THE WHAT? Douglas Group reported solid full-year sales growth and more than doubled net income in FY 2024/25, meeting updated guidance despite a volatile European beauty retail environment.
THE DETAILS Sales rose 3.5% excluding the divested Disapo business to €4.58 billion, supported by growth across both stores and e-commerce, with online accelerating in the second half. Adjusted EBITDA margin reached 16.8%, while net income increased to €175.4 million, driven in part by lower debt. Fourth-quarter performance was shaped by higher price sensitivity and promotional pressure, resulting in lower profitability despite positive sales momentum. The retailer continued to expand its store network, invest in IT, supply chain and omnichannel capabilities, and signalled potential expansion beyond continental Europe, including a possible entry into the Middle East. For FY 2025/26, Douglas expects sales of €4.65–4.80 billion and an adjusted EBITDA margin of around 16.5%.
THE WHY? As premium beauty markets in Europe continue to grow at a slower pace, Douglas is prioritising profitable omnichannel growth, operational efficiency and selective geographic expansion to navigate shifting consumer behaviour and intensifying competition.
Source: Douglas
The post Douglas Group doubles net income in FY 2024/25 as omnichannel growth offsets softer consumer demand appeared first on Global Cosmetics News.