Ludwig Beck-Textilhaus Feldmeier: Stellar Sales Growth in Fiscal Year 2023

• LUDWIG BECK experienced a 20% increase in sales in the 2023 fiscal year compared to the previous year, despite challenges such as the war in Ukraine and subdued consumer sentiment
• Gross sales for LUDWIG BECK in 2023 were €86.5m, with the "textile" segment contributing €63.7m and the "non-textile" segment contributing €22.8m
• Gross profit increased to €35.3m, with a gross profit margin of 48.5%
• Other income was €4.7m, higher than the previous year's figure of €3.8m
• Earnings before taxes (EBT) amounted to €0.6m, with net income of €1.0m
• LUDWIG BECK plans further investments in the flagship store at Marienplatz in 2024, expecting gross sales between €90m and €93m and earnings before taxes (EBT) of between €0.5m and €1.8m for the 2024 fiscal year.

The next important date, Publication of Annual Financial Statements 2023, at Ludwig Beck am Rathauseck - Textilhaus Feldmeier is on 21.03.2024.

The price of Ludwig Beck am Rathauseck - Textilhaus Feldmeier at the time of the news was 20,500EUR and was down -5,53 % compared with the previous day.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier

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ISIN:DE0005199905WKN:519990

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