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Tue, 07.05.2024
Westwing Group SE
In Q1 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin further
In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market.
The number of active customers increased year-over-year for the first time since the end of the pandemic (+2% year-over-year).
The contribution margin increa [ … ]
Mon, 29.01.2024
Westwing Group SE
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.
Positive quarter-over-quarter growth of Active Customers continued in the fourth quarter of 2023.
Full year GMV [ … ]
Thu, 09.11.2023
Westwing Group SE
Westwing returns to growth with fourth profitable quarter in a row
Topline returned to growth despite a challenging market environment: Gross Merchandise Volume (GMV) in the third quarter of 2023 increased by 5% year-over-year to EUR 107 million.
Westwing reported its fourth profitable quarter in a row with an Adjusted EBITDA margin of 3% and an [ … ]
Thu, 10.08.2023
Westwing Group SE
Westwing’s Q2 2023 results mark third profitable quarter in a row
Topline stabilized in the second quarter of 2023 despite a very challenging market environment; Q2 2023 GMV at EUR 109 million on the same level as in the previous year; Active Customers remained stable as well at 1.3 million vs Q1 2023
Successful expansion of share of wallet with [ … ]
Thu, 11.05.2023
Westwing Group SE
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023
Turnaround on profitability: Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023, an improvement of EUR 7m on Adjusted EBITDA versus the previous year
Westwing is delivering on its cost saving tar [ … ]
Thu, 11.05.2023
Westwing Group SE
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023
Turnaround on profitability: Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023, an improvement of EUR 7m on Adjusted EBITDA versus the previous year
Westwing is delivering on its cost saving tar [ … ]
Thu, 30.03.2023
Westwing Group SE
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022
Westwing reported a positive Adjusted EBITDA of EUR 4m and a positive Free Cash Flow of EUR 12m for the fourth quarter 2022
Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022
Westwing ended the year 2022 wi [ … ]
Thu, 30.03.2023
Westwing Group SE
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022
Westwing reported a positive Adjusted EBITDA of EUR 4m and a positive Free Cash Flow of EUR 12m for the fourth quarter 2022
Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022
Westwing ended the year 2022 wi [ … ]
Wed, 25.01.2023
Westwing Group SE
Westwing Group SE: Sebastian Westrich will become new CFO of Westwing Group SE
Munich, January 25, 2023 // Westwing, the market leader for inspiration based Home & Living eCommerce in Europe, announces a change in the Management Board: Sebastian Westrich will take over the position of Chief Financial Officer (CFO) by 1 August 2023 at the latest [ … ]
Mon, 16.01.2023
Westwing Group SE
Westwing Group SE Trading Update: FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022
Westwing reports a GMV of EUR 481m for the FY 2022, a decline of 18% compared to FY 2021 and a strong positive compound annual growth rate of +16% in GMV compared to pre-pandemic FY 2019, confirming the [ … ]