Financials Hugo Boss AG

Equities

BOSS

DE000A1PHFF7

Apparel & Accessories

Market Closed - Xetra Other stock markets 11:35:15 2024-09-13 am EDT			5-day change	1st Jan Change
36.17 ^EUR	+4.63%		-2.24%	-46.38%

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

Projected Income Statement: Hugo Boss AG

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,884	1,946	2,786	3,651	4,197	4,256	4,485	4,702
Change	-	-32.52%	43.17%	31.06%	14.96%	1.39%	5.37%	4.85%
EBITDA ¹	707	230	568	680.4	752	735.5	823.1	892.3
Change	-	-67.47%	146.96%	19.8%	10.52%	-2.19%	11.9%	8.41%
EBIT ¹	344	-126	228	335.4	410.3	369.8	437.1	493.1
Change	-	-	-	47.11%	22.34%	-9.87%	18.2%	12.79%
Interest Paid ¹	-38.9	-37.62	-31	-26.08	-53	-54.48	-53.4	-54.22
Earnings before Tax (EBT) ¹	316	-273	197	285.3	356.9	313.8	385.9	440
Change	-	-	-	44.82%	25.09%	-12.07%	22.96%	14.03%
Net income ¹	205	-219	137	209.5	258.4	225.8	275	316
Change	-	-	-	52.92%	23.33%	-12.59%	21.76%	14.91%
Announcement Date	3/5/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	720	825	555	275	533	583	497	629	755	905	772	878	933	1,068	968	1,025	1,027	1,176	1,014	1,015	1,041	1,193	-	-	-	-	-	-
Change	-	14.58%	-32.73%	-50.45%	93.82%	9.38%	-14.75%	26.56%	20.03%	19.87%	-14.7%	13.73%	6.26%	14.51%	-9.4%	5.89%	0.2%	14.55%	-13.81%	0.1%	2.59%	14.61%	-100%	-	-	-	-	-
EBITDA ¹	173	226	79	-35	100	85	77	-	-	-	116	194	-	-	-	205	188	219	154	161	204.2	239.9	-	-	-	-	-	-
Change	-	30.64%	-65.04%	-	-	-15%	-9.41%	-100%	-	-	-	67.24%	-100%	-	-	-	-8.29%	16.51%	-29.69%	4.55%	26.83%	17.48%	-100%	-	-	-	-	-
EBIT ¹	80	124	-14	-124	15	-3	1	43	85	100	40	100	92	103.4	65	121	103	121.3	69	70	94.81	119	101.9	102.9	100.9	101.9	118.8	119.8
Change	-	55%	-	785.71%	-	-	-	4,200%	97.67%	17.65%	-60%	150%	-8%	12.41%	-37.15%	86.15%	-14.88%	17.8%	-43.13%	1.45%	35.45%	25.52%	-14.39%	0.98%	-1.94%	0.99%	16.56%	0.84%
Charge d'intérêts ¹	-8	-14.9	-11	-9	-10	-8.618	-11	-8	-11	-	-3	-16	-8	-	-12	-12	-15	-14	-12	-16	-12	-10	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	76	120	-25	-258	5	5	-11	35	-	-	37	83	84	81.3	53	109	88	106.9	57	54	80	109	-	-	-	-	-	-
Change	-	57.89%	-	932%	-	0%	-	-	-100%	-	-	124.32%	1.2%	-3.21%	-34.81%	105.66%	-19.27%	21.46%	-46.67%	-5.26%	48.15%	36.25%	-100%	-	-	-	-	-
Net income ¹	56	60	-18	-185	3	-19.59	-8	22	-	-	24	58	58	70.5	35	75	63	85.37	38	37	53.85	66.85	60.86	61.86	59.86	60.86	72.75	73.75
Change	-	7.14%	-	927.78%	-	-	-59.17%	-	-100%	-	-	141.67%	0%	21.55%	-50.35%	114.29%	-16%	35.51%	-55.49%	-2.63%	45.53%	24.14%	-8.96%	1.64%	-3.23%	1.67%	19.54%	1.37%
Announcement Date	10/10/19	3/5/20	5/5/20	8/4/20	11/3/20	3/11/21	5/5/21	8/5/21	11/5/21	3/10/22	5/4/22	8/3/22	11/3/22	3/9/23	5/4/23	8/2/23	11/2/23	3/7/24	5/2/24	7/15/24	-	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	830	1,116	1,126	1,650	2,001	1,993	3,170	2,029	2,247
Change	-	34.46%	0.9%	46.54%	21.3%	-0.42%	59.08%	-36%	10.74%
EBITDA	-	186	-	310	-	346	-	-	-
Change	-	-	-100%	-	-100%	-	-100%	-	-
EBIT ¹	-138	12	44	140	195.4	186	224.3	139	230.5
Change	-	-	266.67%	218.18%	39.59%	-4.82%	20.61%	-38.04%	65.81%
Charge d'intérêts ¹	-20	-17.62	-19	-19	-15.08	-24	-29	-28	-22
Earnings before Tax (EBT) ¹	-283	10	-	120	165.3	162	194.9	111	189
Change	-	-	-100%	-	37.75%	-2%	20.3%	-43.04%	70.27%
Net income ¹	-203	-15.59	-	82	127.5	110	148.4	75	141
Change	-	-92.32%	-100%	-	55.49%	-13.73%	34.88%	-49.45%	88%
Announcement Date	8/4/20	3/11/21	8/5/21	8/3/22	3/9/23	8/2/23	3/7/24	7/15/24	-

¹EUR in Million

Estimates

Forecast Balance Sheet: Hugo Boss AG

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,010	997	617	-	222	945	871	821
Change	-	-1.29%	-38.11%	-	-	325.68%	-7.83%	-5.74%
Announcement Date	3/5/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Hugo Boss AG

Fiscal Period: December	2019	2020	2021	2023	2024	2025	2026
CAPEX ¹	191.3	78.08	101	298	293.8	298.1	308
Change	-	-59.19%	29.35%	-	-1.41%	1.45%	3.34%
Free Cash Flow (FCF) ¹	460.4	161.8	557	96	345.7	364.9	359.7
Change	-	-64.85%	244.18%	-	260.12%	5.56%	-1.43%
Announcement Date	3/5/20	3/11/21	3/10/22	3/7/24	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Hugo Boss AG

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	24.51%	11.82%	20.39%	18.64%	17.92%	17.28%	18.35%	18.98%
EBIT Margin (%)	11.93%	-6.47%	8.18%	9.19%	9.78%	8.69%	9.75%	10.49%
EBT Margin (%)	10.96%	-14.03%	7.07%	7.81%	8.5%	7.37%	8.6%	9.36%
Net margin (%)	7.11%	-11.25%	4.92%	5.74%	6.16%	5.31%	6.13%	6.72%
FCF margin (%)	15.96%	8.32%	19.99%	-	2.29%	8.12%	8.14%	7.65%
FCF / Net Income (%)	224.59%	-73.9%	406.57%	-	37.16%	153.08%	132.72%	113.85%
Profitability
ROA	8.66%	-8.04%	9.15%	-	7.83%	6.18%	7.12%	7.77%
ROE	20.69%	-24.95%	16.32%	-	21.44%	16.23%	17.29%	17.72%
Financial Health
Leverage (Debt/EBITDA)	1.43x	4.33x	1.09x	-	0.3x	1.28x	1.06x	0.92x
Debt / Free cash flow	2.19x	6.16x	1.11x	-	2.31x	2.73x	2.39x	2.28x
Capital Intensity
CAPEX / Current Assets (%)	6.63%	4.01%	3.63%	-	7.1%	6.9%	6.65%	6.55%
CAPEX / EBITDA (%)	27.06%	33.95%	17.78%	-	39.63%	39.94%	36.21%	34.52%
CAPEX / FCF (%)	41.55%	48.25%	18.13%	-	310.42%	84.98%	81.67%	85.63%
Items per share
Cash flow per share ¹	9.443	3.476	9.558	-	5.709	6.906	7.11	6.95
Change	-	-63.19%	174.95%	-	-	20.98%	2.95%	-2.26%
Dividend per Share ¹	2.75	0.04	0.7	-	1.353	1.216	1.452	1.712
Change	-	-98.55%	1,650%	-	-	-10.1%	19.35%	17.93%
Book Value Per Share ¹	14.51	10.92	13.41	-	18.73	20.78	23.63	25.58
Change	-	-24.74%	22.76%	-	-	10.91%	13.75%	8.24%
EPS ¹	2.97	-3.18	1.99	3.04	3.74	3.253	3.961	4.514
Change	-	-207.07%	-162.58%	52.76%	23.03%	-13.01%	21.76%	13.94%
Nbr of stocks (in thousands)	69,016	69,016	69,016	69,016	69,016	69,016	69,016	69,016
Announcement Date	3/5/20	3/11/21	3/10/22	3/9/23	3/7/24	-	-	-