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DGAP-News GLOBAL FASHION GROUP DELIVERS OUTSTANDING QUARTER, REAFFIRMING FULL YEAR OUTLOOK

Nachrichtenquelle: EQS Group AG
12.05.2021, 08:00  |  310   |   |   

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)%
 
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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 …

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