Ahlers reports H1 FY20 revenues of €71 mn

Fashion

Ahlers reports H1 FY20 revenues of €71 mn

08 Jul `20

1 min read

Ahlers AG, a Germany-based manufacturer of men’s fashion, has reported 58 per cent decline in its revenues to €19.5 million in second quarter (Q2) FY20, ended on May 31, 2020 compared to revenues of €46.3 million in same period last year. For the six month period (H1), revenues fell 33 per cent to €70.7 million (H1 FY19: €105.3 million).

 

Ahlers AG, a Germany-based manufacturer of men`s fashion, has reported 58 per cent decline in its revenues to €19.5 million in second quarter (Q2) FY20, ended on May 31, 2020 compared to revenues of €46.3 million in same period last year. For the six month period (H1), revenues fell 33 per cent to €70.7 million (H1 FY19: €105.3 million). #

Consolidated net loss for H1 were €9.4 million (€1.7 million). Gross profit in the first half fell 34 per cent to €33.8 million (€51.3 million). 

 

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