Cash flow Hugo Boss AG

Equities

BOSS

DE000A1PHFF7

Apparel & Accessories

Market Closed - Xetra Other stock markets 11:35:12 2024-09-19 am EDT			After market 03:59:57 pm
38.30 ^EUR	+4.56%		38.23	-0.18%

Aug. 23	Hugo Boss shareholder Frasers files request to buy more shares	RE
Aug. 21	Schulze agrees contact point for textile suppliers in Pakistan	DP

41b.QrRjiREJqPXZEJ0ZhiAzB55J2nE57yP6rENx_ABMozw.IfcG2F4k4JKYI_h8yUtwRtwTtiVwjW-43CslykoO4HQb7iH5UHmQqo1G0A

Published financial data: HUGO BOSS AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.88B	1.95B	2.79B	3.65B	4.2B
Total Revenues	2.88B	1.95B	2.79B	3.65B	4.2B
Cost of Goods Sold, Total	1.01B	759M	1.07B	1.4B	1.62B
Gross Profit	1.88B	1.19B	1.72B	2.26B	2.58B
Selling General & Admin Expenses, Total	1.51B	1.31B	1.48B	1.9B	2.17B
Other Operating Expenses	6.69M	6.9M	7.16M	8.47M	8M
Other Operating Expenses, Total	1.52B	1.31B	1.49B	1.91B	2.17B
Operating Income	355M	-126M	230M	349M	407M
Interest Expense, Total	-33.07M	-28.45M	-22.56M	-26.08M	-45.84M
Interest And Investment Income	1.61M	2.28M	1.87M	2.2M	978K
Net Interest Expenses	-31.46M	-26.17M	-20.69M	-23.88M	-44.86M
Currency Exchange Gains (Loss)	3.2M	-16.11M	-1.27M	-8.14M	-3.57M
Other Non Operating Income (Expenses)	-10.64M	4.66M	-9.16M	-18.1M	-5.02M
EBT, Excl. Unusual Items	316M	-163M	198M	299M	353M
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-4.48M	-3.79M	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-10.35M	-106M	-28.15M	-17.5M	3.76M
Other Unusual Items	-	-	30.32M	3.99M	-
EBT, Incl. Unusual Items	306M	-273M	197M	285M	357M
Income Tax Expense	100M	-54.05M	52.75M	63.44M	87.1M
Earnings From Continuing Operations	205M	-219M	144M	222M	270M
Net Income to Company	205M	-219M	144M	222M	270M
Minority Interest	-130K	-412K	-6.79M	-12.36M	-11.42M
Net Income - (IS)	205M	-220M	137M	209M	258M
Net Income to Common Incl Extra Items	205M	-220M	137M	209M	258M
Net Income to Common Excl. Extra Items	205M	-220M	137M	209M	258M
Per Share Items
Net EPS - Basic	2.97	-3.18	1.99	3.04	3.74
Basic EPS - Continuing Operations	2.97	-3.18	1.99	3.04	3.74
Basic Weighted Average Shares Outstanding	69.02M	69.02M	69.02M	69.02M	69.02M
Net EPS - Diluted	2.97	-3.18	1.99	3.04	3.74
Diluted EPS - Continuing Operations	2.97	-3.18	1.99	3.04	3.74
Diluted Weighted Average Shares Outstanding	69.02M	69.02M	69.02M	69.02M	69.02M
Normalized Basic EPS	2.86	-1.48	1.7	2.53	3.03
Normalized Diluted EPS	2.86	-1.48	1.7	2.53	3.03
Dividend Per Share	0.04	0.04	0.7	1	1.35
Payout Ratio	90.85	-1.26	2.01	23.06	26.71
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	458M	-23M	310M	438M	513M
EBITA	356M	-126M	230M	349M	407M
EBIT	355M	-126M	230M	349M	407M
EBITDAR	613M	92.92M	480M	645M	759M
Effective Tax Rate - (Ratio)	32.84	19.78	26.79	22.24	24.4
Total Current Taxes	105M	21.33M	42.31M	61.15M	60.22M
Total Deferred Taxes	-4.81M	-75.38M	10.44M	2.29M	26.87M
Normalized Net Income	197M	-102M	117M	174M	209M
Interest on Long-Term Debt	22.22M	20.62M	17.46M	17.97M	29.86M
Non-Cash Pension Expense	1.37M	39K	4.28M	-531K	-529K
Supplemental Operating Expense Items
Marketing Expenses	184M	162M	209M	288M	328M
Selling and Marketing Expenses	1.22B	1.03B	1.18B	1.34B	1.55B
General and Administrative Expenses	292M	281M	299M	381M	422M
Research And Development Expense From Footnotes	65.24M	58.33M	57.26M	80.68M	89.28M
Net Rental Expense, Total	155M	116M	170M	208M	246M
Imputed Operating Lease Interest Expense	60.54M	22.38M	28.38M	42.91M	79.5M
Imputed Operating Lease Depreciation	94.04M	93.54M	142M	165M	166M
Stock-Based Comp., Other (Total)	3.5M	-4.29M	16.98M	1.18M	2.53M
Total Stock-Based Compensation	3.5M	-4.29M	16.98M	1.18M	2.53M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	133M	125M	285M	147M	118M
Total Cash And Short Term Investments	133M	125M	285M	147M	118M
Accounts Receivable, Total	216M	172M	235M	256M	376M
Other Receivables	51.46M	31.34M	32.39M	67.61M	56.44M
Total Receivables	268M	203M	267M	324M	432M
Inventory	627M	618M	606M	974M	1.07B
Other Current Assets, Total	137M	108M	121M	147M	175M
Total Current Assets	1.16B	1.05B	1.28B	1.59B	1.79B
Gross Property Plant And Equipment	2.42B	2.01B	2.02B	2.13B	2.28B
Accumulated Depreciation	-1.03B	-856M	-902M	-955M	-958M
Net Property Plant And Equipment	1.39B	1.15B	1.11B	1.18B	1.33B
Long-term Investments	-	-	-	4.43M	4.43M
Goodwill	56.85M	55.63M	55.96M	56.57M	54.75M
Other Intangibles, Total	141M	115M	108M	120M	141M
Deferred Tax Assets Long-Term	97.92M	171M	160M	151M	130M
Other Long-Term Assets, Total	23.64M	22.1M	20.7M	23.75M	24.26M
Total Assets	2.88B	2.57B	2.74B	3.13B	3.47B
Liabilities
Accounts Payable, Total	315M	270M	402M	518M	465M
Accrued Expenses, Total	137M	113M	147M	191M	185M
Short-term Borrowings	-	28.94M	62.86M	99.1M	107M
Current Portion of Long-Term Debt	112M	84.58M	32.02M	32.81M	23.72M
Current Portion of Leases	168M	213M	193M	199M	169M
Current Income Taxes Payable	65.68M	41.52M	28.36M	20.41M	7.21M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	85.15M	108M	112M	133M	134M
Total Current Liabilities	882M	860M	978M	1.19B	1.09B
Long-Term Debt	106M	196M	103M	88.89M	316M
Long-Term Leases	789M	649M	601M	605M	624M
Pension & Other Post Retirement Benefits	50.98M	54.34M	46.32M	27.74M	33.14M
Deferred Tax Liability Non Current	11.26M	12.54M	10.64M	10.34M	18.97M
Other Non Current Liabilities	36.33M	38.49M	56.43M	65.86M	77.97M
Total Liabilities	1.88B	1.81B	1.8B	1.99B	2.16B
Common Stock, Total	70.4M	70.4M	70.4M	70.4M	70.4M
Additional Paid In Capital	399K	399K	399K	-	-
Retained Earnings	933M	706M	850M	1.02B	1.2B
Treasury Stock	-42.36M	-42.36M	-42.36M	-42.36M	-42.36M
Comprehensive Income and Other	40.37M	18.98M	47.35M	66.4M	63.86M
Total Common Equity	1B	754M	925M	1.12B	1.29B
Minority Interest	41K	6.13M	14.31M	18.85M	18.11M
Total Equity	1B	760M	940M	1.14B	1.31B
Total Liabilities And Equity	2.88B	2.57B	2.74B	3.13B	3.47B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	69.02M	69.02M	69.02M	69.02M	69.02M
ECS Total Common Shares Outstanding	69.02M	69.02M	69.02M	69.02M	69.02M
Book Value / Share	14.51	10.92	13.41	16.18	18.73
Tangible Book Value	804M	584M	762M	940M	1.1B
Tangible Book Value Per Share	11.65	8.46	11.04	13.62	15.89
Total Debt	1.18B	1.17B	993M	1.03B	1.24B
Net Debt	1.04B	1.05B	708M	878M	1.12B
Debt Equivalent of Unfunded Proj. Benefit Obligation	54.38M	54.34M	46.32M	27.74M	33.14M
Debt Equivalent Oper. Leases	1.24B	927M	1.36B	1.66B	1.96B
Minority Interest, Total (Incl. Fin. Div)	41K	6.13M	14.31M	18.85M	18.11M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	42.93M	32M	35.47M	70.41M	62.9M
Inventories - Work In Process, Total	6.12M	5.23M	6.31M	9.66M	9.37M
Inventories - Finished Goods, Total	577M	581M	564M	893M	994M
Land - (BS)	282M	259M	294M	299M	315M
Machinery, Total	1.03B	995M	1.01B	1.1B	1.19B
Full Time Employees	14.63K	13.76K	14.04K	16.93K	18.74K
Accumulated Allowance for Doubtful Accounts (Supple)	9.6M	17.8M	15.76M	16.23M	17.6M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	205M	-220M	137M	209M	258M
Depreciation & Amortization - CF	331M	331M	283M	302M	316M
Amortization of Goodwill and Intangible Assets - (CF)	1.45M	-	-	-	-
Depreciation & Amortization, Total	332M	331M	283M	302M	316M
Amortization of Deferred Charges, Total - (CF)	20.13M	23.85M	23.94M	25.91M	29.01M
(Gain) Loss From Sale Of Asset	-1.19M	-1.65M	-7.68M	-6.17M	5.22M
Asset Writedown & Restructuring Costs	10.12M	110M	31.95M	17.5M	-3.76M
Other Operating Activities, Total	52.44M	-39.44M	37.28M	45.36M	90.58M
Change In Accounts Receivable	8.67M	64.98M	-73.56M	-83.51M	-123M
Change In Inventories	3.51M	-5.41M	35.27M	-361M	-99.59M
Change In Accounts Payable	37.77M	-44.23M	197M	182M	-50.96M
Change in Other Net Operating Assets	-17.06M	19.93M	-6.4M	26.26M	-28.2M
Cash from Operations	652M	240M	658M	357M	394M
Capital Expenditure	-158M	-58.47M	-81.28M	-151M	-249M
Sale of Property, Plant, and Equipment	435K	370K	5.44M	186K	-
Cash Acquisitions	-3.87M	1.96M	-2.9M	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-33.68M	-19.61M	-20.26M	-38.85M	-50.12M
Investment in Marketable and Equity Securities, Total	-	-	-	-4.43M	-
Other Investing Activities, Total	-	-	-	2.79M	1.48M
Cash from Investing	-195M	-75.75M	-99.01M	-192M	-298M
Short Term Debt Issued, Total	-	-	-	-	2M
Long-Term Debt Issued, Total	-	105M	-	-	279M
Total Debt Issued	-	105M	-	-	281M
Short Term Debt Repaid, Total	-107K	-56.63M	-174M	-10.81M	-60.55M
Long-Term Debt Repaid, Total	-262M	-187M	-211M	-216M	-222M
Total Debt Repaid	-263M	-244M	-385M	-227M	-282M
Common Dividends Paid	-186M	-2.76M	-2.76M	-48.31M	-69.02M
Common & Preferred Stock Dividends Paid	-186M	-2.76M	-2.76M	-48.31M	-69.02M
Other Financing Activities, Total	-23.3M	-25.23M	-20.32M	-32.29M	-52.77M
Cash from Financing	-472M	-167M	-408M	-307M	-122M
Foreign Exchange Rate Adjustments	1.09M	-4.22M	7.96M	4.45M	-2.64M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-14.09M	-7.35M	159M	-137M	-29.08M
Supplemental Items
Cash Interest Paid	24.93M	27.51M	21.19M	23.86M	41.33M
Cash Income Tax Paid (Refund)	76.91M	31.61M	51.18M	75.36M	70.76M
Levered Free Cash Flow	402M	221M	445M	61.82M	-25.83M
Unlevered Free Cash Flow	423M	238M	459M	78.12M	2.82M
Change In Net Working Capital	-36.55M	-43.9M	-92.58M	278M	300M
Net Debt Issued / Repaid	-263M	-139M	-385M	-227M	-658K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	9.37	-2.88	5.41	7.44	7.7
Return on Total Capital	13.31	-3.81	7.43	10.66	10.79
Return On Equity %	20.71	-24.88	16.96	21.38	22.06
Return on Common Equity	20.69	-25.02	16.36	20.52	21.45
Margin Analysis
Gross Profit Margin %	65.03	61.01	61.76	61.79	61.49
SG&A Margin	52.49	67.11	53.27	52.01	51.61
EBITDA Margin %	15.9	-1.18	11.11	11.99	12.23
EBITA Margin %	12.35	-6.45	8.24	9.56	9.69
EBIT Margin %	12.3	-6.45	8.24	9.56	9.69
Income From Continuing Operations Margin %	7.12	-11.26	5.17	6.08	6.43
Net Income Margin %	7.11	-11.29	4.93	5.74	6.16
Net Avail. For Common Margin %	7.11	-11.29	4.93	5.74	6.16
Normalized Net Income Margin	6.84	-5.26	4.21	4.78	4.99
Levered Free Cash Flow Margin	13.94	11.33	15.96	1.69	-0.62
Unlevered Free Cash Flow Margin	14.66	12.25	16.47	2.14	0.07
Asset Turnover
Asset Turnover	1.22	0.71	1.05	1.25	1.27
Fixed Assets Turnover	3.23	1.52	2.46	3.19	3.35
Receivables Turnover (Average Receivables)	13.4	10.02	13.71	14.87	13.28
Inventory Turnover (Average Inventory)	1.62	1.22	1.74	1.77	1.59
Short Term Liquidity
Current Ratio	1.32	1.23	1.31	1.33	1.64
Quick Ratio	0.45	0.38	0.56	0.4	0.5
Operating Cash Flow to Current Liabilities	0.74	0.28	0.67	0.3	0.36
Days Sales Outstanding (Average Receivables)	27.23	36.51	26.63	24.54	27.48
Days Outstanding Inventory (Average Inventory)	225.17	300.31	209.69	206.58	230.25
Average Days Payable Outstanding