Q1 2024 Results Unveiled: Global Fashion Group's Financial Performance Revealed

• Global Fashion Group S.A. reported Q1 2024 results with margin gains despite demand pressure - Net Merchandise Value decreased by 16.5% and revenue decreased by 18.8% at constant currency - Marketplace NMV achieved 41% share of total NMV - Gross Margin increased to 44.0% and Adj. EBITDA Margin improved to (11.3)% - Active Customers decreased by 18.5% and Order Frequency decreased by 5.7% - GFG confirms full year guidance for 2024 with expected NMV decrease of 5-15% and Adjusted EBITDA of €(25)-(45) million

The next important date, Quarterly report, at Global Fashion Group is on 30.04.2024.

The price of Global Fashion Group at the time of the news was 0,2370EUR and was down -4,63 % compared with the previous day.

Global Fashion Group

+2,61 %

+0,12 %

-11,57 %

-26,03 %

-62,01 %

-98,01 %

-96,91 %

ISIN:LU2010095458WKN:A2PLUG

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