Fiscal year 2017/18

  • Largely stable revenue trend in Q4 2018 mitigates the mid-year declines (Q2 and Q3)
  • Revenue trend in 2017/18 (-5.4 percent) influenced by slow suit and jacket sales as well as difficult market situation in Russia and Ukraine
  • EBIT before one-time effects down by EUR -1.4 million due to lower revenues
  • Lower consolidated earnings after taxes (EUR -7.0 million) primarily due to extraordinary expenses incurred for the implementation of the measures aimed at increasing the company´s earnings and efficiency in the medium term
  • Solid balance sheet structure as evidenced by equity ratio of 54 percent and reduced net working capital