Tom Tailor (TTI.DE, TTI.BE, TTI.MU) reported that its fiscal 2012 profit declined to 3.1 million euros from last year's 10.1 million euros, with earnings per share decreasing to 0.01 euros from 0.59 euros in the prior year. The reported net profit for the latest-year reflected the acquisition of BONITA.
Net profit adjusted for special items came to 18.9 million euros in 2012, up 26.0% from 15.0 million euros in the prior year. However, recurring earnings per share declined to 0.81 euros, from 0.91 euros in the previous year, due to the increased average number of shares following the cash capital increase and issue of new shares to finance parts of the purchase price of BONITA.
Annual sales increased 53.0% to 629.7 million euros from last year's 411.6 million euros.
For the 2013 financial year, Tom Tailor Holding AG aims to achieve sales of at least 900 million euros and a recurring EBITDA margin of at least 12%.
The company aims to achieve an EBITDA margin of 15% by 2017 at the latest.
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