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Ludwig Beck am Rathauseck Textilhaus Feldmeier AG (ECKG.F)

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21 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Ludwig Beck H1 EBIT loss at EUR 1.6 mln
Tuesday, 25 Jul 2017 02:00am EDT 

July 25 (Reuters) - LUDWIG BECK ::H1 GROSS SALES IN AMOUNT OF EUR 77.1M (JUNE 30, 2016: EUR 79.5M).H1 ‍GROSS PROFIT AMOUNTED TO EUR 30.7M (JUNE 30, 2016: EUR 31.2M)​.‍REAFFIRMS ITS FORECAST FOR YEAR 2017​.‍ALL IN ALL, H1 EBIT COULD BE MAINTAINED AT EUR -1.6M (JUNE 30, 2016: EUR -1.6M) DESPITE DECLINE IN SALES​.  Full Article

Ludwig Beck Q1 gross sales down at EUR 36.6 million
Tuesday, 25 Apr 2017 02:00am EDT 

April 25 (Reuters) - Ludwig Beck ::Generated gross sales in amount of EUR 36.6 million ($39.77 million) in Q1 of 2017 (previous year: EUR 37.3 million).Q1 gross profit amounted to EUR 13.7 million (previous year: EUR 14.3 million).Accordingly, Q1 gross profit margin was 44.6% (previous year: 45.5%).Q1 earnings before interest and taxes (EBIT) of EUR -2.4 million remained at last year's level of EUR -2.4 million.Q1 earnings before taxes (EBT) came to EUR -2.7m like in same quarter of previous year.In 2017 and expects sales of goods at group level to reach between EUR 170 and EUR 180 million and earnings before interest and taxes (EBIT) to range between EUR 4 million and EUR 6 million.  Full Article

Ludwig Beck FY generates gross sales of 177.1 million euros
Tuesday, 28 Mar 2017 08:09am EDT 

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG : FY generated gross sales in amount of 177.1 million euros ($192.28 million) versus 158.6 million euros a year ago . FY ebit reached 6.3 million euros versus 18.3 million euros . FY earnings before taxes (ebt) amounted to 5.2 million euros versus 17.3 million euros a year ago . FY consolidated net income amounted to 2.9 million euros versus 15.2 million euros a year ago . Dividend in amount of 0.65 euros per participating no-par share versus 0.75 euro per share a year ago .Expects sales on group level to reach between 170 million euros and 180 million euros and earnings before interest and taxes (ebit) to settle between 4 million euros and 6 million euros in 2017.  Full Article

Ludwig Beck surpasses 2016 earnings forecast
Thursday, 2 Feb 2017 07:45am EST 

Ludwig Beck : Surpasses 2016 earnings forecast . For weather-related reasons consumer reticence observed in Q3 of 2016 diminished in Q4 and christmas sales also surpassed expectations .Based on provisional figures of Dec. 31, management board now assumes that group-level EBIT will be more than 6 million euros ($6.48 million).  Full Article

Ludwig Beck posts FY gross sales in aggregate amount of 177.1 mln euros
Monday, 9 Jan 2017 02:01am EST 

Ludwig Beck : In FY 2016 generated gross sales in aggregate amount of 177.1 million euros ($186.50 million) .Sales in previous year had amounted to 158.6 million euros; Increase in 2016 was due to fact that WORMLAND segment newly acquired in May 2015 contributed to group sales on a full-year basis for first time in 2016.  Full Article

Ludwig Beck lowers FY outlook after prelim Q3
Monday, 3 Oct 2016 02:41am EDT 

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG : Said on Saturday is expecting lower sales and lower earnings for 2016 as a whole . On the basis of preliminary figures as of Sept 30, 2016, sales declined in Q3 of 2016 by about 12 percent in comparison to Q3 of 2015 . Now assumes FY group sales to be about 174 million euros ($195.45 million) (previous forecast: 180-190 million euros) with EBIT in the range of 4 million to 5 million euros (previous forecast: 8-9 million euros) .Executive Board also no longer deems the forecast for 2016 for the AG to be realistic.  Full Article

Ludwig Beck H1 gross sales up at 79.5 million euros
Tuesday, 26 Jul 2016 02:00am EDT 

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG : H1 gross sales in amount of 79.5 million euros ($87.56 million) (previous year: 56.8 million euros) . H1 EBIT amounted to -1.6 million euros (previous year: 11.3 million euros) .Expects sales of goods at group level to reach between 180 million and 190 million euros and earnings before interest and taxes (EBIT) to amount to 8 million to 9 million euros.  Full Article

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG confirms FY 2016 outlook
Tuesday, 26 Apr 2016 02:00am EDT 

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG:Still stays with its sales target for 2016, to generate trade sales of 180 million euros to 190 million euros and EBIT of 8 million euros to 9 million euros.  Full Article

Ludwig Beck am Rathauseck Textilhaus Feldmeier gives mixed FY 2016 guidance, proposes dividend
Tuesday, 22 Mar 2016 09:21am EDT 

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG:Will propose a dividend payment amounting to 0.75 euros per no-par share entitled to profit.Expects 2016 sales at group level to be at 180 million euros to 190 million euros and earnings before interest and taxes (EBIT) at 8 million to 9 million euros.FY 2016 sales estimate 168.90 million euros - Thomson Reuters I/B/E/S.FY 2016 EBIT estimate 9.33 million euros - Thomson Reuters I/B/E/S.  Full Article

Ludwig Beck am Rathauseck Textilhaus Feldmeier confirms FY 2015 sales and EBIT guidance
Tuesday, 20 Oct 2015 02:00am EDT 

Ludwig Beck am Rathauseck Textilhaus Feldmeier AG:Expects Q4 to yield additional impulses for a positive business development.Confirms its half-year forecast and expects annual sales to reach 158 million euros - 163 million euros in FY 2015.FY 2015 EBIT is expected to rise to 17 million euros - 19 million euros on account of acquisition of Wormland.FY 2015 EBIT estimate 17.97 million euros - Thomson Reuters I/B/E/S.  Full Article