Despite the ongoing crisis in the German retail trade, GERRY WEBER International AG further widened its lead over its competitors by posting new record sales and earnings for the first nine months of 2007/2008. With Group sales and EBIT up 12.8 percent and 26.4 percent, respectively, the GERRY WEBER Group once again demonstrated its strong business trend in a continuing weak environment and set itself apart from the industry. “The crisis highlights the wisdom of our past restructuring programmes which are now bearing fruit. We have optimised our procurement and production structures, introduced an efficient logistics system and created a flexible distribution system. We can now respond swiftly to changes in all areas and act on all opportunities presenting themselves in the marketplace”, said CEO Gerhard Weber explaining his company’s unbroken pace of growth. He added: “The key to our success lies in the fact that we increasingly assume responsibilities at the point of sale.” Incoming orders for the first and second spring/summer collection 2009 also grew at a brisk pace and were up by 14.0 percent following another expansion of international market shares particularly in eastern Europe as well as in the Middle and Far East. The GERRY WEBER Group’s export share has meanwhile risen to some 50 percent and the excellent order book underpins the Group’s forecast which envisages another record sales figure for the year 2008/2009.
» More     » PDF
 
GERRY WEBER International AG continued its impressive performance in the first half of 2007/2008, marking new records in sales and earnings. The fashion and lifestyle company generated sales of EUR 268.5 million in the first half of 2007/2008, which represented an increase of 13.4 percent on the previous year’s EUR 236.7 million. All earnings figures increased at a disproportionate rate. “We once more accelerated our fast pace of growth and boosted our sales and earnings growth rates as compared to the previous year”, said CEO Gerhard Weber. “This performance once again demonstrated our excellent business trend.” The 13.5 percent rise in incoming orders for the three collections of the autumn/winter season 2008/2009 suggests that a new sales record will be reached also for the year as a whole.
» More     » PDF
 
All items on the agenda of today’s Annual General Meeting of GERRY WEBER International AG were approved by a vast majority of shareholders. This way, the shareholders once again expressed their support of the company’s policy and their great confidence in the management team.
» More     » PDF
 
GERRY WEBER International AG had a brilliant start to the current financial year and finished the first quarter of 2007/2008 with new record figures in both sales and earnings. Coming in at EUR 121.7 million, Group sales were up 14.4 percent on the previous year’s EUR 106.4 million. All earnings ratios increased at a disproportionate rate. “These results demonstrate that we continue to outdistance our competitors. Very few players in our industry have been able to match our growth momentum since we have taken full control of the value chain from design development to retail sales through our HOUSES OF GERRY WEBER”, commented Managing Board Chairman Gerhard Weber. Incoming orders for the first and second collection of the autumn/winter 2008 season were up 13.0 percent on the previous year's level, suggesting that record sales will be reported also for the full financial year.
» More     » PDF
 
In fiscal 2006/2007, GERRY WEBER International AG generated the highest sales and earnings in the history of the company. Sales rose to the record level of EUR 507.1 million which was up 14.5 percent on the previous year (EUR 442.8 million). A clear increment in incoming orders has also given the GERRY WEBER Group a headstart into the current financial year. Pre-orders for the Spring/Summer Collection 2008 improved 14.7 percent on the same season of the prior year. “Our fast pace of growth vindicates our decision to raise our retail profile, which has enabled us to clearly improve on independent retailers’ sell-through rates”, commented Gerhard Weber, Chairman of the Managing Board.
» More     » PDF
 
Reporting new record numbers for the fiscal year 2006/2007, GERRY WEBER International AG has exceeded its sales and earnings targets and impressively continued the dynamic growth seen in recent years. Preliminary figures show sales at approximately EUR 505.0 million which is 14.0 percent up on the previous year's EUR 442.8 million and even clearly ahead of the targeted EUR 500.0 million. Earnings before interest and taxes (EBIT) rose even faster by 25.9 percent to EUR 51.6 million (previous year 41.0 million). The EBIT margin improved by just under one percentage point from the previous year's 9.3 percent to 10.2 percent in the financial year 2006/2007. Managing Board Chairman Gerhard Weber said: "These record numbers mean that we have opened a new chapter in our company's history. For the first time ever we have pushed past the magical mark of half a billion euros in sales, with our EBIT margin moving into double digit territory at the same time. This proves the wisdom of the expansion strategy we have pursued in recent years and we will continue to go all out for growth in the future as well!"
» More     » PDF