Beate Uhse Aktiengesellschaft reported group earnings results for the first of half of 2015. For the period the Group recorded like-for- like growth in sales of 1.6% in continuing operations. Group sales were decreased to EUR 65.5 million compared to EUR 70.0 million a year ago, due to the strategic discontinuation of operations in Norway and Italy and the expected further decline in the Mail Order catalogue business. The developments seen in continuing operations confirm that the Group has chosen the correct
path. This is shown most clearly in the retail segment where existing branches grew by 5.3%. LBIT of EUR 2.7 million compared to EBIT of EUR 1.5 million a year ago. The weakness of the euro against the US dollar impacted the result in the first half of the year in the amount of EUR 3.3 million.

For the year 2015, the company expected its sales between EUR 134.0 million and EUR 139.0 million and EBIT between EUR 2.0 million and EUR 5.0 million, yet expected sales and results to come in at the lower end of the range in light of recent developments.