The first-quarter adjusted EBITDA of the European e-commerce platform About You increased to € 15 million, while its EBITDA decreased to € 9.1 million.
The adjusted EBITDA margin increased to 2.9 per cent during the quarter due in part to a 2.2 per cent increase in revenue, or € 518.3 million.
The About You Group is still projecting revenue growth in the range of 1 per cent to 10 per cent for FY 2024–2025, despite a challenging market situation.
“As we celebrate our tenth anniversary, we are proud to have strengthened our margin and liquidity through efficiency gains and cost control. Investments in marketing and technology across both our business units will be the catalyst for accelerating our Group revenue growth going forward,” says Tarek Müller, About You Group’s co-founder and co-CEO in a statement.
The company said that the gross margin increased to 43.2 per cent in the first quarter due to streamlined inventory and a lower discount intensity.
Revenue increased by 1.6 per cent to € 252.7 million in the Germany, Austria, and Switzerland (DACH) sector, with positive growth rates in Germany. In the first quarter, revenue in all other European markets (the Rest of Europe and RoE segments) increased by 2.3 per cent to € 234.1 million.
Over the past 12 months, the average order value climbed by 6.7 per cent to € 58.5, with an average order frequency of 3.1 orders per client.
An adjusted EBITDA of between € 10 million and € 30 million is anticipated as a result of the revenue growth, improved fulfilment and administrative cost-to-sales ratios, and a higher gross margin.
The management board of the corporation projects double-digit growth rates for the group starting in FY 2025/2026.
Bharat Tex Special Report 2026 
