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Gerry Weber International AG (GWIG.DE)

GWIG.DE on Xetra

3.00EUR
19 Oct 2018
Change (% chg)

€-0.28 (-8.68%)
Prev Close
€3.29
Open
€3.15
Day's High
€3.27
Day's Low
€3.00
Volume
71,553
Avg. Vol
71,893
52-wk High
€10.86
52-wk Low
€2.56

Latest Key Developments (Source: Significant Developments)

Gerry Weber shakes up management, to speed restructuring
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Gerry Weber International AG ::DGAP-ADHOC: GERRY WEBER INTERNATIONAL AG: SUPERVISORY BOARD DECIDES ON COMPREHENSIVE REORGANIZATION OF THE MANAGING BOARD FOR AN ACCELERATED CORPORATE REORIENTATION.RALF WEBER RESIGNS FROM HIS POST AS CEO OF GERRY WEBER INTERNATIONAL AG AT END OF FINANCIAL YEAR 2017/18 ON 31 OCTOBER 2018.SAYS SUPERVISORY BOARD COMPLIED WITH REQUEST BY RALF WEBER TO RESIGN FROM HIS POST AS CEO.SAYS JOHANNES EHLING, MEMBER OF MANAGING BOARD AND CHIEF SALES AND CHIEF DIGITAL OFFICER, WILL ASSUME POSITION OF SPOKESPERSON OF MANAGING BOARD,.SAYS FLORIAN FRANK WAS APPOINTED CHIEF RESTRUCTURING OFFICER (CRO) AND MEMBER OF MANAGING BOARD WITH IMMEDIATE EFFECT.SAYS ONGOING SEARCH FOR A NEW CHIEF FINANCIAL OFFICER (CFO) BY SUPERVISORY BOARD GERRY WEBER INTERNATIONAL AG CONTINUES UNABATED.SAYS GERHARD WEBER, ONE OF TWO FOUNDERS OF COMPANY, STEPS DOWN FOR REASONS OF AGE.  Full Article

Gerry Weber International Has Instructed Preparation Of Restructuring Opinion
Saturday, 22 Sep 2018 

Sept 21 (Reuters) - Gerry Weber International AG ::DGAP-ADHOC: GERRY WEBER INTERNATIONAL AG HAS INSTRUCTED PREPARATION OF A RESTRUCTURING OPINION.  Full Article

Gerry Weber International: CFO Joerg Stueber Leaves Managing Board At His Own Request
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - GERRY WEBER INTERNATIONAL AG ::CHIEF FINANCIAL OFFICER JÖRG STÜBER LEAVES MANAGING BOARD AT HIS OWN REQUEST.HIS DUTIES WILL BE TAKEN OVER BY CEO RALF WEBER, UNTIL A NEW CFO IS APPOINTED.  Full Article

Gerry Weber Says Q1 EBIT Declined To EUR 3.5 Million
Thursday, 15 Mar 2018 

March 15 (Reuters) - Gerry Weber ::DGAP-NEWS: GERRY WEBER'S CONSOLIDATED SALES REVENUES - A MIXED BAG.DROP IN SALES REVENUES OF GERRY WEBER CORE SEGMENT TO EUR 130.8 MILLION WEIGHS ON GROUP IN Q1 2017/18.HALLHUBER'S REVENUES UP 17.8% QUARTER-ON-QUARTER TO EUR 58.9 MILLION.CONFIRMS FORECAST FOR FISCAL YEAR 2017/18.Q1 CONSOLIDATED SALES REVENUES AMOUNTED TO EUR 189.8 MILLION VERSUS EUR 209.2 MILLION YEAR AGO.Q1 EBIT OF GERRY WEBER GROUP DECLINED TO EUR -3.5 MILLION (Q1 PREVIOUS YEAR: EUR 4.1 MILLION).Q1 EBITDA DECLINED FROM EUR 15.6 MILLION TO EUR 7.8 MILLION.  Full Article

Gerry Weber: David Frink resigns from Managing Board
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - GERRY WEBER ::DGAP-ADHOC: DR. DAVID FRINK RESIGNS FROM MANAGING BOARD OF GERRY WEBER INTERNATIONAL AG.‍JÖRG STÜBER APPOINTED TEMP BOARD MEMBER, TO TAKE OVER FRINK'S FORMER DEPARTMENTS​.  Full Article

Gerry Weber supervisory board to decide on retiring of managing board member David Frink
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - GERRY WEBER INTERNATIONAL AG :DGAP-ADHOC: ANNOUNCEMENT OF THE SUPERVISORY BOARD OF GERRY WEBER INTERNATIONAL AG.SUPERVISORY BOARD WILL DISCUSS AND DECIDE ON RETIRING OF MANAGING BOARD MEMBER DAVID FRINK AS WELL AS ON FUTURE STRUCTURE OF MANAGING BOARD OF COMPANY AT SHORT NOTICE.  Full Article

Gerry Weber Q1 consolidated EBITDA up at 15.6 mln euros
Thursday, 16 Mar 2017 

Gerry Weber : Q1 consolidated EBITDA up 7.7% to 15.6 million euros ($16.75 million) . In Q1 of 2016/17, Gerry Weber International AG generated consolidated sales revenues of 209.2 million euros ($224.64 million), down 2.1 percent . Expects sales revenues for current financial year 2016/17 to be 2% to 4% below prior year level (previous year: 900.8 million euros) . Projects 2016/2017 consolidated EBITDA reported of between 60 million and 70 million euros (previous year: 77.3 million euros) .Q1 consolidated earnings before interest and taxes (EBIT) improved by 5.1% to 4.1 million euros.  Full Article