Friday, May 29, 2015

Douglas plans to return to the stock exchange – STAR

F imperious scent on the trading floor: still go the perfume chain Douglas wants this year returned to the stock market. With more than 1,700 stores in 19 countries and online shops in 15 countries Douglas was “uniquely positioned to capitalize on the attractive growth potential in the beauty market,” Douglas said on Friday in Hagen. With the money from the IPO, the company will continue to grow. The offer will consist of shares owned by the owners as well as new shares, Douglas continued to communicate. The new shares will therefore come from a capital increase in the amount of expected EUR 70 million.

Douglas is part of the holding company of the same name to which, inter alia, the Thalia Group and the AppelrathCüpper fashion stores . count The group is held to 80 percent from US investment fund Advent and to 20 percent by the founding family Kreke. The family will also “continue to remain engaged as a partner,” said Douglas CEO Henning Kreke on Friday. Now the time is “for the next chapter come”.

The Douglas Group was eliminated in late 2012 from the Dax in order to refocus and to concentrate entirely on the perfume business , Other parts of the company such as the Christ jewelers and the confectionery brand Hussel were sold.

The perfumery chain Douglas claims to a market share of around 17 percent, the largest in Europe. Approximately 80 percent of sales makes in five core markets, where the Group is particularly well represented. 2014 Douglas took the French perfumery chain Nocibé and expanded to Norway.

is becoming increasingly important for the company’s online trading. In the past two fiscal years, sales there rose according to the company by around 30 percent and now accounts for nearly nine percent of the total turnover of about 2.5 billion euros. In fiscal year 2013/2014 Douglas made a profit before tax of 256 million euros. The first half of 2014/2015 is loud Douglas with a turnover of EUR 1.5 billion and a profit before tax of EUR 180 million run “very successful”. Total perfumery giant has 17,000 employees.


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