LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG announced that compared to 2011, the company increased gross sales of its store at Marienplatz (including FÜNF HÖFE) by 2.9% to EUR 101.5 million against EUR 98.6 million in 2011. This increase meets the board's expectations. It thus achieved the branch-adjusted 2% to 3% gain in sales it was aiming for. Taking into account the branches closed down in 2011 and 2012 (Augsburg 03/2011 and Olympia Mall 07/2012), the group was able to maintain its level of sales with EUR 103.2 million against EUR 103.3 million in 2011. Traditionally, the Christmas season is an essential factor for the company volume of sales. Management indicated that the Christmas season, despite mild temperature during the time before Christmas, produced very pleasing results.

The company announced that based on the positive economic development, management confirms its earnings forecast for the 2012 fiscal year and assumes earnings before taxes to clearly exceed EUR 11.3 million.