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Stock market news: In short news style a la Twitter/X. Everything that is relevant - at a glance. The entry page for the informed investor. Compact, worth knowing and always up to date. Directly from the IR departments of the companies.
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% [ … ]
Wed, 10.08.2022
Westwing Group SE
Munich, August 10, 2022 // Westwing Group SE (“Westwing”, “the Company”) revised its outlook for the full year 2022.
Based on the Company’s recent trading with a third quarter to date 2022 Gross Merchandise Volume (GMV) decline of -10% vs prior year driven by worsening macroeconomic conditions, Westwing revised its outlook for the full year 2022.
[ … ]
Wed, 10.08.2022
Westwing Group SE
Munich, August 10, 2022 // Westwing Group SE (“Westwing”, “the Company”) revised its outlook for the full year 2022.
Based on the Company’s recent trading with a third quarter to date 2022 Gross Merchandise Volume (GMV) decline of -10% vs prior year driven by worsening macroeconomic conditions, Westwing revised its outlook for the full year 2022.
[ … ]
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 [ … ]
Fri, 17.06.2022
Westwing Group SE
Munich, June 17, 2022: Today, the Supervisory Board appointed Andreas Hoerning, currently Chief Commercial Officer of the company, as the new Chief Executive Officer (CEO) of Westwing Group SE with effect from July 1, 2022. Stefan Smalla will leave the Management Board by mutual agreement as of June 30, 2022. The Supervisory Board has resolved a co [ … ]
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 [ … ]