THE FACT THAT? Douglas Group reported a year-on-year sales increase of 3.2% in the third quarter of 2024/25 to €1 billion, returning to growth after a drop in the second quarter, and reaffirmed its full-year guidance.
THE DETAILS Excluding the sale of the online pharmacy Disapo, sales increased by 4%, e-commerce by 8.2% and in-store sales by 2.1%. Central and Eastern Europe led regional gains (+10.5%), offsetting lower demand in France (-0.9%). Net income improved to €17.3 million from a loss of €71.6 million last year. For the first nine months, sales reached €3.6 billion, an increase of 2.9%, with an 8.5% increase in reported EBITDA.
Douglas continues to expand its omnichannel network, opening 22 new stores and renovating 39 in the third quarter under its “Let it Bloom” strategy.
THE WHY? Steady growth in key markets and strong online momentum support Douglas’ profitability and confirm its outlook for fiscal year 2024/25.
Fountain: Douglas
