ABOUT YOU Holding SE Reports Positive Results for FY 2023/2024

ABOUT YOU Holding SE announced a successful financial year, achieving a 1.6% growth in group revenue to EUR 1,935.2 million, along with a noticeable improvement in adjusted EBITDA, amounting to EUR 3.2 million, despite challenging market conditions. The company also reported a positive free cash flow of EUR 9.0 million, reflecting significant efficiency gains across all cost lines.

The company's refined strategies, including enhancements in customer loyalty programs, product assortment expansion, and operating model improvements, have supported its growth. Furthermore, ABOUT YOU’s celebrity collaborations have added over 120 exclusive collections, enriching its product offerings.

In addition to its B2C achievements, ABOUT YOU's B2B unit, SCAYLE, has also seen substantial growth, powering over 200 online shops and planning further expansion into North America.

Looking ahead, the Management Board of ABOUT YOU anticipates a revenue growth of 1%-10% for FY 2024/2025 and aims to increase its adjusted EBITDA substantially, driven by continued strategic investments and enhanced operational efficiencies.