Overview
Germany online home retailer's 2025 revenue rose 1.1%, reaching upper half of guidance
Adjusted EBITDA for 2025 jumped 84%, significantly above initial guidance
Company started new share buyback program in February 2026
Outlook
Westwing expects 2026 revenue of EUR 470 mln to EUR 495 mln, up 5% to 10% year-over-year
Company sees 2026 adjusted EBITDA of EUR 36 mln to EUR 48 mln, margin of 7.7% to 9.7%
Guidance reflects temporary headwinds from Middle East conflict and elevated energy and fuel prices
Result Drivers
BLACK WEEK & YEAR-END SALES - Q4 revenue growth was driven by strong performance during Black Week and at year-end
PREMIUM ASSORTMENT SHIFT - The negative effect on revenue from shifting to a more premium and smaller product assortment began to subside in Q4
WESTWING COLLECTION GROWTH - High-margin Westwing Collection GMV grew 17% year-over-year to a record EUR 321 mln, increasing its share to 63% of GMV
Company press release: ID:nEQ65hX89a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 449 mln
Q4 Adjusted EBITDA
EUR 44 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the department stores peer group is "buy"
Wall Street's median 12-month price target for Westwing Group SE is €23.50, about 43.7% above its March 25 closing price of €16.35
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 17 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)