EQS-News

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK with positive development in the 2022 fiscal year - Seite 2

As in the previous year, depreciation and amortization amounted to € 6.4m in the 2022 fiscal year. Accordingly, earnings before interest and taxes (EBIT) was € 4.9m (previous year: € 6.6m).

The financial result improved slightly from € -2.3m in the previous year to € -2.1m in the 2022 fiscal year. Earnings before taxes (EBT) amounted to € 2.8m after € 4.3m in the previous year.

Earnings after taxes (EAT) was € 2.2m (previous year: € 3.6m).

The net loss of the LUDWIG BECK AG for the 2022 fiscal year was € -0.6 million. This was fully offset by withdrawals from the revenue reserves. The balance sheet profit 2022 of LUDWIG BECK AG thus amounted to € 0. Therefore no dividend can be distributed for the 2022 fiscal year.

 

Outlook

LUDWIG BECK is cautiously optimistic about the 2023 fiscal year and still believes in the importance of a sensible combination of stationary retail and online trade. Thus, LUDWIG BECK will continue to invest in the Marienplatz store in 2023 and by renovation create new exciting shopping worlds. Despite difficult economic conditions, the management of LUDWIG BECK AG expects gross sales between € 88m and € 92m and operating earnings (EBIT) between €4m and €5m on group level for the 2023 fiscal year.

 

Further information on the company and its shares can be found on the company's website at http://kaufhaus.ludwigbeck.de.

 

Key Performance Indicators

 

in €m	2022	2021
Revenues (gross)	83.8	66.0
Revenues (net)	70.4	55.4
Earnings before interest, taxes, depreciation, and amortization (EBITDA)	11.3	13.0
Earnings before interest and taxes (EBIT)	4.9	6.6
Earnings before taxes (EBT)	2.8	4.3
Earnings after taxes (EAT)	2.2	3.6
Equity	65.3	63.0
Equity Ratio in %	38.8	37.4
Investments in long-term assets	2.4	3.0
Number of employees (average) without trainees	389	373
Earnings per share (in €)	0.60	0.98