Corporate | 28 December 2005 07:01
Ludwig Beck AG: Christmas sales 2005 exceed expectations
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Munich, 28 th of December 2005 – Ludwig Beck AG is pleased to report that for
the critical Christmas sales weeks (1.12.-24.12.) both turnover and profit
levels exceeded our forecast. Overall we achieved an increase in turnover of
4,8 % on a like-for-like square meter basis over last years Christmas period.
By and large our customers tended to chose higher value products when shopping
for gifts. Insofar as the momentum from our Christmas period can be
maintained, we expect to experience strong sales in the week between Christmas
and New Year, bringing this trading year to a satisfactory close with
respectable sales volumes and margins.
We will report our annual turnover figures on the 4th of January 2006.
Contact:
Martin Gehrke (Investor Relations) Tel. (089)23691-788
End of announcement (c)DGAP 28.12.2005
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WKN: 519990; ISIN: DE0005199905; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg und Stuttgart