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HUGO BOSS Preliminary Q4 EBIT Up 17%; Meets 2023 Sales, Earnings Targets

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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HUGO BOSS (HUGSF.PK) said the final quarter of 2023 was the most successful one in its history from a top-line perspective. In light of the robust performance during the quarter, the company achieved full-year 2023 sales and earnings targets, which had been revised upwards twice during the year. HUGO BOSS said fiscal 2023 marked another important milestone for it towards achieving 2025 financial ambition, which the company raised in mid-2023.

Fourth quarter EBIT increased 17% to 121 million euros on a preliminary basis. Currency-adjusted sales grow 13% to 1.18 billion euros. In reporting currency,
sales were up 10%.

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