|High / Low range:||0.4|
DGAP-Adhoc: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK AG: Sale of gentleman's fashion chain WORMLAND and adjustment of forecast for fiscal year 2019
DGAP-Ad-hoc: Ludwig Beck am Rathauseck-Textilhaus
Feldmeier AG / Key word(s): Disposal/Change in
AD-HOC NOTIFICATION pursuant to section 17 MAR (Market Abuse Regulation)
LUDWIG BECK am Rathauseck - Textilhaus Feldmeier
The sale of WORMLAND changes LUDWIG BECK's forecast for the 2019 fiscal year. The closing date of the purchase agreement is planned for April 30, 2019, 24:00 hours. For 2019, LUDWIG BECK now expects revenue at Group level between EUR 114m and EUR 119m (previously: between EUR 165m and EUR 170m) and EBT (earnings before taxes) between EUR -12 m and EUR -13m (previously: between EUR 1.5m and EUR 2.5m). On the level of the single-entity financial statements, LUDWIG BECK now expects a net loss for the year 2019 amounting to EUR -10m to EUR -11m. As the 2019 profit available for distribution of LUDWIG BECK AG is therefore now expected to be EUR 0, a dividend for the 2019 fiscal year can no longer be expected.
Ludwig Beck am Rathauseck-Textilhaus Feldmeier Aktiengesellschaft, Marienplatz 11, 80331 Munich
15-Apr-2019 CET/CEST The DGAP Distribution Services
include Regulatory Announcements, Financial/Corporate
News and Press Releases.
|Company:||Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG|
|Phone:||+49 (0)89 2 36 91-0|
|Fax:||+49 (0)89 2 36 91-600|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||800207|
|End of Announcement||DGAP News Service|
800207 15-Apr-2019 CET/CEST
EQS Group is a leading international technology provider for Digital Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS’s products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.