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Last €7.09 EUR
Change Today +0.143 / 2.06%
Volume 800.0
FT8 On Other Exchanges
As of 3:35 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

firstextile ag (FT8) Snapshot

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52 Week High
04/30/14 - €9.98
52 Week Low
02/6/15 - €5.99
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firstextile ag (FT8) Details

Firstextile Aktiengesellschaft manufactures and sells yarn-dyed and multifunctional fabrics in China and internationally. The company operates in three segments: Fabrics, Uniforms, and Branded Products. The Fabrics segment manufactures and sells fabrics of various colors, patterns, and special features, such as anti-bacterial, anti-static, ultraviolet resistant, flame retarding, skin protecting; and uniform fabrics to trading companies and apparel manufacturers. The Uniforms segment produces fabric for uniform shirts based on client’s specific requirements; and offers entire uniforms consisting of suits, shirts, sweaters, and other accessories to government institutions and enterprises. The Branded Products segment offers menswear under the Firstextile and Varpum brand names; and suits, jackets, pants, sweaters, t-shirts, shoes, and other accessories through a network of 12 retail stores located in Mainland China. The company was founded in 2006 and is based in Frankfurt am Main, Germany. Firstextile Aktiengesellschaft is a subsidiary of Yang GmbH & Co KG.

879 Employees
Last Reported Date: 11/19/14
Founded in 2006

firstextile ag (FT8) Top Compensated Officers

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firstextile ag (FT8) Key Developments

Firstextile AG Reports Preliminary Earnings Results for the Full Year of 2014

Firstextile AG reported preliminary earnings results for the full year of 2014. The company achieved an increase of 7.8% in revenue resulting in the high revenue level in its history. The company's strong EBIT margin of 19.1% underlines the high profitability of its business model. The launch of operations of the new plant is planed in the middle of 2015 and will drive forward sustainable growth of the company. In the financial year of 2014, the company’s revenue amounted to EUR 216.0 million compared to EUR 200.3 million in the previous year. This increase was due to higher revenue in the two segments Fabrics and Uniforms that over-compensated the decrease in the Branded Products segment resulting from the unfavourable economic environment for the corporate gift business as an important part of this segment. Earnings before interest and tax (EBIT) amounted to EUR 41.3 million compared to EUR 41.6 million a year ago.

Firstextile AG Provides Earnings Guidance for the Full Year of 2014

Firstextile AG provided earnings guidance for the full year of 2014. For 2014 the company expected total revenues between EUR 190 million and EUR 210 million and an EBIT margin of between 16% and 18%.

Firstexile AG Presents at 4th Annual Berenberg 1 - 1 Symposium @ German Equity Forum, Nov-26-2014

Firstexile AG Presents at 4th Annual Berenberg 1 - 1 Symposium @ German Equity Forum, Nov-26-2014 . Venue: Maritim Hotel, Theodor-Heuss-Allee 3, 60486 Frankfurt am Main, Germany.


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