Consolidated loss reduced in first half of 2021
Consolidated loss reduced in first half of 2021
Hamburg, Germany, 17 August 2021 - In the first half of 2021 the development of the Bijou Brigitte Group's sales and profit was still significantly affected by the effects of the coronavirus pandemic. According to preliminary figures, Bijou Brigitte achieved revenue of EUR 63.4 million in the first six months of the 2021 financial year (previous year: EUR 82.8 million; -23.4%). Despite the decline in revenue of EUR 19.4 million compared to the same period of the previous year, the Group recorded a loss of EUR 27.2 million before income taxes in the first half of 2021 thanks to massive cost savings (previous year: loss of EUR 30.3 million). The preliminary net result after taxes was EUR -20.7 million, compared to EUR -25.1 million in the first half of 2020.
As of 30 June 2021, the store network comprised 954 concessions (31 December 2020: 990).
The Group will publish its half-year financial report in September 2021.
If you have any queries, please contact:
Evelyn Elsholz
Investor Relations/Business Press
Tel.: +49 (0) 40 606 09 3250
Email: ir@bijou-brigitte.com
wirtschaftspresse@bijou-brigitte.com
Details Category: Ad hoc notices of the Bijou Brigitte Group Published: 19 August 2021
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Bijou Brigitte AG published this content on 19 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2021 12:33:15 UTC.