ISIN:XS2326497802

EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

Retrieved on: 
Wednesday, March 13, 2024

DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Key Points: 
  • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
    IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
    Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
  • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
  • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
  • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

EQS-News: Conference call on the results for the 1st quarter 2023/24 (ending 31 December 2023) on 22 February 2024

Retrieved on: 
Wednesday, March 13, 2024

Düsseldorf, 21 February 2024.

Key Points: 
  • Düsseldorf, 21 February 2024.
  • Douglas, Europe’s leading omnichannel beauty destination, invites you to an analyst update call on the first quarter 2023/24 on 22 February 2024.
  • The conference call on the results will be held at 11:00 a.m. CEST on 22 February 2024.
  • To participate in the conference call, please make use of one of the following options:
    To participate in the audio conference, please use this link to register for the conference call.

EQS-News: DOUGLAS Group sets price range for its IPO

Retrieved on: 
Wednesday, March 13, 2024

The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.

Key Points: 
  • The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.
  • The German Federal Financial Supervisory Authority (BaFin) approved the securities prospectus for the public offer in Germany and listing of DOUGLAS today.
  • With our strong business model and successful growth strategy, the DOUGLAS Group is optimally positioned in a very attractive market.
  • Through Management Equity Programs, the members of the Executive Board as well as current and former managers of the DOUGLAS Group have indirectly invested in the company.

EQS-News: Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Retrieved on: 
Thursday, February 15, 2024

Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Key Points: 
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    The issuer is solely responsible for the content of this announcement.
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    Group sales (net) increased by 8.0% (reported) to around 1.56 billion euros (like-for-like, “lfl”: +7.5%) with continued omnichannel growth: store sales (net) up 6.7%, E-Com sales (net) up 10.7%
    Profitability significantly increased: Adjusted EBITDA increased by 12.6% to 348.3 million euros with a higher adj.
  • Actual Group sales (net) are slightly below the previous communicated +8.3% due to the discontinuation of the Spain restructuring adjustments and minor consolidation effects.
  • “The months from October to December are the most important sales period of the year for us”, said Sander van der Laan, CEO DOUGLAS Group.

EQS-News: DOUGLAS updates sustainability strategy with ambitious goals

Retrieved on: 
Monday, February 5, 2024

The report includes an updated, more ambitious sustainability strategy expanding the previous approach of the 2020/21 financial year.

Key Points: 
  • The report includes an updated, more ambitious sustainability strategy expanding the previous approach of the 2020/21 financial year.
  • We have made good progress on our sustainability journey, for instance in reducing our combined Scopes 1 and 2 emissions in the past years.
  • We are committed to our ambitious goals to further reduce our carbon footprint and to promote sustainable practices.”
    DOUGLAS’ sustainability strategy forms an integral part of the company’s “Let it Bloom – DOUGLAS 2026” strategy, which is focused on accelerating growth through a targeted omnichannel business model and a strict focus on the customer.
  • Moreover, DOUGLAS wants to closely cooperate with its brand partners on ESG and plans to use its marketing reach for raising the visibility of sustainability in the customer journey.

EQS-News: DOUGLAS with strong first quarter 2023/24 - growth strategy on track

Retrieved on: 
Wednesday, January 17, 2024

This once again demonstrates the advantage of DOUGLAS’ omnichannel positioning and its ‘Let it Bloom’ strategy.

Key Points: 
  • This once again demonstrates the advantage of DOUGLAS’ omnichannel positioning and its ‘Let it Bloom’ strategy.
  • We are on track to achieve our ambition of 5 billion euros net sales in 2026."
  • The positive development in the first quarter of 2023/24 proves that DOUGLAS is on the right track.
  • In the mid-term, DOUGLAS has the ambition to grow group sales (net) at a compound annual growth rate (CAGR) of around 7%.