BERLIN (dpa-AFX) - German clothing maker Hugo Boss AG (HUGSF.PK) Tuesday said its second-quarter net income increased 13 percent to 71 million euros from 63 million euros in the previous year.
EBITDA before special items improved 12 percent to 123 million euros from 110 million euros.
Sales rose to 647 million euros from 559 million euros due to positive currency effects. Currency-adjusted sales rose 7 percent.
Further, the company reconfirmed its sales and profit targets for the full year.
The company still expects to increase currency-adjusted sales in 2015 by a mid-single-digit rate. The operating result, EBITDA before special items, is expected to increase by between 5 and 7 percent in reported terms.
Copyright RTT News/dpa-AFX