ESCADA AG

euro adhoc: ESCADA AG
Geschäftszahlen/Bilanz
ESCADA announces key preliminary figures for fiscal year 2007/2008

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Erwachsenenbildung

18.12.2008

Ad Hoc Disclosure per Section 15 WpHG (German Securities Trading Act)

ESCADA AG                              DE 0005692107
Einsteinring 14-18                                 DE 000A0PNVB3
D-85609 Aschheim/Munich, Germany

ESCADA announces key preliminary figures for fiscal year 2007/2008

Munich, December 18, 2008 - Sales and earnings of the  ESCADA  Group in  fiscal year 2007/2008 (reporting date: October  31)  remained,   as  announced,  clearly below the  figures  of  the  previous  fiscal year.  According  to  preliminary calculations, consolidated sales came to 582.5 million Euro, a decline of  15.1% against last year's figure of 686.1 million  Euro.  The  decreases  reflect  the fact that conditions for luxury fashion were continually  worsening   during  the course of the fiscal year, resulting in a pronounced   consumer  restraint  above all in the fourth quarter. Currency-adjusted the Group recorded  a  sales  minus of 13.1%.

The Group's earnings  before  interest,  taxes,  depreciation  and   amortization (EBITDA) came to 19.7 million Euro (2006/2007: 68.2 million  Euro).  The  result after taxes is still being assessed at present. The clear decline of  sales  and expenses incurred from restructuring  will  translate  into  a  loss  that  will exceed the figure of the previous year (-27.3 million Euro).

Contact: ESCADA AG Volker Heilmann Phone: +49 - 89 - 99 44 - 18 73 Mail: volker.heilmann@de.escada.com

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ots Originaltext: ESCADA AG
Im Internet recherchierbar: http://www.presseportal.ch

Rückfragehinweis:
Volker Heilmann
Tax Manager
Tel: +49 (0) 89 9944 1873
e-mail: volker.heilmann@de.escada.com

Branche: Bekleidung
ISIN:      DE0005692107
WKN:        569210
Index:    SDAX, CDAX, Classic All Share, Prime All Share
Börsen:  Börse Berlin / Open Market (Freiverkehr)
              Börse Hamburg / Open Market (Freiverkehr)
              Börse Stuttgart / Open Market (Freiverkehr)
              Börse Düsseldorf / Open Market (Freiverkehr)
              Börse Frankfurt / Regulierter Markt/Prime Standard
              Börse München / Regulierter Markt



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