In the first half of the 2025 financial year, the Munich trading group Ludwig Beck achieved a increase in sales despite difficult framework conditions. This emerges from an interim report that the company presented on Thursday.
Accordingly, gross turnover reached a height of 37.8 million euros from January to June, which meant an increase of 1.5 percent compared to the previous year. Last but not least, the retailer owes the plus 5.4 percent in their own online shop.
Overall, the gross revenues in the textile segment rose from 28.3 to 29.0 million euros, while in the “Nontextil” area they gave up from 8.9 to 8.8 million euros. The group’s net turnover increased from 31.3 to 31.8 million euros.
Despite the slight sales growth, the retailer emphasized the current challenges: “The first six months of 2025 were still characterized by a reserved consumption mood of consumers due to the general framework,” the company said. “In addition, there were sometimes massive restrictions on local public transport.
The management looks “with confidence” to the third quarter
As in the previous year, the loss before interest and taxes (EBIT) was 1.0 million euros. The loss before taxes (EBT) slightly decreased from 2.5 to 2.4 million euros, the designated net loss, which was 1.5 million euros in the first half of the previous year, increased to 2.7 million euros. The company justified this with the fact that, unlike in the previous year, “no latent tax yields in the current year” were formed on the EBT.
In view of the available figures, the management saw no reason to change the current forecasts. The company looks “with confidence to the third quarter” and rely on the fact that “the framework conditions are more stabilizing again”, according to a message. Overall, Ludwig Beck is “well prepared for the second half of the year”.