ISIN:DE000A2N4H07

EQS-News: In Q1 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin further

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星期五, 五月 10, 2024
Annual general meeting, Investment, Exhibition, Management, GMV, Growth, EUR, Collection, Milan Furniture Fair

In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market.

Key Points: 
  • In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market.
  • Westwing continued its growth trajectory in the first quarter of 2024 with both Gross Merchandise Volume (GMV) and revenue up by 6% year-over-year.
  • With regards to profitability, Westwing reported EUR 6 million of adjusted EBITDA in the first quarter of 2024 (Q1 2023: EUR 5 million), corresponding to an adjusted EBITDA margin of 5.8%.
  • The improvement in adjusted EBITDA profitability was supported by the continued expansion of the high margin Westwing Collection and improvements in fulfilment costs.

EQS-News: Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024. Topline outlook remains cautious.

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星期三, 四月 10, 2024
EUR, Software as a service, Science Based Targets initiative, Growth, Breuninger, FY, Shop, Science, Collection, Marketing, Annual general meeting, Investment, Working capital, GMV, Targets

Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024.

Key Points: 
  • Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024.
  • Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024.
  • Westwing also delivered profitability in the upper half of the updated (increased) guidance, with EUR 18 million Adjusted EBITDA in FY 2023.
  • Due to the ongoing challenging market environment as well as topline risks in Italy and Spain, Revenue outlook for 2024 is still cautious.

EQS-News: Westwing Group SE Trading Update: Westwing setzt profitables Wachstum im Q4 2023 fort und bestätigt die aktualisierte Prognose für das Geschäftsjahr 2023

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星期二, 一月 30, 2024
Westwing, Gruppe, Trading, Update, Wachstum, Prognose, Quartal, GMV, Anstieg, Management, Free, Cashflow, Vergleich, Container (Informatik), Verbesserung, NR, Beautiful, Living, Elektronischer Handel, Information, Bezug, Ergebnis, Trotz, Unternehmen, Prime, Strategie (Wirtschaft), Bakterielles Wachstum, GJ

EQS-News: Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance

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星期二, 一月 30, 2024
Social media, Annual report, Adjustment, GMV, Collection, EUR, FY, Growth, Pharmaceutical industry

Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance

Key Points: 
  • Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance
    The issuer is solely responsible for the content of this announcement.
  • Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance
    Westwing´s GMV in the fourth quarter of 2023 reached EUR 147 million, with an increase of +4% year-over-year.
  • Management expects Adjusted EBITDA in the upper half of the updated FY 2023 guidance of EUR +13 million to EUR +19 million.
  • Westwing achieved positive Free Cash Flow in the fourth quarter of 2023 and FY 2023, resulting in a net cash increase year-over-year.

EQS-News: Westwing returns to growth with fourth profitable quarter in a row

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星期二, 十二月 26, 2023
Club, GMV, Shop, Collection, Growth, Capital, Film industry

Westwing reported its fourth profitable quarter in a row with an Adjusted EBITDA margin of 3% and an Adjusted EBITDA of EUR 2.4 million in the third quarter of 2023 (EUR +6.8 million vs. Q3 2022).

Key Points: 
  • Westwing reported its fourth profitable quarter in a row with an Adjusted EBITDA margin of 3% and an Adjusted EBITDA of EUR 2.4 million in the third quarter of 2023 (EUR +6.8 million vs. Q3 2022).
  • Top-line growth is expected to continue in the fourth quarter of 2023; Adjusted EBITDA guidance for the full year 2023 raised as of November 6, 2023.
  • Munich, November 9, 2023 // Westwing Group SE (“Westwing” or “the Company”), Europe‘s No.1 in Beautiful Living e-Commerce, announces its results for the third quarter of 2023.
  • In terms of profitability, Westwing reported its fourth profitable quarter in a row.

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

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星期四, 八月 10, 2023
Collection, G&A, Marketing, CAPEX, EBITDA, Love, CEST, Growth, Free cash flow, Adjustment, GMV, Economics, Retail, Film industry, EUR, West Wing

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."