Ahlers posts 13.2 percent drop in Q1 sales

Sales revenues in the first quarter of 2019/20 at Ahlers Ag, the company said, were mainly influenced by the discontinuation of sales of Pierre Cardin and Pioneer ladies’ trousers as well as Jupiter jackets, which sent sales revenues falling by 3.2 million euros or 5.4 percent. Moreover, the company added, delayed jeans deliveries amounted to drop of 3.3 million euros or 5.6 percent. Also, the company further said that the other operations were unable to defy the declining market trend and resulted in revenue decrease by 1.3 million euros or 2.2 percent. All these factors sent group sales revenues falling by 7.8 million euros or 13.2 percent to 51.2 million euros (55.6 million dollars).