Douglas accomplished its monetary yr 2022/23 with report outcomes. The European main premium magnificence retail chain posted web gross sales of 4.1 billion euros between October 2022 and September 2023 (in comparison with 3.65 billion euros on the identical interval in 2021/22), rising by 12.1% and surpassing the edge of 4 billion euros in web gross sales for the primary time within the firm’s historical past.

Each gross sales in shops (+13.0%) and within the e-commerce channel (+10.3%) contributed double-digit to this efficiency.

On the similar time, Douglas achieved an EBITDA [1] of 725.9 million euros, up 22.3% in comparison with the identical interval of economic yr 2021/22 (593.4 million euros). For the primary time because the outbreak of the COVID pandemic, Douglas reported a web revenue as the online revenue considerably improved to 16.7 million euros in 2022/23 from -313.8 million euros within the earlier yr.

“Our sturdy monetary efficiency proves the power of our well-positioned omnichannel enterprise mannequin and distinctive buyer proposition“, mentioned Douglas Group CEO Sander van der Laan. “We are going to proceed to construct on this success by persistently implementing our ‘Let it Bloom’ technique with varied initiatives already began this yr. Douglas is effectively on monitor to keep up its progress trajectory and obtain the Group gross sales goal of 5 billion euros by 2026.”

Particularly, Douglas continues to develop its retailer community and is ramping up its tempo and actions in Central Jap Europe, a key progress area for the group. Within the monetary yr 2022/23, Douglas opened 39 new shops, 26 of them on this area. These embrace, amongst others, new places in Poland, Estonia and Romania, whereas the primary shops have been opened in two new nations Belgium and Slovenia. On the similar time, 76 shops have been modernized.