Key Market Indicator:
In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000A2N4H07
Thu, 10.11.2022
Westwing Group SE
Westwing reports third quarter 2022 results
Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019
Annualized cost reductions of EUR 30m were implemented to return to Adjusted EBITDA profitability and positive Free Cash Flow in FY 2023
Decisive l [ … ]
Thu, 10.11.2022
Westwing Group SE
Westwing reports third quarter 2022 results
Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019
Annualized cost reductions of EUR 30m were implemented to return to Adjusted EBITDA profitability and positive Free Cash Flow in FY 2023
Decisive l [ … ]
Thu, 11.08.2022
Westwing Group SE
Westwing reports second quarter 2022 results
Westwing delivered EUR 103m revenue in the second quarter of 2022 at a year-over-year growth rate of -22% against a backdrop of a very low consumer demand in Home & Living
In comparison to its pre-pandemic size, Westwing’s topline performed strongly, growing at a compound annual growth rate of +21% [ … ]
Thu, 11.08.2022
Westwing Group SE
Westwing reports second quarter 2022 results
Westwing delivered EUR 103m revenue in the second quarter of 2022 at a year-over-year growth rate of -22% against a backdrop of a very low consumer demand in Home & Living
In comparison to its pre-pandemic size, Westwing’s topline performed strongly, growing at a compound annual growth rate of +21% [ … ]
Fri, 17.06.2022
Westwing Group SE
Andreas Hoerning, current Chief Commercial Officer and Founder of the Westwing Collection will become CEO of Westwing Group SE on July 1, 2022.
Stefan Smalla, Founder & current CEO, leaves the Management Board by mutual agreement effective June 30, 2022 and will continue to advise the company.
The company will embark decisively on the next le [ … ]
Wed, 11.05.2022
Westwing Group SE
Westwing reports first quarter 2022 results
Westwing delivered revenue of EUR 111m in the first quarter of 2022 at -20% growth year-over-year against an extraordinary baseline from last year in a challenging demand environment with low consumer sentiment
Adj. EBITDA for the Group amounted to EUR -1.7m at -1.5% Adj. EBITDA margin driven by lowe [ … ]
Tue, 29.03.2022
Westwing Group SE
Westwing reports profitable growth for FY 2021: EUR 522m revenue at 21% growth yoy and EUR 40m Adj. EBITDA at 7.7% Adj. EBITDA margin 2021
Westwing reports growth on top of a strong baseline from 2020: Revenue grew to EUR 522m at a year-over-year growth rate of 21%
Westwing generated EUR 40m profits amid supply chain headwinds and increased gr [ … ]
Thu, 24.02.2022
Westwing Group SE
Westwing Group SE: Conversion into European Public Stock Corporation Complete
Munich, 24 February, 2022 // Westwing, the leader in inspiration-based Home & Living eCommerce in Europe, announces the conversion of Westwing Group AG into a European stock corporation (Societas Europaea, SE) which was completed on 23 February, 2022 by entry in t [ … ]
Thu, 20.01.2022
Westwing Group AG
Westwing reports revenue growth of 21% year-over-year to EUR 522 million with a two-year growth of 96% as it expanded its high-margin Westwing Collection in 2021
The fourth quarter concluded a successful FY 2021 for Westwing with revenue growing to EUR 522m, resulting in strong growth rate of 21% year-over-year and a two-year growth rate of 96%
T [ … ]
Thu, 11.11.2021
Westwing Group AG
Westwing delivers EUR 103m revenue with year-over-year growth of 5% in Q3 2021 on top of a high baseline from previous year
Topline level shift confirmed: EUR 103 million revenues in Q3 2021; 5% revenue growth year-over-year on top of last year's extraordinarily high baseline
Summer seasonality is also visible in profitability: EUR -0.4 millio [ … ]