Report
About You : Strict cost focus in FY 2023-24 to get to breakeven
>Some 3% sales growth in Q4, DACH with good growth driven by discounts - Yesterday, About You reported its results for FY 2022-23 (ending February). Sales rose 10% y-o-y to € 1,905m (consensus: € 1,916m, ODDO BHFe: € 1,917m), in line with expectations. This implies some 3% sales growth for Q4, i.e. a slowdown as expected due to the strict cost focus. In Q4, the DACH region grew 15% following a weaker Q3. However, this was largely volume driven and supported by disco...
Underlying
ABOUT YOU HLDG AG
Provider
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.
Andreas Riemann
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