Bijou Brigitte is aiming for sales growth

The Hamburg-based fashion jewelery chain Bijou Brigitte Modest Accessoires AG announced its goals for the current 2023 financial year on Wednesday. Accordingly, the company expects sales in the range of 320.0 to 340.0 million euros. According to the figures available, revenue last year reached 306.5 million euros.

The forecast is made “under the assumption that there will be no economic upheavals over the course of the year and that the positive trend will continue,” the retailer said in an ad hoc release. According to preliminary figures, sales in the first quarter were around 30 percent above the corresponding level of the previous year.

In terms of earnings before taxes, the target corridor for 2023 is between EUR 38.0 and 54.0 million. According to the company, 46.3 million euros were achieved last year. The retailer also plans to increase the number of its stores over the course of the year. By the end of 2022, Bijou Brigitte had 902 stores.

The company intends to publish its consolidated and annual financial statements for the past financial year on Friday. The Annual General Meeting is planned for June 20, 2023 as a face-to-face event, explained Bijou Brigitte.

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