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Hugo Boss Q4 core profit rises as Europe offsets weak U.S., China

Published 15/01/2016, 14:50
© Reuters. The logo of German fashion house Hugo Boss is seen on a bag at their outlet store in Mezingen near Stuttgart
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FRANKFURT (Reuters) - German fashion house Hugo Boss (DE:BOSSn)​ reported on Friday a 2 percent gain in core profit for its fourth quarter as strength in Europe offset weaker sales in the United States and China.

Group earnings before interest, tax, depreciation and amortisation (EBITDA) before special items rose to 171 million euros ($187 million) from 167 million in the three months through December, the most important retail period because of the Christmas and New Year holidays.

© Reuters. The logo of German fashion house Hugo Boss is seen on a bag at their outlet store in Mezingen near Stuttgart

Hugo boss is due to publish a full set of fourth-quarter results on March 10.

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