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02/18/2014 | 18:05 CET/CEST

TOM TAILOR Holding AG / Key word(s): Preliminary Results
18.02.2014 18:05

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG.
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TOM TAILOR Holding AG Publishes Preliminary Results for Fiscal Year 2013: Sales Target Achieved - Recurring EBITDA Below the Expectations
Hamburg, 18 February 2014: TOM TAILOR GROUP further expanded its market position in the fiscal year 2013. According to preliminary figures, the Group boosted its sales by 44.1% to EUR 907.2 million (2012: EUR 629.7 million) and reached the upper end of its EUR 890 million to EUR 910 million target range. This increase was in particular driven by the repeatedly strong growth of the TOM TAILOR brands as well as the first-time full-year consolidation of the BONITA brand. In the fiscal year 2013, TOM TAILOR GROUP increased its recurring earnings before interest, tax, depreciation and amortisation (EBITDA) by 16.1% to EUR 77.2 million (2012: EUR 66.5 million). Despite an increase in the recurring EBITDA of the TOM TAILOR brands by 27.8%, the Group's recurring EBITDA remained below the targeted range of EUR 85 million to EUR 95 million. The reason for this being inventory sales at the end of the fourth quarter 2013, which negatively impacted BONITA's profitability. In addition, the Christmas sales failed to meet expectations.

For the fiscal year 2014, TOM TAILOR GROUP aims at sales of more than EUR 950 million and a recurring EBITDA margin of around 10%. Both brands ought to contribute to this development.

TOM TAILOR Holding AG furthermore announces changes in its management board: To further strengthen the product, design and brand competence of BONITA and BONITA men, former Chief Product Officer of TOM TAILOR Holding AG, Udo Greiser, was appointed sole Managing Director of BONITA GmbH effective 1 February 2014. He will resign from the management board of TOM TAILOR Holding AG. He will be succeeded by Daniel Peterburs who will become Chief Product Officer and be responsible for product development, sourcing and licencing as of 1 March 2014. Daniel Peterburs has been with the Group since 2008 and until now has been Division Head for the product line TOM TAILOR Denim Male.

Felix Zander
Head of Investor Relations & Corporate Communications Tel.: +49 (0) 40 58956-449
Email: felix.zander@tom-tailor.com

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Language:     English
Company:      TOM TAILOR Holding AG
              Garstedter Weg 14
              22453 Hamburg
Phone:        +49 (0) 40 589 56 0
Fax:          +49 (0) 40 589 56 398
E-mail:       info@tom-tailor.com
Internet:     www.tom-tailor-group.com
ISIN:         DE000A0STST2
WKN:          A0STST
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, Hannover, München,               Stuttgart
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