- Hugo Boss Ag Na O.N.
- 04 November 2025 08:20:13
Source: Sharecast
Full-year group sales and earnings before interest and tax are now expected be at the bottom end of the €4.2bn-4.4bn and €380m-440m targets due to "heightened macroeconomic volatility and significant currency headwinds", the company said on Tuesday.
Group sales were 4% lower year-on-year in the third quarter at €989m, but would have been down 1% if currency movements are excluded.
BOSS Menswear sales were flat on a FX-adjusted basis at €764m, though the smaller womenswear division experienced a 9% drop to €67m, while the HUGO brand saw a 5% decline to €158m.
In terms of geographic mix, the Americas was the only region to show growth, at 3% on an FX-adjusted basis to €223m. However, the larger EMEA region experienced a 2% decline to €641m, while Asia-Pacific sales fell 4% to €101m.
Nevertheless, a 100-basis point improvement in the gross margin – due to efficiency gains in sourcing and lower freight costs – meant that net profits were 7% higher year-on-year at €60m.
“Despite ongoing global market volatility in Q3, we remained focused on our strategic priorities, emphasising long-term brand strength over short-term gains," said chief executive Daniel Grieder.
Shares were 3.4% lower at €36.60 by 0903 in Frankfurt.
