DGAP-News

GLOBAL FASHION GROUP DELIVERS OUTSTANDING QUARTER, REAFFIRMING FULL YEAR OUTLOOK

DGAP-News: Global Fashion Group S.A. / Key word(s): Quarter Results/Quarter Results GLOBAL FASHION GROUP DELIVERS OUTSTANDING QUARTER, REAFFIRMING FULL YEAR OUTLOOK 12.05.2021 / 08:00 The issuer is solely responsible for the content of this announcement. GLOBAL FASHION GROUP DELIVERS OUTSTANDING QUARTER, REAFFIRMING FULL YEAR OUTLOOK

Luxembourg, 12 May 2021 - Global Fashion Group S.A. ("GFG"), the leading online fashion and lifestyle destination in growth markets, reported quarterly Revenue and NMV growth of 26.6% and 37.8% respectively, and substantial gross margin and Adj. EBITDA improvements.

	Q1/20	Q1/21
Revenue €m	271.4	301.3
% Constant Currency Growth1	8.1%	26.6%
% € Growth	4.1%	11.0%
NMV €m	372.1	449.9
% Constant Currency Growth1	13.1%	37.8%
% € Growth	9.2%	20.9%
Gross Profit €m	110.1	132.9
% Margin of Revenue	40.6%	44.1%
Adjusted EBITDA €m	(22.7)	(11.5)
% Margin of Revenue	(8.3)%	(3.8)%