Brief: Gerry Weber closes H1 in line with expectations

Gerry Weber International AG

14/06/2017 06:28

June 14 (Reuters) - GERRY WEBER  GWIG.DE : 
    * GERRY WEBER CLOSES H1 IN LINE WITH EXPECTATIONS AND IS 
THUS PERFORMING TO PLAN 
    * H1 OPERATING RESULT OF EUR 6.0 MILLION FULLY IN LINE WITH 
PROJECTIONS FOR FULL FINANCIAL YEAR 2016/17 
    * IN FIRST HALF OF 2016/17 (1 NOVEMBER 2016 TO 30 APRIL 
2017), CONSOLIDATED SALES REVENUES OF GERRY WEBER GROUP WERE 
DOWN BY A MODERATE 3.6% ON SAME PERIOD OF PREVIOUS YEAR TO EUR 
427.8 MILLION 
    * HALLHUBER BRAND CONTRIBUTED EUR 92.9 MILLION TO GROUP 
REVENUES IN H1 2016/17 
    * CONFIRMS FORECAST FOR FULL YEAR AND EXPECTS SALES REVENUES 
TO BE 2% TO 4% LOWER THAN IN PREVIOUS YEAR (PREVIOUS YEAR: EUR 
900.8 MILLION) 
 
Source text for Eikon:  ID:nEQ1z32qVa  
Further company coverage:  GWIG.DE  
 
 (Gdynia Newsroom) 
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