At the top it went up by 8.5 percent to EUR 44.08. At this level, the papers were the last time in early March. Finally, the surcharge was 6.3 percent to 43.21 euros.
The result before interest and taxes (EBIT) increased by two percent to 142 million euros in the first six months. The bottom line was a profit of 82 million euros, after 75 million euros in the previous year. The numbers were better than analyst: expected on the inside. The company confirmed the forecast for the current year.
Analyst Volker Bosse from Baader Bank attested the fashion group solidly in an initial assessment. The operational profit benefited from a very low basic effect from the previous year in the second quarter. Further efficiency gains in procurement would have the profitability based on general headwinds in the industry.
Analyst Susy Tibaldi from Bank UBS wrote that Hugo Boss had confirmed the annual goals despite adverse exchange rate influences. The retail business fulfilled expectations, which was encouraging. The company still has the costs well under control, which is positively reflected in the result.