Hamburg, Germany, 18 March 2020 – The Hamburg-based Bijou Brigitte Group generated earnings before income taxes of EUR 37.4 million in the 2019 financial year (previous year: EUR 31.7 million). Earnings therefore exceeded the range of between EUR 25 million and EUR 32 million forecast in October, as was to be expected. Net profit after taxes amounted to EUR 25.4 million in 2019, compared with EUR 21.5 million in the previous year. 
 
The Bijou Brigitte Group registered an 8.5% year-on-year increase in sales in the period from January to February 2020. The measures taken by governments to counteract the spread of the coronavirus mean that Bijou Brigitte’s sales are currently down by more than 90% as against the same period of the previous year while the company still has to cover a substantial portion of its costs, primarily for rent and staff. Profits are expected to fall as a result.
 
Bijou Brigitte modische Accessoires AG is ending the ongoing share buy-back programme with effect from the end of today in order to preserve the company’s liquidity.
 
The consolidated and annual financial statements of Bijou Brigitte modische Accessoires AG for the 2019 financial year will be published in April 2020.


If you have any queries, please contact:

Hannah Höchst, Investor Relations / Business Press
Tel.: +49 (0)40 606 093 250
Fax: +49 (0)40 602 64 09
Email: ir@bijou-brigitte.com
wirtschaftspresse@bijou-brigitte.com

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