Hugo Boss : Q3 due 4 November - Recovery to continue in Q3, but new 2025 agenda requires higher investments
>Recovery to continue in Q3 2021. Some 31% top-line growth and a sharp EBIT margin increase - Hugo Boss will report Q3 2021 results on 4 November. For Q3, we forecast currency neutral sales growth of 31% y-o-y broadly in line with consensus. We believe that demand could benefit from people returning to the office or the re-start of formal events. In terms of regions, Europe and Americas should achieve the fastest growth also supported by easy comparatives. EBIT should...HUGO BOSS Group is engaged in the global apparel market. The Group, which is based in Metzingen Germany employs almost 12,500 people, generated annual sales of EUR 2.4 billion in fiscal year 2013 and is an apparel manufacturer. The Group focuses on developing and marketing high-end women's and men's fashion and accessories. With its brand including the BOSS core brand, the lines BOSS Orange, BOSS Green and the progressive brand HUGO, Co. targets different, consumer groups. The brands consists of modern business wear, evening wear and sportswear, shoes and leather accessories as well as licensed fragrances, eyewear, watches, children's fashion, home textiles and mobile accessories.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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