Global Blue Reiterated FY24/25 Outlook For Adj. EBITDA Of More Than €200M
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2024 | $6.00 | Outperform | Oppenheimer |
| 9/12/2023 | $8.00 | Buy | Deutsche Bank |
Strong YoY growth in Group H1 Revenue of 20% to €250m with a 36% increase in Adjusted EBITDA(1) to €102m Strong improvement in H1 Adjusted EBITDA margin of 4.6pts to 40.7% and a 64% drop-through(2) Solid acceleration in LTM Adjusted EBITDA to €175m vs €164m in the previous quarter Financial guidance(3) for FY24/25 Adjusted EBITDA between €185m and €205m Share buy-back increased from $10m to $15m and extension of the program until November 2025 Global Blue Group Holding AG (NYSE:GB) today announces its financial results for the second quarter and six month period ended September 30, 2024. Global Blue's CEO, Jacques Stern, commented: "We are pleased to report a strong
Fresh data from Global Blue reveals that the worldwide growth in Tax Free Shopping is positive across Continental Europe and Asia Pacific: Issued Sales in Store like-for-like year-on-year performance reached +17%1 in October 2024. A sustained performance in Continental Europe for international shopping In Continental Europe, the issued Sales in Store growth rate increased by +12%1 in October 2024 vs. last year. This growth was led by a +14%1 increase in the number of shoppers and was slightly impacted by a softening of -2%1 in the average spend per shopper, as a result of an overall inflation slowdown. When examining origin markets, the positive momentum in issued Sales in Store growth
On November 22, 2024, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the fiscal year 2024/25 second quarter and half year period ended September 30, 2024. The financial results will include Management's Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor presentation. An audio recording of commentary on the results by Jacques Stern, Chief Executive Officer, and Roxane Dufour, Chief Financial Officer, will also be made available. These materials can be accessed via the Investor Relations section
On November 22, 2024, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the fiscal year 2024/25 second quarter and half year period ended September 30, 2024. The financial results will include Management's Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor presentation. An audio recording of commentary on the results by Jacques Stern, Chief Executive Officer, and Roxane Dufour, Chief Financial Officer, will also be made available. These materials can be accessed via the Investor Relations section
On August 28, 2024, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the fiscal year 2024/25 first quarter ended June 30, 2024. The financial results will include Management's Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor presentation. An audio recording of commentary on the results by Jacques Stern, Chief Executive Officer, and Roxane Dufour, Chief Financial Officer, will also be made available. These materials can be accessed via the Investor Relations section of the company's website a
On June 5, 2024, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results for the fiscal year ended March 31, 2024, in its Annual Report on Form 20-F. The financial results will include Management's Discussion and Analysis of the Financial Position and Results of Operations in addition to the accompanying Consolidated Financial Statements and Notes, press release and investor presentation. An audio recording of commentary on the results by Jacques Stern, Chief Executive Officer, and Roxane Dufour, Chief Financial Officer, will also be made available. These materials can be accessed via the Investor Relations section of the company's website at
6-K - Global Blue Group Holding AG (0001799983) (Filer)
6-K - Global Blue Group Holding AG (0001799983) (Filer)
F-3/A - Global Blue Group Holding AG (0001799983) (Filer)
Oppenheimer initiated coverage of Global Blue with a rating of Outperform and set a new price target of $6.00
Deutsche Bank initiated coverage of Global Blue with a rating of Buy and set a new price target of $8.00
SC 13G/A - Global Blue Group Holding AG (0001799983) (Subject)
SC 13G - Global Blue Group Holding AG (0001799983) (Subject)
SC 13D/A - Global Blue Group Holding AG (0001799983) (Subject)