Brief: Gerry Weber H1 Sales Down 23.4% To EUR 107.7 Million

Gerry Weber International AG

12/08/2021 06:44

Aug 12 (Reuters) - Gerry Weber International AG  GWI2k.DE :
    * GERRY WEBER INTERNATIONAL AG CLEARLY INCREASES NORMALISED
EBITDA
IN FIRST HALF OF 2021
    * OUTLOOK FOR FY 2021 CONFIRMED
    * GROUP SALES DECLINE BY 23.4 % TO EUR 107.7 MILLION IN
FIRST HALF
OF 2021
    * H1 AT EUR -10.2 MILLION, NORMALISED EBITDA CLEARLY ABOVE
PRIOR
YEAR LEVEL IN H1 2021
    * FOR FISCAL YEAR 2021, MANAGING BOARD CONTINUES TO PROJECT
CONSOLIDATED NET SALES OF BETWEEN EUR 260 MILLION AND EUR 280
MILLION
    * 2021 NORMALISED CONSOLIDATED EBITDA (EXCLUDING EFFECTS OF
LEASE
ACCOUNTING UNDER IFRS 16) IS TO BE IMPROVED TO A NEGATIVE LOW
DOUBLE-DIGIT MILLION FIGURE.

Source text for Eikon:  ID:nEQ58NzJBa 
Further company coverage:  GWI2k.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))