Brief: Gerry Weber 9-mth result swings to loss of EUR 4.0 mln

Gerry Weber International AG

14/09/2016 06:30

Sept 14 (Reuters) - Gerry Weber International AG  GWIG.DE : 
    * Sales revenues up 1.3 percent to 638.5 million euros ($716.46 million) in first nine 
months of 2015/16 
    * High negative effects and depreciation/amortisation in connection with realignment weighed 
on earnings 
    * Group's EBITDA dropped from 63.0 million euros to 40.7 million euros in first nine months 
of 2015/16 
    * EBIT dropped sharply from 38.0 million euros to 0.6 million euros in first nine months of 
2015/16 
    * 9-month net loss 4.0 million euros versus profit 22.2 million euros year ago 
    * Is upholding its full year guidance 
 
Source text for Eikon:  ID:nEQ3dPYD8a  
Further company coverage:  GWIG.DE  
 
($1 = 0.8912 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))