Douglas adjusted core profit rises but misses expectations

Douglas AG

13/02/2025 06:48

Feb 13 (Reuters) - Douglas  DOU1.DE  reported on
Thursday a 1.5% rise in its first quarter adjusted core profit,
below expectations, as it lacked a boost from one-off effects
related to the IPO and strategic projects of the previous year,
the German perfume and cosmetics retailer said. 
    Its adjusted earnings before interest, tax, depreciation and
amortisation (EBITDA) rose 1.5% to 353.5 million euros ($368.88
million in the first three months of its fiscal year 2024/25
ending Sept. 30, below the average of 371.1 million in a Vara
poll.

 (Reporting by Elizaveta Gladun and Linda Pasquini in Gdansk;
Editing by Muralikumar Anantharaman)
 ((elizaveta.gladun@thomsonreuters.com))