ABOUT YOU Adjusts EBITDA Outlook for FY 2024/2025

ABOUT YOU Holding SE announced a revised outlook for its adjusted EBITDA in FY 2024/2025, reflecting a rise driven by improved revenue and strategic measures. Revenue for Q2 2024/2025 increased by 2.4% year-on-year, reaching EUR 450.1 million, with notable growth in the DACH region. Adjusted EBITDA improved significantly by over EUR 10 million, standing at EUR 12.8 million for the first half.

The e-commerce group's strategy combined marketing investments with operational efficiencies, resulting in a rising customer base and increased average order value. The SCAYLE division saw over 20% growth in annual recurring revenue, and its subsidiary secured a German payment services license, enhancing its future expansion potential.

Management has narrowed expected revenue growth to 1% to 7% and raised EBITDA expectations to EUR 15 million to EUR 35 million. This is supported by strong business performance and targeted marketing campaigns.