Bijou Brigitte modische Accessoires Aktiengesellschaft reported consolidated earnings results for the full year ended December 31, 2013. For the year, the company's sales were EUR 356.3 million, only slightly below the previous year's figures of EUR 360.8 million, despite the reduced number of stores in comparison to the previous year. Group earnings before income taxes stood at EUR 43.8 million in the 2013 fiscal year against EUR 58.3 million a year ago. The main factors in the movement in earnings ­ apart from the development in sales described above ­ were increased cost of materials and higher other operating expenses. After taxes, consolidated net profit came to EUR 28.1 million, as compared to EUR 39.2 million in the 2012 financial year. Earnings per share declined from EUR 4.98 to EUR 3.56.

For the first quarter, the company's sales declined to EUR 69.3 million, as compared to EUR 73.3 million in the previous year. Apart from the continuing difficult economic situation in southern Europe, a further significant factor in the development of the business was the calendar effect, namely that the Easter business period fell in April this year, i.e. in the second quarter.

For the financial year 2014, the company expects sales of between EUR 340 and EUR 350 million and group earnings before income taxes of between EUR 30 and EUR 40 million.