Outlook 2005/2006 The Board of Management's outlook for the current fiscal year 2005/2006 is optimistic. Given the continued positive and – compared with last year – significantly higher level of incoming orders, plus the growth measures now introduced, ESCADA not only seeks to expand Group sales further but will also strive to achieve an over-proportional increase in the Group's EBIDTA and net income.
Wolfgang Ley, CEO of ESCADA AG said ESCADA has weathered the storms of a persistently difficult market for luxury fashion. We achieved the sales targets we set ourselves and exceeded our profit expectations. Thus, we have proven ourselves to the capital markets once again as a reliable partner. I am convinced that the current fiscal year 2005/2006 will be a successful one for ESCADA that will be based on a sustained profitable growth.
Germany based A prestige international fashion house ESCADA is offering coordinated apparel, accessories and fragrance collections for day, weekend, evening and sport.