📈 Financial Overview
About You Holding SE achieved a sales total of €1.94B in the financial year, marking a 1.6% increase from the previous year. The boost is credited to a robust final quarter with a 5.2% revenue rise.
🔍 Cost Efficiency
The company enhanced its profitability significantly due to increased gross margins and cost reductions in fulfillment, marketing, and administration relative to sales.
📉 Loss Reduction
Adjusted EBITDA turned positive at €3.2M, a substantial recovery from a €137M loss last year. The overall net loss decreased sharply to €112.2M from €229M.
🚀 Future Projections
"We are on a solid path to profitability," stated the CFO. "This year's results reflect our strategic adjustments and operational efficiencies."
How will About You's strategy evolve?
