EQS-Adhoc

CALIDA GROUP focuses further on core business of underwear and lingerie - sale of MILLET MOUNTAIN GROUP planned - Seite 2

Hans-Kristian Hoejsgaard, Chairman of the Board of Directors of CALIDA GROUP, comments: "The scheduled sale of MILLET MOUNTAIN GROUP is the next logical step in optimising the CALIDA GROUP business model. A new owner can successfully bring our outdoor business further. The focus on the internationally known brands CALIDA and AUBADE gives the Group a distinct profile in the area of underwear and lingerie and generates corresponding value creation to the benefit of customers, employees and shareholders."

Timo Schmidt-Eisenhart, CEO of CALIDA GROUP, comments: "The planned further strategic focusing of the business model will give an extra boost to the growth and profitability of our Group. At the same time, we plan to expand our core business of underwear and lingerie both organically and through targeted acquisitions. The financial solidity of the Group opens up interesting business opportunities for us. The well positioned and highly profitable brands CALIDA, AUBADE and LAFUMA MOBILIER form an extremely solid basis for the Group's further development."

For further information, please contact:
Calida Holding AG
Sacha Gerber, CFO
Tel.: [phone]
[e-mail]

 

The CALIDA GROUP is a globally active apparel group with its head office in Switzerland. It consists of the brands CALIDA and AUBADE in the lingerie segment, MILLET and LAFUMA in the alpine sports and outdoor segment as well as the outdoor furniture brand LAFUMA MOBILIER. The Group generated revenue of around CHF 333 million in 2020 with around 2,800 employees. The CALIDA GROUP is listed on the SIX Swiss Exchange.

Additional features:


File: CALIDA GROUP press release

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End of ad hoc announcement

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Language:	English
Company:	CALIDA Holding AG
	Bahnstrasse
	6208 Oberkirch
	Switzerland
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.calidagroup.com
ISIN:	CH0126639464, FR0000035263
Listed:	SIX Swiss Exchange; Paris
EQS News ID:	1212887