Tom Tailor Holding AG Reports Earnings Results for the First Quarter of 2017; Provides Earnings Guidance for the Full Year of 2017 and 2018
For the year 2017, the company expects to report group sales to be slight decrease compared to previous year due to Kids license model and RESET projects, reported EBITDA to be strong increase compared to previous year and reported EBITDA margin to strong increase compared to previous year.
For 2018, the company expects to improve reported EBITDA by EUR 30 million to EUR 40 million. The company expects sales to slight decrease compared to previous year due to Kids license model and RESET projects; gross profit margin to moderate increase compared to previous year; reported EBITDA to increase strongly compared to previous year; and reported EBITDA margin to increase strongly compared to previous year.