DGAP-News

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK still on growth track in 2014 despite negative branch trend - Executive and supervisory board proposes to increase the dividend by 50% to EUR 0.75 (previous year: EUR 0.50) - Seite 2

A key component in 2014 was the investment amount of EUR 6.5m (previous
year: EUR 3.2m). The major part of the investment total was channeled into
the expansion and remodeling of the Men's Fashion department on the lower
ground floor - one of the most extensive construction projects ever
realized in the company's recent history.

Equity rose from EUR 64.4m to EUR 67.2m in the 2014 fiscal year. Major
influential factors were the positive 2014 result and the dividend payout
for 2013 resolved by the Annual General Meeting on May 8, 2014. The equity
ratio came to 60.5% (previous year: 60.6%).

Dividend payment

The Executive Board and the Supervisory Board will propose to the Annual
General Meeting on May 13, 2015 to distribute a dividend of EUR 0.75 per
no-par share entitled to profit. Last year's dividend was EUR 0.50 per
share. This is a way for the Group to assure shareholders that it will use
its best efforts to reinforce and stabilize the value of the LUDWIG BECK
share as an attractive investment and to let investors benefit from the
achieved yields level.

Outlook

Leading economic researchers expect the German economy to continue on its
growth trajectory in 2015 with the consumer climate remaining on a high
level and the purchasing power of consumers enhanced as a result of higher
net income and the low oil price.

While the management of LUDWIG BECK backs up these favorable economic
forecasts, it nevertheless expects the crises of the year 2014 to further
weigh heavily on the progress of the German textile retail sector. However,
the positive economic prospects for Germany together with the expected
stable consumer spending will form a sound and sustainable basis for a
healthy business development.

Confident of this, the Executive Board anticipates an increase in
consolidated sales between 2% and 4%, and earnings before interest and
taxes (EBIT) of approximately EUR 10m in the fiscal year 2015.

For more information about the company and its stock please visit the
company website at www.ludwigbeck.de/english.

Key figures of the Group

in EURm                                                      2014     2013
Gross sales                                                 102.7    102.1
Net sales                                                    86.3     85.8
Earnings before interest, taxes and depreciation (EBITDA)    13.4     15.1
Earnings before interest and taxes (EBIT)                    10.6     12.3
Earnings before taxes (EBT)                                   9.5     10.8