DOUGLAS Group Reports Strong Q3 Financial Performance

The DOUGLAS Group showcased robust financial results for Q3 2023/24, with net sales hitting €977.1 million, an uptick of 7.3%. Both stores and e-commerce sectors saw growth, contributing 7.2% and 7.5% respectively.

Adjusted EBITDA rose by 5.6%, reaching €162.9 million, maintaining a margin of 16.7%. For the first nine months, sales increased by 8.7% to €3.5 billion; adjusted EBITDA surged 11.5% to €657.1 million with an 18.8% margin.

Following the strong performance, DOUGLAS raised its annual guidance, anticipating around 8.5% net sales growth and aiming for an adj. EBITDA margin of 18.5%. The company enhanced its supply chain with the integration of parfumdreams logistics and expanded its store network, including a notable reopening in Vienna.