HairGroup AG
Essanelle Hair Group presents the half-year results for 2013
ESSANELLE HAIR GROUP AG / Key word(s): Half Year Results 16.08.2013 / 09:45 --------------------------------------------------------------------- Essanelle Hair Group presents the half-year results for 2013 Sales at EUR 63.3 million after EUR 62.8 million Earnings before taxes at EUR 2.0 million after EUR 2.5 million Forecast confirmed for the whole of 2013 Düsseldorf, 16 August 2013 - Compared to the same period in the previous year, Essanelle Hair Group AG was able to further increase sales in the first half-year of 2013. After six months, sales increased by 0.8% to EUR 63.3 million after EUR 62.8 million in the first half of 2012 - and this against the background of two business days less than the previous year. Regarding the individual salon concepts, sales for HairExpress improved by 3.5% from EUR 20.5 million to EUR 21.2 million in the first half-year. Super Cut likewise generated an increase of 1.1% from EUR 11.4 million to EUR 11.6 million today. The essanelle Ihr Friseur concept grossed EUR 26.8 million after EUR 27.4 million in the same period of the previous year (-2.0%). With sales amounting to EUR 3.7 million, the Beauty Hair Shop concept, which specialises in the sale of exclusive hair care products, currently ranges at 5.9% above last year's level of EUR 3.5 million. As already apparent after the first three months, the earnings figures for Essanelle Hair Group also ranged below last year's level in the first half-year. Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) reached EUR 4.3 million after EUR 4.8 million (-10.3%). After the first six months of 2013, Earnings Before Taxes (EBT) currently range at EUR 2.0 million after last year's figure of EUR 2.5 million (-18.7%). Finally, the result per share amounts to EUR 0.26 after EUR 0.31 Euro in the previous year. Achim Mansen, Chief Executive Officer (CEO) of Essanelle Hair Group AG: 'We are cautiously optimistic that we can achieve our full-year targets of sales growth of 1-2% and Earnings before Taxes of EUR 5.5-6.0 million. The deciding factor will be the impact that the increases in personnel expenses resulting from minimum wages and our simultaneous price adjustments will have on the end result. We will be in a position to provide a first indicator in this respect at the end of the third quarter.' Further details regarding the first half-year of 2013 are available in the Half-year Report 2013 on the homepage of the company at August 25 www.essanelle-hair-group.com. Contact: Michael Müller, Stockheim Media, 02156-492 8266, mm@stockheim-media.com End of Corporate News --------------------------------------------------------------------- 16.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: ESSANELLE HAIR GROUP AG Himmelgeister Straße 103-105 40225 Düsseldorf Germany Phone: +49 (0)2156-4965-195 Fax: +49 (0)89-21027-598 E-mail: investor@essanelle-hair-group.com Internet: www.essanelle.de ISIN: DE0006610314 WKN: 661031 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 226206 16.08.2013
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