ABOUT YOU Holding SE: SCAYLE's Bold Vision Promises Double-Digit Growth

• ABOUT YOU Holding SE announces strategic vision and financial outlook for SCAYLE, aiming for double-digit top- and bottom-line growth in B2B enterprise commerce.
• SCAYLE targets revenue growth from EUR 47 million in FY 2023/2024 to EUR 175 million by FY 2028/2029, with adjusted EBITDA expected to rise from EUR 25 million to EUR 75 million.
• SCAYLE's expansion strategy includes geographical expansion, new customer wins, and product expansion, with operations now set up in the United States.
• SCAYLE boasts a 70% win rate in enterprise deals, with clients like Manchester United, Deichmann, and FC Bayern, and profits from a take-rate licensing model.
• SCAYLE has a flawless go-live record with 0% failed projects and aims to increase its gross margin from 85% to 90% in the coming years.
• The ABOUT YOU Group operates internationally with two business units: the online fashion store ABOUT YOU and the B2B unit SCAYLE, which supports over 200 online stores.

The next important date, UBS European Conference 2024 | London, United Kingdom, at ABOUT YOU Holding is on 13.11.2024.

The price of ABOUT YOU Holding at the time of the news was 3,2225EUR and was down -0,15 % compared with the previous day.
21 minutes after the article was published, the price was 3,2275EUR this corresponds to a plus of +0,16 % since publication.

ABOUT YOU Holding

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ISIN:DE000A3CNK42WKN:A3CNK4

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