Brief: About You Delivers Resilient Top-Line Growth And Confirms Full-Year Guidance In Q1 2022/2023

ABOUT YOU Holding SE

07/07/2022 06:08

July 7 (Reuters) - ABOUT YOU HOLDING SE  YOUG.DE :
    * ABOUT YOU DELIVERS RESILIENT TOP-LINE GROWTH AND CONFIRMS
FULL-YEAR GUIDANCE IN Q1 2022/2023
    * ABOUT YOU DELIVERS RESILIENT TOP-LINE GROWTH AND CONFIRMS
FULL-YEAR GUIDANCE IN Q1 2022/2023
    * TOP-LINE GROWTH OF +19.4% YOY TO EUR 504.1 MILLION IN Q1
2022/2023, AGAINST BACKDROP OF CHALLENGING MACROECONOMIC
CONDITIONS AND CONSUMER SENTIMENT EFFECTS ACROSS EUROPE
    * GROUP ADJUSTED. EBITDA 1  OF EUR -28.8 MILLION (MARGIN:
-5.7%)
CAUSED BY CONTINUED INVESTMENTS IN STRATEGIC GROWTH INITIATIVES
AND ONE-TIME EFFECTS, RELATING TO RUSSIA-UKRAINE CONFLICT
    * GROWTH IN CUSTOMERS AND FREQUENCY, NORMALISING VALUE:
+27.7% YOY
ACTIVE CUSTOMERS TO 11.8 MILLION LTM 2  IN Q1 2022/2023, AOF 3 :
3.0X (+5.4% YOY) AND AOV 4 : EUR 56.8 (-2.2% YOY), AS
NORMALISATION OF RETURNS RATE IS OFFSETTING PRICE INCREASES
    * COMMERCE SEGMENTS WITH SOLID REVENUE GROWTH (DACH: +9.6%
YOY,
REST OF EUROPE: +23.3% YOY) - DACH ADJUSTED. EBITDA MARGIN
DECREASED TO 4.1% (-3.8PP YOY), ROE TO -20.1% (-2.1PP YOY)
    * SEGMENT TECH, MEDIA, AND ENABLING (TME) WITH CONTINUED
HIGH
REVENUE GROWTH (+45.2% YOY) REGARDLESS OF TOUGH COMPARATIVES,
DRIVEN BY EXPANSION OF SCAYLE - ADJUSTED. EBITDA MARGIN IMPROVED
TO 14.0% (+0.4PP YOY)
    * GUIDANCE FOR FY 2022/2023 REITERATED: +25.0 TO 35.0% GROUP
REVENUE GROWTH YOY (EUR 2,165 TO 2,338 MILLION), ADJUSTED.
EBITDA OF EUR -70 TO -50 MILLION (MARGIN: -3.2 TO -2.1%),
SUPPORTED BY COMPREHENSIVE BOTTOM-LINE MEASURES ON PATH TO
PROFITABILITY

Source text for Eikon:  ID:nEQ8QjPMJa 
Further company coverage:  YOUG.DE 

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