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07 Dec. 2011

AHLERS GROUP: 6.5% INCREASE IN SALES REVENUES

Germany-based Ahlers Group will achieve an increase of approximately 6.5% in sales revenues in the fiscal year 2010/11 (ends November 30, 2011). The Baldessarini, Pierre Cardin und Otto Kern premium brands led the trend with a slightly double-digit increase. Healthy growth was also achieved in the Pioneer Jeans & Workwear segment which saw sales up by around 7%.  Consolidated net income after taxes will increase from €8.5 million to €9 to 10 million according to preliminary estimates. The Management Board continues to believe that sales revenues and earnings will increase also in the next fiscal year.
Lisa Dartmann

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