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.
财务指导和长期目标
Global blue所处的宏观和微观经济环境依然非常有利。旅行行业在积极向好发展，特别是高端细分市场，Global blue在实施战略举措以进一步深入市场方面取得了显著进展。同时，Global blue在奢侈品市场的表现持续优于预期，这得益于其对富裕和高净值国际购物者的独特接触。不过，考虑到近期奢侈品市场的放缓，以及集团决定加速500万欧元投资（固定成本）用于未来的增长举措（扩展到新国家，适应日本的业务模式和酒店网关），我们已经调整了2024/25财政年度的调整后EBITDA指导至18500万欧元 - 20500万欧元。
Long-term targets include 8-12% revenue growth, >50% drop-through, and a net leverage ratio of <2.5x.
长期目标包括8-12%的营业收入增长，>50%的盈利转化率，以及净杠杆比率
译文内容由第三方软件翻译。