Hugo Boss : Q4 due 7 March – Further double-digit growth and higher margins
>Consistent growth across all regions and segments - Hugo Boss will report detailed Q4 2023 results on 7 March, but we would not be surprised to see preliminary numbers before that. We forecast some 8% sales growth y-o-y to € 1,155m driven by organic growth of 12% and FX headwind of 4%. All channels and regions should contribute to this. Brick-and-mortar retail and wholesale should be up 8% and 14%, respectively while we see Digital growing even faster at 21%. In term...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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