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DE000A2N4H07
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 [ … ]
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 [ … ]
Wed, 31.01.2024       Westwing Group AG

Q4 prelims: Upper end of FY guidance reached; est. chg. Westwing released solid preliminary Q4’23 results, indicating that Q4 GMV was up 4% yoy to € 147m (+37.4% qoq), implying a robust FY’23 GMV of € 481m (flat yoy). As in the past, revenue development will be slightly below GMV development and should increase by 0.4% yoy [ … ]
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  [ … ]
Tue, 23.01.2024       Westwing Group AG

Storytelling-based value and growth play for 2024 With its storytelling-based retail approach and inspiration-driven revenue generation, Westwing is a unique play on the growing online penetration in the home and living segment. The latter still stands at 25% for fashion or >35% for electronics. Its focus on curated home furnishings along wi [ … ]
Wed, 22.11.2023       Westwing Group SE

Westwing Group SE: Share buy-back approved Munich, November 22, 2023 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price  [ … ]
Fri, 10.11.2023       Westwing Group AG

Top and bottom line recovery in full swing, est. & PT chg. Westwing released strong Q3 results and lifted its FY 2023 adj. EBITDA guidance. Q3 sales increased by 5.2% yoy to € 92.9m (eNuW: € 91.3m), indicating a sequential improvement versus Q2 (-1.2% yoy). Sales in DACH returned to growth (3.6% yoy vs. -5.5% yoy in Q2), while Int [ … ]
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  [ … ]
Mon, 06.11.2023       Westwing Group SE

Westwing Group SE: Full year 2023 Adjusted EBITDA guidance raised Munich, November 6, 2023 // Westwing Group SE (“Westwing” or “the Company”) publishes an updated Adjusted EBITDA guidance for the full year 2023. The Company now expects to achieve an Adjusted EBITDA of EUR +13 million to EUR +19 million for the full year 2023 (previously: in the u [ … ]
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  [ … ]

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