Hugo Boss: Q4 operating results above expectations

BUY, Fair Value EUR95 (+9%)

News published on February Friday 8, 2013
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Hugo Boss published preliminary Q4 12 results that were above consensus estimates (EBITDA EUR138m vs. consensus EUR127m), driven by strong sales, and in spite of a weak gross margin. 2012 guidance was therefore slightly beaten and FY13 guidance will be given in March. There is no conference call for preliminary results.

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