Ludwig Beck reports Q3 FY20 gross sales of €41 mn

Fashion

Ludwig Beck reports Q3 FY20 gross sales of €41 mn

23 Oct `20

1 min read

The Munich Fashion Group Ludwig Beck has generated gross sales of €41.0 million in its third quarter (Q3) FY20 ended on September 30, compared to gross sales of €63.7 million in the first nine months of last fiscal. Group’s earnings before interest, taxes, depreciation (EBITDA) reported a loss of €0.4 million compared to earnings of €5.7 million in Q3 FY19.

The Munich Fashion Group Ludwig Beck has generated gross sales of €41.0 million in its third quarter (Q3) FY20 ended on September 30, compared to gross sales of €63.7 million in the first nine months of last fiscal. Group`s earnings before interest, taxes, depreciation (EBITDA) reported a loss of €0.4 million compared to earnings of €5.7 million in Q3 FY19.#

Gross profit for the period dropped to €14.8 million (Q3 FY19: €25.4). However, group’s loss after tax improved to €4.4 million (€17.2 million).

     Favourite      Print this story  Comments  Submit Press Release