HUGO BOSS (HUGSF.PK) generated first quarter operating profit (EBIT) of 40 million euros, compared to 1 million euros, prior year. The company said increase in EBIT is mainly attributable to the strong sales growth as well as an improvement in gross margin, as a higher share of full-price sales more than compensated for the persistently high level of global freight and transportation costs. Net income to equity holders was 24 million euros or 0.35 euros per share compared to a loss of 9 million euros or 0.13 euros per share, last year.
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