In Q3 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin year-over-year In Q3 2024, GMV grew by 2% and revenue by 3% year-over-year despite market headwinds and shifts in product assortment. In the DACH segment, topline grew 9 percentage points faster than market. Adjusted EBITDA amounted to EUR 4 million a [ … ]

Westwing continued to grow in Q2 2024 while delivering on its 3-step plan to unlock the Company’s full value potential   In Q2 2024, GMV grew by 5% and revenue by 4% year-over-year. Adjusted EBITDA amounted to EUR 4 million at 3.7% adjusted EBITDA margin (-0.7pp year-over-year) with improved contribution margin and continued investments into bra [ … ]

Munich, 24 May 2024 // Westwing, Europe’s #1 in Beautiful Living e-commerce, proudly announces its expansion into the Portuguese market, launched on May 22nd. With a revenue of €429 million in 2023, Westwing continues its growth trajectory by entering its 12th European market. This marks the first new market expansion since 2014, reflecting Westwin [ … ]

Munich, 24 May 2024 // Westwing, Europe’s #1 in Beautiful Living e-commerce, proudly announces its expansion into the Portuguese market, launched on May 22nd. With a revenue of €429 million in 2023, Westwing continues its growth trajectory by entering its 12th European market. This marks the first new market expansion since 2014, reflecting Westwin [ … ]

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 [ … ]

Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024. Topline outlook remains cautious. In the last quarter of 2023, Westwing’s topline continued to grow (GMV by 4%, Revenue by 2%) despite the challenging market environment, bringing FY 2023 figures to EUR 481 million GMV and EUR 429 million Revenue, the latter in  [ … ]

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  [ … ]