Ming Le Sports Ag Announces Earnings Results for the First Quarter 2013; Provides Earnings Guidance for the Year 2013
The company provided earnings guidance for the year 2013. For the year, the company anticipates to achieve a year-on-year revenue growth of 25.0% in 2013, surpassing the EUR 350.0 million benchmark due to the increased sales orders for the Spring/Summer 2013 collection. Furthermore, the company reckons with a net profit margin between 17.0% and 18.0% for the fiscal year 2013.