Hugo Boss: EPS up 9% in Q1
At the same time, the fashion group posted EBIT of 69 ME (up 6%), while net profit attributable to the Group stood at 38 ME (+9%), giving EPS of 0.55 euro (+9%).
Hugo Boss confirms its forecasts for 2024, with sales expected to rise by 3% to 6% (or between E4.3 and E4.45 billion), EBIT up by 5% to 15% (or between E430 and E475 million), and net profit also up by 5% to 15%.
"I am pleased that we recorded further improvements in sales and earnings in the first quarter of 2024," commented Daniel Grieder, Chairman and CEO of HUGO BOSS.
"In a volatile market environment, we remain focused on the rigorous execution of our 'CLAIM 5' strategy, capitalizing on our many growth opportunities," he added.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction