Report
Andreas Riemann

About You : Q2 in line, FY guidance detailed, strong September

>Some 2% top line growth, but 250bp margin enhancement - Today, Online fashion retailer About You reported results for Q2 24 to end-August. Sales increased 2% y-o-y to € 450m (consensus: € 458m, ODDO BHFe: € 456m), or 2% below the Visible Alpha consensus. DACH grew 9% whereas Rest of Europe was flat. While the number of active customers was down 1%, the average basket was up 6%. Adjusted EBITDA came in at -€ 2m (consensus: -€ 5m, ODDO BHFe: -€ 1m), slightly beating t...
Underlying
ABOUT YOU HLDG AG

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Andreas Riemann

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