2019 – In recent months

LUDWIG BECK’s gross sales in 2018 in line with expectations
Munich, January 8, 2019 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) concluded the 2018 fiscal year with preliminary gross sales at Group level amounting to € 166.0m (previous year: € 173.2m). The sales target of € 165m, which had been adjusted in December, was thus slightly exceeded.
QI 2019

The Consolidated Quarterly Statement closing on March 31, 2019 contains information covering the first three months of the fiscal year 2019.

Link to release (PDF)
QII 2019

The Consolidated Interim Report closing on June 30, 2019 contains information covering the second quarter and the first six months of the fiscal year 2019.

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QIII 2019

The Consolidated Interim Release closing on September 30, 2019 contains information covering the first nine months of the fiscal year 2019.

Link to release (PDF)
LUDWIG BECK adjusts sales and earnings forecast for 2018

AD HOC Release

LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG - Securities Identification Number 519 990 -

LUDWIG BECK adjusts sales and earnings forecast for 2018

Munich, December 10, 2018 – LUDWIG BECK am Rathauseck – Textilhaus Feldmeier AG today decided to adjust its annual forecast for 2018. Major reasons

LUDWIG BECK Group challenged by climatic extremes in the first nine months of 2018
Munich, October 24, 2018 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) recorded a 5.7% decline in sales in the first nine months of the current fiscal year. After a long and hard winter that had affected the spring business, general consumer reticence made itself felt in the further course of the year as well. In the 2018 fairytale summer many consumers preferred outdoor leisure activities over shopping experiences. The month of September also stood out with midsummer temperatures.
LUDWIG BECK‘s result in the first six months falls within the forecast range
Munich, July 25, 2018 – The Munich Fashion Group LUDWIG BECK (ISIN DE 0005199905) concluded the first half of the year 2018 with a decline in sales reflecting the current sector development. Cold weather at the beginning of spring and midsummer temperatures in April were the main factors putting pressure on sales volumes nationwide. In addition, the stationary fashion trade lost further market shares to online stores. However, through moderate price reductions and an efficient cost structure, the result could nevertheless be maintained at a high level.
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