Brief: Ludwig Beck Am Rathauseck-Textilhaus Feldmeier Q1 Result 2022 Net Gross Profit Up At 5.6 Mln

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG

21/04/2022 07:37

April 21 (Reuters) - LUDWIG BECK AM RATHAUSECK TEXTILHAUS
FELDMEIER AG  ECKG.DE :
    * SALES IN THE FIRST QUARTER ARE WELL ABOVE THE PREVIOUS
YEAR BUT
NOT YET AT THE PRE-PANDEMIC LEVEL
    * Q1 LOSS AFTER TAX -1.1 MILLION EUR VERSUS -2.7 MILLION EUR
LOSS
YEAR AGO
    * Q1 PRETAX LOSS -1.8 MILLION EUR VERSUS -4.2 MILLION EUR
LOSS
YEAR AGO
    * Q1 GROSS SALES OF EUR 14.7M IN Q1 OF 2022 (PREVIOUS YEAR:
EUR
6.7M)
    * OUTLOOK 2022: EXPECTS GROSS SALES OF BETWEEN EUR 85M AND
EUR 88M
    * Q1 NET GROSS PROFIT IMPROVED FROM EUR 2.3M TO EUR 5.6M
    * OUTLOOK 2022: SLIGHTLY POSITIVE EARNINGS BEFORE TAXES
(EBT) IN
FISCAL YEAR 2022
    * OPERATING EXPENSES WERE EUR 6.9M IN Q1 OF 2022 (PREVIOUS
YEAR:
EUR 5.9M)
    * LUDWIG BECK SAYS Q1 EBIT WAS EUR LOSS 1.3 MILLION VERSUS
PREVIOUS YEAR LOSS EUR 3.5 MILLION

Source text for Eikon:  ID:nEQVwVGta 
Further company coverage:  ECKG.DE 

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