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Licenses

Sales licenses (in EUR million)

Sales licences (in EUR million) (bar chart)

Profit development licenses (in EUR million)

Profit development licences (in EUR million) (bar chart)

Sales growth in the license business

The license business developed well in fiscal year 2015. Sales were up by 8% on the prior year both in the reporting currency and local currencies, totaling EUR 62 million (2014: EUR 58 million). The articles produced by partners include fragrances, eyewear and watches. A key factor behind the sales growth was a double-digit increase in license income from watches and eyewear. License income from fragrances also grew.

At EUR 52 million, the license segment profit was up year on year (2014: EUR 49 million).

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