Brief: Gerry Weber Q1 consolidated EBITDA up at 15.6 mln euros

Gerry Weber International AG

16/03/2017 06:40

March 16 (Reuters) - Gerry Weber  GWIG.DE : 
    * Q1 consolidated EBITDA up 7.7% to 15.6 million euros  
($16.75 million) 
    * In Q1 of 2016/17, Gerry Weber International AG generated 
consolidated sales revenues of 209.2 million euros ($224.64 
million), down 2.1 percent 
    * Expects sales revenues for current financial year 2016/17 
to be 2% to 4% below prior year level (previous year: 900.8 
million euros) 
    * Projects 2016/2017 consolidated EBITDA reported of between 
60 million and 70 million euros (previous year: 77.3 million 
euros) 
    * Q1 consolidated earnings before interest and taxes (EBIT) 
improved by 5.1% to 4.1 million euros 
 
Source text for Eikon:  ID:nEQ7DF46z  
Further company coverage:  GWIG.DE  
 
($1 = 0.9313 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))