Hugo Boss enjoys record sales in 2012
The company said post-tax profits rose 8% to €285 million following strong performances from its retail and wholesale divisions as well as in all of its regions worldwide.
EBITDA before special items increased by 13% to €529 million. Group sales grew 10% to reach £2.35 billion.
Hugo Boss said that the double-digit growth in sales and earnings meant that 2012 was the most successful year in the company’s history.
Claus-Dietrich Lahrs, CEO, commented: "The positive business performance in 2012 has brought us a good step closer to achieving our medium-term targets. Despite the still challenging market environment, I am confident that we will continue to post stronger growth than the overall market in 2013."
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