Ming Le Sports AG reported preliminary earnings results for the year ended December 31, 2012. For the year, the company was able to increase its revenues by 47.3% (33.0% in RMB terms) to EUR 286 million, which were entirely generated by the sale of the company's innovative sportswear products and clearly surpassed the forecasted revenue threshold of EUR 250 million. In the same period EBIT improved by 45.4% to EUR 69.8 million (2011: EUR 48.0 million) resulting in an EBIT margin of 24.4%. Net profit increased from EUR 42.0 million by 45.7% to EUR 61.1 million while the net profit margin of 21.4% nearly remained on the same high level (2011: 21.6%) despite an increase in administrative expenses in context of the IPO. For 2013, the management estimates revenue growth to amount to approximately 25%, while expecting EBIT to increase by 23% to 25%.

Ming Le Sports AG has developed and designed a series of outdoor products as well as protective safety boots. Ming Le pro-actively pursues its strategy target-oriented, enabling the company to flexibly respond to uncertain market developments as well as to domestic and international economic changes. The strategy is based on innovative product development and diversified production, which ensures solid growth. Furthermore, it creates the basis for design, competitiveness on the one hand and reduces market risks efficiently on the other hand. Driven by innovation, Ming Le developed a new collection made of waterproof and comfortable products, addressing the target group that enjoys the outdoors, while meeting their demands and offering them a completely new experience.

Ming Le Sports AG announced unaudited preliminary revenue results for the financial year 2012. During the reporting period revenues increased significantly by 47% from EUR 194 million in 2011 to EUR 286 million in 2012. Therewith, the company has clearly surpassed the forecasted revenue threshold of EUR 250 million.