Tom Tailor Group reports flat sales rise in Q1

The Tom Tailor Group said that the company's consolidated sales of 218.9 million euros (238 million dollars), similar to prior year's quarter level. Consolidated gross profit amounted to 116.2 million euros (126 million dollars) against 118.9 million euros reported same quarter, last year. The gross margin reached 53.1 percent compared to 54.3 percent. Reported EBITDA increased to 8.7 million euros (9.4 million dollars), while EBIT amounted to 1.6 million euros (1.7 million dollars) against 5.9 million euros (6.4 million dollars).