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Bijou Brigitte publishes sales warning

At Bijou Brigitte there is a warning for 2020. The previous forecast is not tenable. With the half-year figures, the company assumed that it would generate sales of between EUR 210 million and EUR 225 million in 2020. However, the pandemic is now forcing the forecast to be corrected. Accordingly, sales in the current year should be between 200 million euros and 210 million euros. In 2019, the Hamburg-based company had a turnover of 334.0 million euros.

According to Bijou Brigitte, the effects on the result are currently difficult to predict. There are too many uncertainties. Therefore, the previous earnings expectations remain. There should be a loss before income taxes of 30 million euros to 40 million euros. In 2019, Bijou Brigitte made a profit of 37.4 million euros.

The shares of Bijou Brigitte gain 1.4 percent today to 21.80 euros.

Security data: Bijou Brigitte
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Ticker symbol: BIJ
WKN: 522950
ISIN: DE0005229504
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