Global Blue Expects FY24/25 Adj EBITDA Of €185M-€205M (Prior More Than €200M)
Global Blue Expects FY24/25 Adj EBITDA Of €185M-€205M (Prior More Than €200M)
Financial guidance and long-term targets
The macro and microeconomic environment in which Global Blue operates remains highly favorable. The travel industry is experiencing positive trends, particularly in the high-end segment, and Global Blue has made significant progress in implementing strategic initiatives to further penetrate the market. In parallel, Global Blue has continued to outperform in the luxury market, driven by its unique exposure to affluent and high-net-worth international shoppers. That said, considering the recent luxury market slowdown and taking into account the Group's decision to accelerate €5 million of investments (fixed costs) in future growth initiatives (expansion into new countries, adaptation of Japan's business model and Hospitality Gateway), we have adapted our FY24/25 Adjusted EBITDA guidance to €185 million - $205 million.
財務指導和長期目標
Global blue所處的宏觀和微觀經濟環境依然非常有利。旅行行業在積極向好發展，特別是高端細分市場，Global blue在實施戰略舉措以進一步深入市場方面取得了顯著進展。同時，Global blue在奢侈品市場的表現持續優於預期，這得益於其對富裕和高淨值國際購物者的獨特接觸。不過，考慮到近期奢侈品市場的放緩，以及集團決定加速500萬歐元投資（固定成本）用於未來的增長舉措（擴展到新國家，適應日本的業務模式和酒店網關），我們已經調整了2024/25財政年度的調整後EBITDA指導至18500萬歐元 - 20500萬歐元。
Long-term targets include 8-12% revenue growth, >50% drop-through, and a net leverage ratio of <2.5x.
長期目標包括8-12%的營業收入增長，>50%的盈利轉化率，以及淨槓桿比率
譯文內容由第三人軟體翻譯。
