DGAP-Adhoc 104 0 Kommentare GERRY WEBER International AG specifies forecast for fiscal year 2022

DGAP-Ad-hoc: Gerry Weber International AG / Key word(s): Forecast/Annual Results
GERRY WEBER International AG specifies forecast for fiscal year 2022

06-Jul-2022 / 21:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
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GERRY WEBER International AG specifies forecast for fiscal year 2022

The Management Board of GERRY WEBER International AG previously expected a normalized consolidated EBITDA (excluding effects from lease accounting in accordance with IFRS 16) in the negative single-digit million range for fiscal year 2022. This forecast is being extended in an upward direction due to the expected successful implementation of further optimization measures in the current business. Thus, the Management Board now expects normalized consolidated EBITDA to be in the negative single-digit million range to positive single-digit million range.

Furthermore, the Management Board is raising the forecast for consolidated net sales to EUR 315 million to EUR 340 million.

The Management Board

Communicating person:
Florian Frank
Member of the Managing Board
Tel.: +49 5201 185-140
ir@gerryweber.com

06-Jul-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Gerry Weber International AG
	Neulehenstraße 8
	33790 Halle/Westfalen
	Germany
Phone:	+49 (0)5201 185-0
Fax:	+49 (0)5201 5857
E-mail:	ir@gerryweber.com
Internet:	http://group.gerryweber.com
ISIN:	DE000A255G36
WKN:	A255G3
Listed:	Regulated Market in Dusseldorf, Frankfurt (General Standard)
EQS News ID:	1392471