Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK surpasses 2016 earnings forecast
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key word(s): Results Forecast/Results Forecast 02-Feb-2017 / 13:45 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AD HOC NOTIFICATION LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG - Security Identification Number 519 990 - LUDWIG BECK surpasses 2016 earnings forecast Munich, February 2, 2017 - Based on provisional figures of December 31, 2016, LUDWIG BECK AG is expecting a better result for the full year of 2016, despite the forecast published on October 1, 2016. For weather-related reasons the consumer reticence observed in the third quarter of 2016 diminished in the fourth quarter and Christmas sales also surpassed expectations. Based on the 2016 annual forecast of October 1, 2016 the company has so far assumed that group-level earnings before interest and tax (EBIT) would amount to between EUR 4 and 5 million. Based on the provisional figures of December 31, 2016, the management board now assumes that the group-level EBIT will be more than EUR 6 million. On the AG level as well, LUDWIG BECK surpasses the earnings forecast of October 1, 2016 based on the provisional figures. The management board is now anticipating an EBIT of considerably more than EUR 5 million, based on the provisional figures on the level of the AG. Investor Relations contact: esVedra consulting GmbH Metis Tarta t: +49 89 206021-210 f: +49 89 206021-610 mt@esvedragroup.com Group accounting contact: LUDWIG BECK AG Jens Schott t: +49 89 23691-798 f: +49 89 23691-600 jens.schott@ludwigbeck.de --------------------------------------------------------------------------- 02-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG Marienplatz 11 80331 München Germany Phone: +49 (0)89 2 36 91-0 Fax: +49 (0)89 2 36 91-600 E-mail: info@ludwigbeck.de Internet: www.ludwigbeck.de ISIN: DE0005199905 WKN: 519990 Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
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