Hugo Boss Ag S/Adr (BOSSY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to our full year 2025 financial results presentation hosted by Daniel Grida, CEO of Hugo Boss and Yves Miller, CFO and COO. Today's conference call will be structured in three parts. Daniel will begin by outlining the key strategic milestones we achieved in 2025. Yves will then walk you through our financial performance for the past fiscal year and elaborate in detail on our outlook for 2026. Before I hand over to Daniel, allow me to remind you that all revenue-related growth rates will be discussed on a currently adjusted basis, unless otherwise specified. During the Q&A session, please limit your questions to a maximum of two. So let's get started, and over to you, Daniel. Thank you, Christian. Good morning, everyone, and thank you for joining us today. Let me begin by saying that 2025 unfolds against a challenging industry backdrop. Macroeconomic and geopolitical volatility kept uncertainty high and consumer sentiment cautious across many key markets. This led to reduced traffic as well as increased price sensitivity among consumers. In such an environment, it was essential to stay agile and act with clarity and determination. Throughout the year, we focused on the levers within our control acted with discipline, and took deliberate decisions to set the right course for long-term business success. And while 2025 clearly does not reflect the full potential of Hugo Boss, I'm proud of how our teams have navigated the highly volatile market environment and delivered on our commitments for the year, both on the top and bottom line. In 2025, we generated sales of 4.3 billion euros up 2% year over year and broadly in line with the global apparel industry. Our bottom line development was especially strong with EBIT up 8% to 391 million ...