Hamburg, 21 March 2012 – In fiscal year 2011 Bijou Brigitte Group generated pre-tax earnings in the amount of EUR 75.1 million following EUR 84.7 million in the prior year. The group earnings after tax totalled EUR 49.8 million - following EUR 58.3 million in the prior year - and was thus slightly higher than expected.

With EUR 374.7 million, sales revenues in the 2011 fiscal year lay only slightly below the EUR 377.9 million of the prior year. The decline in sales in Spain and Portugal led to this development.

The number of shop locations increased by eight to meanwhile 1,175 in 22 countries.

The management board and supervisory board propose a dividend distribution in the amount of EUR 5.50 per common share for the 2011 fiscal year. This corresponds to a dividend return of some 7.5  % based on the annual closing share price for 2011. The dividend proposal will be submitted to the annual general meeting on 5 July 2012, subject to verification of the group result by the company’s auditors.

The first quarter of 2012 had a weaker start due to the overall economic conditions in Europe. Moreover the initial impact of the budget consolidation measures adopted by the new Italian government since the new year has become noticeable in Italy.

The consolidated financial statements of Bijou Brigitte modische Accessoire AG for the 2011 fiscal year will probably be published at the end of April.

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