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BoConcept Holding A/S Comments on FY 2012/2013 Financial Guidance; Specifies FY 2012/2013 New Store Openings; Specifies FY 2012/2013 Same Store Sales


Friday, 8 Mar 2013 02:00am EST 

BoConcept Holding A/S announced that launching a collection and making a determined marketing push on several fronts allows the Company to project a moderate increase in revenue. The Company expects fiscal year 2012/2013 revenue growth of approximately 2%. It also expects fiscal year 2012/2013 same-store-sales (order intake) of approximately 3%. Previously, the Company expected fiscal year 2012/2013 same-store-sales in a range of between 3% and 5%. The Company also announced that fiscal year 2012/2013 new store openings are expected to be at the bottom of the guidance range of between 25 and 30, whereas the number of closures is expected to increase, corresponding to a net reduction of approximately five stores. The Company expects fiscal year 2012/2013 EBIT% on par with fiscal year 2011/2012. The Company reported fiscal year 2011/2012 revenue of DKK 1,022.17 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of DKK 1,017.20 million. 

Company Quote

110.0
2.5 +2.33%
4:01am EDT