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Latest news

Beate Uhse AG – interim report for the second quarter of 2015

Beate Uhse Group recorded a decrease in sales and an unexpected negative result in the third quarter of 2015. This was the result of disappointing operational business developments, in addition to one-off effects.

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Ad-hoc announcement pursuant to Section 15 of the German Securities Trading Act (WpHG) – Profit warning

The forecast for 2015 will not be realised

As part of the preparations for the interim financial statements for the third quarter of 2015, it became clear today that the projected sales and profit figures for the 2015 financial year in all likelihood can no longer be achieved.

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Beate Uhse Aktiengesellschaft publishes six-month report

  • Sales increase of 1.6% in continuing operations; Group sales drop to EUR 65.5 million (6M 2014: EUR 70.0 million) due to strategic discontinuation of business activities abroad
  • Branch concept reinforced: Retail’s existing branches grow by 5.3%
  • Expansion of sales divisions requires more time and effort
  • Group closes first six months of the year with EBIT of EUR -2.7 million; results under significant pressure from exchange rate effects
  • Management Board implements cost-saving measures
  • Rental agreement signed for city store in Berlin

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Beate Uhse AG – interim report for the first quarter of 2015

  • Group achieves sales growth of 3.8% after adjustment
  • e-Commerce sees a double-digit percentage increase in the core market of Germany
  • Group sales fall to EUR 36.2 million due to one-off effects (Q1 2014: EUR 38.0 million)
  • EBIT falls to EUR -1.1 million in the first quarter (Q1 2014: EUR 1.1 million)
    • Exchange rate trends hit earnings hard

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