Reuters: Private Equity: Hugo Boss says makes good start to year

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Hugo Boss says makes good start to year Apr 26th 2012, 05:45 FRANKFURT, April 26 | Thu Apr 26, 2012 1:45am EDT FRANKFURT, April 26 (Reuters) - German fashion house Hugo Boss said it had a good start to the year as it reported a 10 percent rise in first quarter sales. "The results for the first quarter show that we are fully on track to achieve our ambitious medium-term targets," Chief Executive Claus-Dietrich Lahrs said in a statement. The group reported first quarter sales of 607 million euros ($800.3 million) and operating profit before special items up 13 percent at 148 million euros. Analysts had been expecting the group to report first-quarter sales of 592 million euros, according to a Reuters poll. ($1 = 0.7585 euros) (Reporting by Victoria Bryan)

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