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Group earnings in 2023 and sales and earnings forecast for the 2024 financial year

Hamburg, 24 April 2024 – With Group sales of EUR 327.9 million, Group earnings before taxes generated in the 2023 financial year amounted to EUR 36.0 million. Net profit after taxes amounted to EUR 24.1 million. The current 2024 financial year started positively with sales of EUR 67.6 million in the first quarter.

Based on the assumption that there will be no further major economic or political upheavals over the course of the year, that the general rise in prices will continue to slacken off and that there will be no downturn in consumer confidence, the Bijou Brigitte Group could achieve revenue between EUR 330.0 million and EUR 350.0 million in the 2024 financial year (2023 financial year: EUR 327.9 million).

Group earnings before income taxes could be between EUR 32.0 million and EUR 42.0 million (2023 financial year: EUR 36.0 million). For inventories, an amount of between EUR 75.0 million and EUR 85.0 million is forecast for the reporting date of 31 December 2024 (31 December 2023: EUR 80.4 million). Assuming that current and non-current liabilities are above the previous year’s level and that no further treasury shares are repurchased, the Group expects an equity ratio of between 58.0% and 62.0% (2023: 58.8%) for 2024. Capital expenditure in the 2024 financial year could be between EUR 12.0 million and EUR 18.0 million (2023: EUR 13.1 million).

The company expects the number of stores in the Bijou Brigitte Group at the close of 2024 to be higher than in the previous year (31 December 2023: 897 stores).

The consolidated and annual financial statements of Bijou Brigitte modische Accessoires AG for the 2023 financial year will be published on 29 April 2024. The Annual General Meeting is planned for 27 June 2024 and will be held as a physical meeting.

If you have any queries, please contact:

Evelyn Elsholz
Investor Relations/Business Press
Tel.: +49 40 60609-3250
E-Mail: ir@bijou-brigitte.com
wirtschaftspresse@bijou-brigitte.com