Ming Le Sports AG announced earnings results for the first quarter 2013. First quarter, revenues increased by 30.6%, amounting to EUR 73.7 million compared to EUR 56.4 million a year ago. Furthermore, the company remains on its growth path with an increased EBIT of 6.4% to EUR 16.8 million.

The company provided earnings guidance for the year 2013. For the year, the company anticipates to achieve a year-on-year revenue growth of 25.0% in 2013, surpassing the EUR 350.0 million benchmark due to the increased sales orders for the Spring/Summer 2013 collection. Furthermore, the company reckons with a net profit margin between 17.0% and 18.0% for the fiscal year 2013.