Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers worldwide. The company operates in two segments, Tax Free Shopping Technology Solutions (TFSS) and Added-Value Payment Solutions (AVPS). It offers TFSS, a value added tax (VAT) refund service that allows eligible shoppers to reclaim VAT on goods purchased outside of their home country. The company also provides AVPS, a service which enables customers to pay in their choice of preferred currency, home or destination, at the point of sale when shopping outside of their home country. In addition, it offers currency conversion services for point of sale, e-commerce dynamic currency conversion (DCC) services, and DCC services at ATMs, as well as multi-currency processing services for online retailers. Global Blue Group Holding AG was incorporated in 2019 and is headquartered in Wangen-Brüttisellen, Switzerland.
IPO Year: 2000
Exchange: NYSE
Website: globalblue.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/24/2024 | $6.00 | Outperform | Oppenheimer |
9/12/2023 | $8.00 | Buy | Deutsche Bank |
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
6-K - Global Blue Group Holding AG (0001799983) (Filer)
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6-K - Global Blue Group Holding AG (0001799983) (Filer)
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6-K - Global Blue Group Holding AG (0001799983) (Filer)
6-K - Global Blue Group Holding AG (0001799983) (Filer)
144 - Global Blue Group Holding AG (0001799983) (Subject)
144 - Global Blue Group Holding AG (0001799983) (Subject)
6-K - Global Blue Group Holding AG (0001799983) (Filer)
6-K - Global Blue Group Holding AG (0001799983) (Filer)
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Global Blue, a Europe and APAC-based business partner for the shopping journey, and Shift4, a US-leader in integrated payments and commerce technology, have entered into a definitive agreement under which Shift4 will acquire 100% of Global Blue shares Both companies power billions of transactions annually and aim to provide mission-critical merchant solutions that simplify complex shopping journeys. The combination will create a global leader in commerce and shopping technologies, with a footprint in over 50 countries, serving several hundred thousand of retail and hospitality locations Under the terms of the agreement, Shift4 intends to acquire Global Blue common shares for $7.50 per
The acquisition enhances Shift4's unified commerce capabilities and extends its reach to the 400,000+ retail and hospitality locations utilizing Global Blue's specialized technology solutions supporting cross-border luxury shopping. Shift4 (NYSE:FOUR), the leader in integrated payments and commerce technology, and Global Blue (NYSE:GB), the leading specialty payments and technology platform enabling tax-free shopping, dynamic currency conversion, and payments solutions to the world's largest retail brands, today announced they have entered into a definitive agreement under which Shift4 will acquire Global Blue for $7.50 per common share in cash, representing an 15% premium to Global Blue's
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 +29%1 in January 2025. A Sustained Performance in Continental Europe for International Shopping In Continental Europe, the issued Sales in Store increased by +19%1 in January 2025 vs. last year, closely in line with December growth (+20%1). This growth was led by a +24%1 increase in the number of shoppers and was slightly impacted by a softening of -4%1 in the average spend per shopper. When examining origin markets, US Tax Free Spend led the way at +34%1 vs. last year, followed
On February 26, 2025, 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 third quarter and nine month period ended December 31, 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 sectio
New 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 +23%1 in December 2024. A Sustained Performance in Continental Europe for International Shopping In Continental Europe, the issued Sales in Store increased by +20%1 in December 2024 vs. last year, ahead of November growth (+16%1). This growth was led by a +22%1 increase in the number of shoppers and was slightly impacted by a softening of -2%1 in the average spend per shopper. When examining origin markets, GCC shopper Tax Free Spend led the way at +41%1 vs. last year, followed by
Global Blue Group Holding AG (the "Company") has continued to deliver strong financial results with double-digit growth in revenue and profitability alongside strong cash flow generation in H1 FY2024/25. As a consequence, net leverage reduced from 3.4x in June 2024 to 2.9x in September 2024, and the Company continues to actively de-lever towards its long-term target of less than 2.5x. In light of this strong performance, the Company launched a repricing of its 7-year, €610 million senior secured term loan ("Term Loan"), and €97.5 million senior secured revolving credit facility ("Revolving Facility"). The Company today announced that its subsidiary Global Blue Acquisition B.V. (the "Borro
New 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 +21%1 in November 2024. A sustained performance in Continental Europe for international shopping In Continental Europe, the issued Sales in Store increased by +16%1 in November 2024 vs. last year, slightly ahead of October growth (+12%1). This growth was led by a +19%1 increase in the number of shoppers and was slightly impacted by a softening of -3%1 in the average spend per shopper, as a result of an overall inflation slowdown. When examining origin markets, GCC shopper Tax Free
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 February 26, 2025, 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 third quarter and nine month period ended December 31, 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 sectio
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
On February 23, 2024, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the third quarter and nine month period ended December 31, 2023. 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 w
FY 2023/24 Financial Results On November 29, 2023, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the second quarter and half year period ended September 30, 2023. 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 Rela
Market leadership and technology differentiation drives robust revenue growth, profit margins, and cash flow Adjusted EBITDA guidance for the fiscal year ending March 2024 (FY23/24) of €145-165m (85-115% YoY growth), building on strong proof points during the first months of FY23/24 on the back of travel recovery and technology initiatives. Adjusted EBITDA guidance for fiscal year ending March 2025 (FY24/25) of more than €200m, benefiting from a continued recovery in spend from Asian shoppers and further product investments. Global Blue expects a normalization in growth starting in FY25/26 and is targeting a long-term revenue growth of 8-12% and ‘Revenue-to-Adjusted EBITDA drop-t
Significant increase in both growth and profitability in Q1 FY23/24 – 68% YoY on Revenue and 300%+ YoY on Adjusted EBITDA – off the back of travel recovery and management actions & investments Acceleration of the annualized quarterly Adjusted EBITDA to €141m(1) Global Blue Group Holding AG (NYSE:GB) today announced its financial results for the first quarter ended June 30, 2023. Global Blue's CEO, Jacques Stern, commented: "We are pleased to report a strong start to our financial year, with 68% YoY growth in Revenue and 300%+ YoY growth in Adjusted EBITDA in Q1 FY23/24, such that annualizing the quarter implies Adjusted EBITDA of €141m(1). "We have positioned the business to outp
On August 28, 2023, before the market opens, Global Blue Group Holding AG (NYSE:GB) will release its financial results on Form 6-K for the first fiscal quarter ended June 30, 2023. 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 www.globalb
Significant improvement in Adjusted EBITDA to €78.0M in FY2022/23 vs (€9.9M) in FY2021/22, representing 46% of that of FY2019/20 Strong cash position with ~€240M of cash and cash equivalents as of March 31, 2023 ~€211M strategic equity investment from Certares & Knighthead in June 2022, enabling Global Blue to continue pursuing strategic add-on acquisitions and to fund working capital requirements associated with the significant recovery underway Further acceleration of the recovery in April/May 2023 Tax Free Shopping Issued Sales-in-Store like-for-like1 in Continental Europe (115% in April/May vs. 109% in Q4 FY2022/23) and in Asia Pacific (104% in April/May vs. 87% in Q4 FY202