Increased demand for birchwood footwear boosting sales figures
**Birkenstock Slays It Again with 21% Revenue Boost 📈
It's time to strap on your Birkenstocks, folks! The iconic shoe manufacturer just smashed their fiscal year ending in September, and let me tell you, it's a stroll in the park for these guys. Their revenue shot up by a staggering 21% to an impressive €1.8 billion, as announced on Wednesday. But that's not all - their adjusted net profit jumped by 16% to a cool €240 million, and their adjusted operating result (EBITDA) soared by 15% to a hefty €555 million.
"Needless to say, both revenue and adjusted EBITDA blew our expectations out of the water," says CEO Oliver Reichert, sounding as thrilled as we are.
But what does this mean for the future? Well, the board has a bold forecast for the current fiscal year. They predict a revenue hike of 15-17%, and a slight increase in the EBITDA margin by up to 50 basis points to a respectable 30.8-31.3%.
So, what's in store for the next quarter? Well, analysts predict Birkenstock to report revenues of around $610.3 million for the quarter ending March 2025, representing a robust 16.8% increase compared to the same quarter last year. Earnings per share (EPS) are expected to reach $0.57, showcasing a whopping 29.6% year-on-year leap.
It's also worth noting that analysts' confidence in the company's earnings potential has been growing, with consensus estimates for EPS seeing a 0.86% upward revision over the past 30 days. These figures suggest an impressive trajectory for the company's financial performance, but we'll have to wait for the official report release and webcast on May 15, 2025, to get the real scoop.
In the meantime, it seems Birkenstock is walking all over the competition! Here's to more stylish strolls in the years to come! 🌟
In this upswing, investors might consider venturing into the thriving business sector of Birkenstock, given the 21% revenue boost and promising forecasts for further growth. The company's financial strategy, demonstrated by the 16% increase in adjusted net profit and 15% jump in adjusted EBITDA, could be an attractive proposition for those interested in investing in the footwear industry.
