The Birkenstock Holding PLC achieved sales growth from 12 % to EUR 635 million. The growth was 16 %on a constant currency base. The company recorded double-digit growth in all regions: 10 % (16 % constant) in America, in EMEA by 13 % and in the region of Asia-Pacific by 21 % (24 % constant).
The gross margin rose to 60.5 %, the adjusted EBITDA margin to 34.4 %. The net profit increased by 73 % to EUR 129 million, the adjusted net profit by 26 % to EUR 116 million.
Birkenstock opened 13 new businesses in the reporting period and invested around 22 million euros in the expansion of production capacities. In addition, 3.9 million own shares were bought back for 176 million euros.
The company confirms its forecast for the year 2025: sales growth at the top of the range of 15 to 17 % on a constant currency base and an adjusted EBITDA margin between 31.3 and 31.8 % expects.
Oliver Reichert, CEO of Birkenstock, is also optimistic: “We are convinced that we are well positioned in order to cope with the effects of the current 15 percent US/EU customs agreement through a combination of price adjustments, cost-discipline and inventory management and thus to secure the long-term health and profitability of the Birkenstock brand.”
