West Wing

Personio launches new productivity and employee experience features to unlock the power of people for SMEs

Retrieved on: 
Wednesday, October 4, 2023

New Surveys , Compensation Management and International Absence capabilities allow customers to measure engagement, improve retention, and manage workforces efficiently across borders.

Key Points: 
  • New Surveys , Compensation Management and International Absence capabilities allow customers to measure engagement, improve retention, and manage workforces efficiently across borders.
  • View the full release here: https://www.businesswire.com/news/home/20231004825004/en/
    Hanno Renner, Personio CEO and co-founder (Photo: Business Wire)
    Boosts to employee experience and better ways of working are top of mind for HR managers.
  • Anna Rusinek, Head of Business Development & People Analytics at Westwing, was part of the co-creation committee for Compensation Management, and said: "We put employee experience first.
  • Personio Surveys is a multipurpose, all-in-one tool that enables HR and people leaders to quickly uncover actionable insights through the collection of honest employee feedback.

EQS-News: Westwing’s Q2 2023 results mark third profitable quarter in a row

Retrieved on: 
Thursday, August 10, 2023

Moreover, the number of active customers remained stable at 1.3 million compared to the first quarter of 2023.

Key Points: 
  • Moreover, the number of active customers remained stable at 1.3 million compared to the first quarter of 2023.
  • Revenue in the second quarter of 2023 developed in line with GMV and amounted to EUR 102 million with a slight decrease of -1% year-over-year (Q2 2023: EUR 103 million).
  • Compared to the second quarter of 2019, revenue in the second quarter of 2023 was up by 75%.
  • “We are pleased to report our third profitable quarter in a row, especially considering the challenging market conditions."

EQS-News: Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023

Retrieved on: 
Thursday, May 11, 2023

Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023 (Q1 2022:  EUR -2m), an improvement of EUR 7m versus previous year driven by strong unit economics and the successful implementation of cost saving measures.

Key Points: 
  • Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023 (Q1 2022:  EUR -2m), an improvement of EUR 7m versus previous year driven by strong unit economics and the successful implementation of cost saving measures.
  • The strong unit economics were heavily supported by the continued expansion of the high margin Westwing Collection in the first quarter of 2023.
  • Moreover, Free Cash Flow improved significantly by EUR 27m versus the previous year, amounting to EUR 10m in the first quarter of 2023 (Q1 2022: EUR -17m).
  • Adjusted EBITDA is expected at EUR +4m to +13m at +1% to +3% Adjusted EBITDA margin.

EQS-News: Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022

Retrieved on: 
Friday, March 31, 2023

Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022

Key Points: 
  • Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022
    Munich, March 30, 2023 // Westwing, Europe‘s No.1 in Beautiful Home & Living e-Commerce, announces its audited results for the fourth quarter 2022 and the 2022 fiscal year.
  • Furthermore, based on the fourth quarter profitability in combination with decisive working capital management, Westwing reported a positive Free Cash Flow of EUR 12m in the fourth quarter 2022 (Q4 2021: EUR 3m).
  • Westwing delivered on its updated FY 2022 guidance with group revenues of EUR 431m, a decline of 18% year-over-year (FY 2021: EUR 522m).
  • With regards to profitability, Westwing reported a loss of
    EUR -4m Adjusted EBITDA in FY 2022 (FY 2021: EUR 40m), corresponding to an Adjusted EBITDA margin of -1%.

Carbios appoints four new Board members to strengthen international expertise in brand development, business growth and scientific research

Retrieved on: 
Tuesday, February 7, 2023

The new scientific expertise will also help enhance and advance Carbios’ research into biological solutions for the life cycle of plastics and textiles.

Key Points: 
  • The new scientific expertise will also help enhance and advance Carbios’ research into biological solutions for the life cycle of plastics and textiles.
  • In addition, a sensitivity to CSR issues and proven results in this field was also a key selection factor to join the Board.
  • The new members’ combined strategic vision, solid industry experience and CSR commitments will support Carbios in its industrial and commercial plans.
  • As Carbios now moves towards its industrial and commercial stage, and prepares internationalization, bringing new expertise to the Board is key to success,” commented Philippe POULETTY, Chairman of Carbios’ Board of Directors.

EQS-News: Westwing Group SE Trading Update: FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022

Retrieved on: 
Thursday, February 2, 2023

Westwing Group SE Trading Update: FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022

Key Points: 
  • Westwing Group SE Trading Update: FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022
    The issuer is solely responsible for the content of this announcement.
  • Based on the results of the fourth quarter, Westwing realized a FY 2022 GMV of EUR 481m (FY 2021: EUR 586m), a 18% decline year-over-year.
  • In terms of profitability, Westwing expects a positive Adjusted EBITDA and positive Free Cash Flow in its seasonally strongest fourth quarter 2022.
  • This leads to the Company’s expectation to report Adjusted EBITDA for FY 2022 in the upper half of its guidance (FY 2022 Adjusted EBITDA guidance:
    EUR -15 to EUR 0m).

EQS-News: Westwing Group SE: Sebastian Westrich will become new CFO of Westwing Group SE

Retrieved on: 
Thursday, February 2, 2023

CEO Dr. Andreas Hoerning assumes the CFO responsibility at Management Board level for the interim period.

Key Points: 
  • CEO Dr. Andreas Hoerning assumes the CFO responsibility at Management Board level for the interim period.
  • At the same time, I am very pleased that we have found a strong successor in Sebastian Westrich.
  • Dr. Andreas Hoerning, CEO of Westwing: "I am very much looking forward to working with Sebastian Westrich.
  • With him as the new CFO and the rest of the management team, Westwing is very well positioned for the future.

EQS-News: Westwing reports third quarter 2022 results

Retrieved on: 
Friday, November 11, 2022

Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019

Key Points: 
  • Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019
    Chief Creative Officer Delia Lachance returned full time from maternity leave; seasoned Marketing executive Rik Strubel is joining as Chief Marketing Officer in January 2023
    Munich, November 10, 2022 // Westwing, the leader in inspiration-based Home & Living eCommerce in Europe, announced its results for the third quarter of 2022.
  • Westwing delivered EUR 88m in revenue in the third quarter of 2022 (Q3 2021: EUR 103m) at a negative year-over-year growth rate of -14%.
  • Notably, entering the seasonally strongest fourth quarter of 2022, Westwing recorded a typical seasonal uplift in topline, confirming FY 2022 revenue guidance expectations.
  • Cash and cash equivalents stood at a very strong EUR 64m as per the end of the third quarter of 2022 - reflecting a stable cash position vs. the previous quarter (Q2 2022: EUR 64m).

Kristin Chenoweth to release gift book I'm No Philosopher, But I Got Thoughts with Harper Celebrate on January 17

Retrieved on: 
Wednesday, October 12, 2022

"I think we can all agree that what this tired world needs right now is one big celebration," said Kristin.

Key Points: 
  • "I think we can all agree that what this tired world needs right now is one big celebration," said Kristin.
  • I'm No Philosopher, But I Got Thoughts will be available for purchase in hardcover, ebook, and audiobook with Kristin narrating on January 17, 2023.
  • Attendees who purchase a copy of the book during the TalkShopLive event will receive a signed book and commemorative holiday card.
  • I'm No Philosopher, But I Got Thoughts was acquired for Harper Celebrate by Danielle Peterson from Richard Abate at 3 Arts Entertainment.

"The Chambers - In God We Trust" Supreme Court Series Garners 10+ Awards, Enthusiasm of Critics and Viewers Alike

Retrieved on: 
Tuesday, August 23, 2022

NEW YORK, Aug. 23, 2022 /PRNewswire/ -- "The Chambers – In God We Trust" television series is thrilled to announce that it's taken home more than 10+ awards to date – including Best TV Pilot and Best TV Series.

Key Points: 
  • The fictional supreme court series, created and directed by Sura Khan, explores the courtroom's inner chambers.
  • It follows the supreme court Judge H. Joseph Kimble, played by Bob Lloyd and his staff Fred Kramer, played by actor Anthony LeDonne.
  • Kimble's executive assistant Marsha makes a statement while having dinner on a date with Dan, a gentleman Marsha has seen around the court.
  • The fictional pilot taps the collective's desire to understand what exactly is going on at the U.S. Supreme Court and state supreme courts.