Germany’s HSE 24 May Post ‘Record’ Profit, Handelsblatt Reports

HSE 24, the shopping channel bought by AXA Private Equity from Arcandor AG last year, may post a “record profit” this year and have sales of 440 million euros ($591 million), Handelsblatt reported in a news release previewing tomorrow’s edition, citing channel head Richard Reitzner.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

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