HairGroup AG
Essanelle Hair Group presents its figures for the first quarter 2014

DGAP-News: ESSANELLE HAIR GROUP AG / Key word(s): Quarter Results

16.05.2014 / 09:00

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Essanelle Hair Group presents its figures for the first quarter 2014

At EUR 32.3 million, sales revenue significantly above last year's level 
EBT ranges at EUR 0.9 million after EUR 0.6 million  

Düsseldorf, 16 May 2014 - In the first quarter of 2014, Essanelle Hair
Group AG generated sales revenues amounting to EUR 32.3 million, thereby
ranging above the level of EUR 30.8 million in same period for the previous
year by 4.7%. Regarding the individual salon concepts of the company,
HairExpress had an increase in sales of 11.5% from EUR 10.2 million to EUR
11.4 million. Super Cut generated sales amounting to EUR 5.9 million after
EUR 5.6 million (+5.4%). The essanelle Ihr Friseur concept achieved EUR
13.0 million, ranging slightly below the previous year's value of EUR 13.1
million (-0.6%). The beautyhairshop concept, which specialises in the sale
of exclusive hair care products, achieved sales amounting to EUR 1.9
million after EUR 1.8 million in the previous year (+3,0%).

Due of increased sales, the earnings performance indicators of Essanelle
Hair Group improved, despite increased personnel expenditures. Earnings
Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased by
15.3% from EUR 1.7 million to EUR 2.0 million compared to the previous
year. After the first three months, Earnings Before Tax (EBT) ranged at EUR
0.9 million, thereby lying above the previous year's level of EUR 0.6
million (+47.2%). Finally, earnings per share amounted to EUR 0.12 after
EUR 0.08 in the previous year.

Achim Mansen, CEO of Essanelle Hair Group AG: "We are satisfied with the
sales performance in the first quarter. This shows the positive impact of
price increases linked to the minimum wage. Regarding earnings performance
indicators, we now range close to the level of 2012. We are therefore able
to confirm our expectations for the entire year at this time - the
uncertainty regarding the second stage of the minimum wage starting in
August still remains, however." Essanelle Hair Group confirms its outlook
for the fiscal year 2014.


End of Corporate News

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16.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                               
Company:     ESSANELLE HAIR GROUP AG                               
             Himmelgeister Straße 103-105                          
             40225 Düsseldorf                                      
             Germany                                               
Phone:       +49 (0)2156-492 8266                                  
Fax:         +49 (0)221-4207559                                    
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  
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268835 16.05.2014