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Hugo Boss Q3 operating profit slightly beats expectations


Hugo Boss Q3 operating profit slightly beats expectations

(Reuters) - Hugo Boss' third-quarter operating profit slightly beat market expectations on Tuesday, as it reported a 1% increase in currency-adjusted group sales amid persistently weak demand in China.

Its quarterly earnings before interest and tax (EBIT) were down 7% on the year at 95 million euros ($103.3 million), while analysts were expecting 90 million euros, a company-provided poll showed.

($1 = 0.9193 euros)

(Reporting by Linda Pasquini and Ozan Ergenay in Gdansk; Editing by Milla Nissi)

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