PRESS RELEASES 2016

GERRY WEBER closes difficult first quarter 2015/16

• Sales revenues up 11.1% to EUR 213.7 million on prior year period
• HALLHUBER contributes EUR 50.5 million to Group sales revenues in Q1 2015/16

• Earnings situation of the GERRY WEBER Group deteriorates also because of extraordinary expenses

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GERRY WEBER starts realignment programme

• Group sales revenues climbed to EUR 920.8 million in 2014/15; earnings before interest and taxes (EBIT) down to EUR 79.3 million
• Proposal to pay a dividend of EUR 0.40 per share
• Realignment programme consists of four elements: (1) Optimise the Retail operations; (2) Adjust structures and processes; (3) Strengthen the Wholesale operations; (4) Modernise the brands
• Programme aims to improve revenues, efficiency and costs as well as gross profit; return to profitable growth in 18 to 24 months 
• Extraordinary one-time expenses will have a strong adverse impact on earnings before interest and taxes (EBIT) in 2015/2016 

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No. 1: GERRY WEBER wins German Online Commerce Award 2016

Last night, GERRY WEBER was presented with the German Online Commerce Award on the occasion of the Online Commerce Congress in Düsseldorf. The GERRY WEBER online shop (www.house-of-gerryweber.de) made first place in the Fashion & Accessories category ahead of Ernsting’s Family as well as s.Oliver and Hugo Boss, which were jointly ranked third.

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GERRY WEBER announces realignment exercise following difficult financial year 2014/15

• Group sales revenues climb approximately 8.1% to EUR 920 million in 2014/15
• GERRY WEBER generates earnings before interest and taxes (EBIT) of EUR 79 million and EBIT margin of approximately 8.6%
• HALLHUBER makes positive contribution to Group result
• Programme to realign the company has been launched

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