Hugo Boss announces that its sales reached 1177 ME in the 4th quarter, up 10% on the same period a year earlier (and +13% at constant exchange rates).

At the same time, EBIT for the 4th quarter rose by 17% to 121 ME.

For the full year, sales amounted to 4197 ME, up 15% (+18% at constant exchange rates), with EBIT of 410 ME, up 22%.

Hugo Boss CEO Daniel Grieder welcomed these results, particularly in view of the current difficult global market environment.

We have laid a solid foundation for continuing our trajectory of market share conquest and further progress towards becoming one of the world's top 100 brands", he said.

As a reminder, by 2025, Hugo Boss aims to generate sales of 5 billion euros and EBIT of at least 600 million euros, i.e. an EBIT margin of at least 12%.

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