Brief: Gerry Weber 9-Month Result Increased To EUR -24.4 Mln From EUR -32.2 Mln Year Ago

Gerry Weber International AG

22/11/2021 06:36

Nov 22 (Reuters) - GERRY WEBER INTERNATIONAL AG  GWI2k.DE :
    * SIGNIFICANTLY INCREASES NORMALISED EBITDA IN FIRST NINE
MONTHS
OF 2021
    * AT EUR -4.0 MILLION, NORMALISED EBITDA CLEARLY ABOVE PRIOR
YEAR
LEVEL IN FIRST NINE MONTHS OF 2021
    * OUTLOOK FOR FY 2021 CONFIRMED, OUTLOOK FOR FY 2022
PUBLISHED
    * CONSOLIDATED NET SALES FALLING BY 16% TO EUR 191.5 MILLION
IN
FIRST NINE MONTHS OF 2021
    * 9-MONTH RESULT INCREASED TO EUR -24.4 MILLION FROM EUR
-32.2
MILLION IN PREVIOUS YEAR
    * 9-MONTH GROSS PROFIT DETERIORATED BY A DISPROPORTIONATE
12.6%
AND AMOUNTED TO EUR 119.7 MILLION (PREVIOUS YEAR: EUR 137.0
MILLION)

Source text for Eikon:  ID:nEQ8vrhDJa 
Further company coverage:  GWI2k.DE 

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