Samsonite to Pursue Dual Listing
The Company recently announced outstanding results for the year ended
"After conducting a preliminary review of potential paths forward to enhance value for shareholders of the Company, the Board determined to focus on pursuing a dual listing," said Mr.
The Company noted that its pursuit of a dual listing is at an early stage. The Company will make further announcement(s) in accordance with applicable laws and regulations, as and when appropriate.
Shareholders and potential investors in the Company should exercise caution when dealing in the shares and/or other securities of the Company.
About Samsonite
With a heritage dating back to 1910,
For more information, please contact: |
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Tel: +852 2422 2611 |
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Email: william.yue@samsonite.com |
Email: helena.sau@samsonite.com |
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Tel: +1 212 355 4449 |
Email: Samsonite-JF@joelefrank.com |
Forward-looking Statements
This press release contains forward-looking statements. Forward-looking statements reflect the Company's current views with respect to future events and performance. These statements may discuss, among other things, the Company's net sales, gross profit margin, operating profit, Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA margin, cash flow, liquidity and capital resources, potential impairments, growth, strategies, plans, achievements, distributions, organizational structure, future store openings or closings, market opportunities and general market and industry conditions. The Company generally identifies forward-looking statements by words such as "expect", "seek", "believe", "plan", "intend", "estimate", "project", "anticipate", "may", "will", "would" and "could" or similar words or statements. Forward-looking statements are based on beliefs and assumptions made by management using currently available information. These statements are only predictions and are not guarantees of future performance, actions or events. Forward-looking statements are subject to risks and uncertainties.
If one or more of these risks or uncertainties materialize, or if management's underlying beliefs and assumptions prove incorrect, actual results may differ materially from those contemplated by a forward-looking statement. Among the factors that could cause actual results to differ materially are: the effect of worldwide economic conditions; the effect of political or social unrest and armed conflict; the effects of inflation; a general economic downturn or generally reduced consumer spending; significant changes in consumer spending patterns or preferences; competition; interruptions or delays in the supply of finished goods or key components; the performance of the Group's products within the prevailing retail environment; and financial difficulties encountered by customers and related bankruptcy and collection issues.
Forward-looking statements speak only as of the date on which they are made. The Company's shareholders, potential investors and other interested parties should not place undue reliance on these forward-looking statements. The Company expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws and regulations.
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SOURCE Samsonite