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DE000A2N4H07
Fri, 08.11.2024       Westwing Group SE

Company Name: Westwing Group SE ISIN: DE000A2N4H07   Reason for the research: Update Recommendation: Buy from: 08.11.2024 Target price: EUR 17.50 Target price on sight of: 12 months Last rating change: Analyst: Henry Wendisch Q3 review: benefitting change in mix; chg. est. Topic: Westwing released solid Q3 results yesterday, wh [ … ]
Thu, 07.11.2024       Westwing Group SE

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 [ … ]
Fri, 09.08.2024       Westwing Group SE

Company Name: Westwing Group SE ISIN: DE000A2N4H07   Reason for the research: Update Recommendation: BUY from: 09.08.2024 Target price: EUR 17.50 Last rating change: Analyst: Mark Schüssler Solid Q2'24 results // FY'24 guidance confirmed; chg. Westwing released solid Q2 results and was able to continue the trend of [ … ]
Thu, 08.08.2024       Westwing Group SE

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 [ … ]
Wed, 26.06.2024       Westwing Group SE

On track to strengthen the premium H&L one-stop shop in 2024 While 2024 revenue and active customer growth will be affected by headwinds in its International segment resulting from a deliberate and strategic adjustment of the product assortments in Spain and Italy by a low to mid single-digit percentage figure to enhance future scalability [ … ]
Fri, 24.05.2024       Westwing Group SE

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 [ … ]
Fri, 24.05.2024       Westwing Group SE

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 [ … ]
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 [ … ]
Tue, 02.04.2024       Westwing Group

Solid FY figures but muted 2024 outlook; est. & PT chg. Westwing released solid final Q4 results in line with prelims but issued a mixed FY24e outlook. Sales are expected to develop within a range of -3% to +4% yoy in FY 24e, implying a 0.5% yoy sales increase at mid-point to € 415-445m (eNuW old: € 460m, eNuW new: € 442m). T [ … ]
Thu, 28.03.2024       Westwing Group SE

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  [ … ]

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Wednesday, 11.12.2024, Calendar Week 50, 346th day of the year, 20 days remaining until EoY.