Hugo Boss: sales up 10% in Q4
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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