Westwing Group SE · ISIN: DE000A2N4H07 · EQS - Company News

In Q3 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin year-over-year

In Q3 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin year-over-year In Q3 2024, GMV grew by 2% and revenue by 3% year-over-year despite market headwinds and shifts in product assortment. In the DACH segment, topline grew 9 percentage points faster than market. Adjusted EBITDA amounted to EUR 4 million at 3.7% margin (+1.1 percentage points year-over-year), with improved contribution margin and continued investments into brand awareness. The Westwing...

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07 November 2024 07:00AM
In Q3 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin year-over-year
DE000A2N4H07
In Q3 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin year-over-year In Q3 2024, GMV grew by 2% and revenue by 3% year-over-year despite market headwinds and shifts in product assortment. In the DACH segment, topline grew 9 percentage points faster than market. Adjusted EBITDA amounted to EUR 4 million a...
Westwing Group SE
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08 August 2024 08:00AM
Westwing continued to grow in Q2 2024 while delivering on its 3-step plan to unlock the Company’s full value potential
DE000A2N4H07
Westwing continued to grow in Q2 2024 while delivering on its 3-step plan to unlock the Company’s full value potential   In Q2 2024, GMV grew by 5% and revenue by 4% year-over-year. Adjusted EBITDA amounted to EUR 4 million at 3.7% adjusted EBITDA margin (-0.7pp year-over-year) with improved contribution margin and continued investments into bra...
Westwing Group SE
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24 May 2024 01:53PM
Westwing expands to Portugal.
DE000A2N4H07
Munich, 24 May 2024 // Westwing, Europe’s #1 in Beautiful Living e-commerce, proudly announces its expansion into the Portuguese market, launched on May 22nd. With a revenue of €429 million in 2023, Westwing continues its growth trajectory by entering its 12th European market. This marks the first new market expansion since 2014, reflecting Westwin...
Westwing Group SE
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24 May 2024 01:53PM
Westwing expands to Portugal.
DE000A2N4H07
Munich, 24 May 2024 // Westwing, Europe’s #1 in Beautiful Living e-commerce, proudly announces its expansion into the Portuguese market, launched on May 22nd. With a revenue of €429 million in 2023, Westwing continues its growth trajectory by entering its 12th European market. This marks the first new market expansion since 2014, reflecting Westwin...
Westwing Group SE
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07 May 2024 08:00AM
In Q1 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin further
DE000A2N4H07
In Q1 2024, Westwing continued to grow in a declining market and improved adjusted EBITDA margin further In Q1 2024, revenue grew 6% year-over-year to EUR 109 million in a declining market. The number of active customers increased year-over-year for the first time since the end of the pandemic (+2% year-over-year). The contribution margin increa...
Westwing Group SE
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28 March 2024 08:00AM
Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024. Topline outlook remains cautious.
DE000A2N4H07
Westwing ended 2023 with continued profitable growth in Q4 and started well into 2024. Topline outlook remains cautious. In the last quarter of 2023, Westwing’s topline continued to grow (GMV by 4%, Revenue by 2%) despite the challenging market environment, bringing FY 2023 figures to EUR 481 million GMV and EUR 429 million Revenue, the latter in ...
Westwing Group SE
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29 January 2024 07:43PM
Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance
DE000A2N4H07
Westwing Group SE Trading Update: Westwing continued with profitable growth in Q4 2023 and confirms updated FY 2023 guidance Westwing´s GMV in the fourth quarter of 2023 reached EUR 147 million, with an increase of +4% year-over-year. Positive quarter-over-quarter growth of Active Customers continued in the fourth quarter of 2023. Full year GMV ...
Westwing Group SE
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22 November 2023 07:12PM
Share buy-back approved
DE000A2N4H07
Westwing Group SE: Share buy-back approved Munich, November 22, 2023 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price ...
Westwing Group SE
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09 November 2023 08:00AM
Westwing returns to growth with fourth profitable quarter in a row
DE000A2N4H07
Westwing returns to growth with fourth profitable quarter in a row Topline returned to growth despite a challenging market environment: Gross Merchandise Volume (GMV) in the third quarter of 2023 increased by 5% year-over-year to EUR 107 million. Westwing reported its fourth profitable quarter in a row with an Adjusted EBITDA margin of 3% and an ...
Westwing Group SE
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06 November 2023 09:40PM
Full year 2023 Adjusted EBITDA guidance raised
DE000A2N4H07
Westwing Group SE: Full year 2023 Adjusted EBITDA guidance raised Munich, November 6, 2023 // Westwing Group SE (“Westwing” or “the Company”) publishes an updated Adjusted EBITDA guidance for the full year 2023. The Company now expects to achieve an Adjusted EBITDA of EUR +13 million to EUR +19 million for the full year 2023 (previously: in the u...
Westwing Group SE
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10 August 2023 08:00AM
Westwing’s Q2 2023 results mark third profitable quarter in a row
DE000A2N4H07
Westwing’s Q2 2023 results mark third profitable quarter in a row Topline stabilized in the second quarter of 2023 despite a very challenging market environment; Q2 2023 GMV at EUR 109 million on the same level as in the previous year; Active Customers remained stable as well at 1.3 million vs Q1 2023 Successful expansion of share of wallet with ...
Westwing Group SE
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11 May 2023 08:00AM
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023
DE000A2N4H07
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023 Turnaround on profitability: Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023, an improvement of EUR 7m on Adjusted EBITDA versus the previous year Westwing is delivering on its cost saving tar...
Westwing Group SE
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11 May 2023 08:00AM
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023
DE000A2N4H07
Westwing reports positive Adjusted EBITDA and Free Cash Flow for the first quarter 2023 Turnaround on profitability: Westwing generated a positive Adjusted EBITDA of EUR 5m at 4.9% Adjusted EBITDA margin in the first quarter of 2023, an improvement of EUR 7m on Adjusted EBITDA versus the previous year Westwing is delivering on its cost saving tar...
Westwing Group SE
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24 April 2023 02:03PM
Westwing Group SE: Share buyback approved
DE000A2N4H07
Munich, April 24, 2023 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price without ancillary costs of up to EUR 3.0 millio...
Westwing Group SE
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24 April 2023 02:03PM
Share buyback approved
DE000A2N4H07
Munich, April 24, 2023 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price without ancillary costs of up to EUR 3.0 millio...
Westwing Group SE
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30 March 2023 08:00AM
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022
DE000A2N4H07
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022 Westwing reported a positive Adjusted EBITDA of EUR 4m and a positive Free Cash Flow of EUR 12m for the fourth quarter 2022 Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022 Westwing ended the year 2022 wi...
Westwing Group SE
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30 March 2023 08:00AM
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022
DE000A2N4H07
Westwing reported positive Adjusted EBITDA and Free Cash Flow for the fourth quarter 2022 Westwing reported a positive Adjusted EBITDA of EUR 4m and a positive Free Cash Flow of EUR 12m for the fourth quarter 2022 Despite a challenging market environment, Westwing delivered against its updated guidance for FY 2022 Westwing ended the year 2022 wi...
Westwing Group SE
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25 January 2023 08:58AM
Sebastian Westrich will become new CFO of Westwing Group SE
DE000A2N4H07
Westwing Group SE: Sebastian Westrich will become new CFO of Westwing Group SE Munich, January 25, 2023 // Westwing, the market leader for inspiration based Home & Living eCommerce in Europe, announces a change in the Management Board: Sebastian Westrich will take over the position of Chief Financial Officer (CFO) by 1 August 2023 at the latest...
Westwing Group SE
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16 January 2023 06:18PM
FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022
DE000A2N4H07
Westwing Group SE Trading Update: FY 2022 financial guidance confirmed; positive Adjusted EBITDA and Free Cash Flow in the fourth quarter of 2022 Westwing reports a GMV of EUR 481m for the FY 2022, a decline of 18% compared to FY 2021 and a strong positive compound annual growth rate of +16% in GMV compared to pre-pandemic FY 2019, confirming the ...
Westwing Group SE
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24 November 2022 08:02PM
Westwing Group SE: Share buyback approved
DE000A2N4H07
Westwing Group SE: Share buyback approved Munich, November 24, 2022 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price w...
Westwing Group SE
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24 November 2022 08:02PM
Share buyback approved
DE000A2N4H07
Westwing Group SE: Share buyback approved Munich, November 24, 2022 // - The Management Board of Westwing Group SE has decided today, with the approval of the Supervisory Board, to buy-back up to a maximum of 600,000 shares of the Company (this equals up to approximately 2.87% of today’s share capital) at a total maximum aggregate purchase price w...
Westwing Group SE
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10 November 2022 08:00AM
Westwing reports third quarter 2022 results
DE000A2N4H07
Westwing reports third quarter 2022 results Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019 Annualized cost reductions of EUR 30m were implemented to return to Adjusted EBITDA profitability and positive Free Cash Flow in FY 2023 Decisive l...
Westwing Group SE
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10 November 2022 08:00AM
Westwing reports third quarter 2022 results
DE000A2N4H07
Westwing reports third quarter 2022 results Westwing delivered EUR 88m in revenue in the third quarter of 2022 at a year-over-year growth rate of -14%; revenue increased at a CAGR of +14% vs. Q3 2019 Annualized cost reductions of EUR 30m were implemented to return to Adjusted EBITDA profitability and positive Free Cash Flow in FY 2023 Decisive l...
Westwing Group SE
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11 August 2022 08:00AM
Westwing reports second quarter 2022 results
DE000A2N4H07
Westwing reports second quarter 2022 results Westwing delivered EUR 103m revenue in the second quarter of 2022 at a year-over-year growth rate of -22% against a backdrop of a very low consumer demand in Home & Living In comparison to its pre-pandemic size, Westwing’s topline performed strongly, growing at a compound annual growth rate of +21%...
Westwing Group SE
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11 August 2022 08:00AM
Westwing reports second quarter 2022 results
DE000A2N4H07
Westwing reports second quarter 2022 results Westwing delivered EUR 103m revenue in the second quarter of 2022 at a year-over-year growth rate of -22% against a backdrop of a very low consumer demand in Home & Living In comparison to its pre-pandemic size, Westwing’s topline performed strongly, growing at a compound annual growth rate of +21%...
Westwing Group SE
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10 August 2022 07:45PM
Updated guidance for the FY 2022
DE000A2N4H07
Munich, August 10, 2022 // Westwing Group SE (“Westwing”, “the Company”) revised its outlook for the full year 2022. Based on the Company’s recent trading with a third quarter to date 2022 Gross Merchandise Volume (GMV) decline of -10% vs prior year driven by worsening macroeconomic conditions, Westwing revised its outlook for the full year 2022. ...
Westwing Group SE
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10 August 2022 07:45PM
Westwing Group SE: Updated guidance for the FY 2022
DE000A2N4H07
Munich, August 10, 2022 // Westwing Group SE (“Westwing”, “the Company”) revised its outlook for the full year 2022. Based on the Company’s recent trading with a third quarter to date 2022 Gross Merchandise Volume (GMV) decline of -10% vs prior year driven by worsening macroeconomic conditions, Westwing revised its outlook for the full year 2022. ...
Westwing Group SE
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17 June 2022 08:27AM
Westwing appoints Andreas Hoerning as new CEO from July 1, 2022 with Founder Stefan Smalla moving to an advisory role
DE000A2N4H07
Andreas Hoerning, current Chief Commercial Officer and Founder of the Westwing Collection will become CEO of Westwing Group SE on July 1, 2022. Stefan Smalla, Founder & current CEO, leaves the Management Board by mutual agreement effective June 30, 2022 and will continue to advise the company. The company will embark decisively on the next le...
Westwing Group SE
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17 June 2022 08:23AM
CEO change at Westwing Group SE - Andreas Hoerning will succeed Stefan Smalla as CEO from July 1, 2022
DE000A2N4H07
Munich, June 17, 2022: Today, the Supervisory Board appointed Andreas Hoerning, currently Chief Commercial Officer of the company, as the new Chief Executive Officer (CEO) of Westwing Group SE with effect from July 1, 2022. Stefan Smalla will leave the Management Board by mutual agreement as of June 30, 2022. The Supervisory Board has resolved a co...
Westwing Group SE
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11 May 2022 08:00AM
Westwing reports first quarter 2022 results
DE000A2N4H07
  Westwing reports first quarter 2022 results Westwing delivered revenue of EUR 111m in the first quarter of 2022 at -20% growth year-over-year against an extraordinary baseline from last year in a challenging demand environment with low consumer sentiment Adj. EBITDA for the Group amounted to EUR -1.7m at -1.5% Adj. EBITDA margin driven by lowe...
Westwing Group SE
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29 March 2022 08:00AM
Westwing reports profitable growth for FY 2021: EUR 522m revenue at 21% growth yoy and EUR 40m Adj. EBITDA at 7.7% Adj. EBITDA margin 2021
DE000A2N4H07
  Westwing reports profitable growth for FY 2021: EUR 522m revenue at 21% growth yoy and EUR 40m Adj. EBITDA at 7.7% Adj. EBITDA margin 2021 Westwing reports growth on top of a strong baseline from 2020: Revenue grew to EUR 522m at a year-over-year growth rate of 21% Westwing generated EUR 40m profits amid supply chain headwinds and increased gr...
Westwing Group SE
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28 March 2022 06:34PM
Westwing Group SE provides guidance for the full year 2022
DE000A2N4H07
Westwing Group SE provides guidance for the full year 2022 Munich, March 28, 2022 // Westwing Group SE ("Westwing", "the Company") provides guidance for the full year 2022. Based on the Company's planning process, various scenario analysis and 2022 current trading, the Management Board of the Company decided today on the guidance for the full yea...
Westwing Group SE
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24 February 2022 03:12PM
Westwing Group SE: Conversion into European Public Stock Corporation Complete
DE000A2N4H07
  Westwing Group SE: Conversion into European Public Stock Corporation Complete Munich, 24 February, 2022 // Westwing, the leader in inspiration-based Home & Living eCommerce in Europe, announces the conversion of Westwing Group AG into a European stock corporation (Societas Europaea, SE) which was completed on 23 February, 2022 by entry in t...
Westwing Group SE
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20 January 2022 06:30PM
Westwing reports revenue growth of 21% year-over-year to EUR 522 million with a two-year growth of 96% as it expanded its high-margin Westwing Collection in 2021
DE000A2N4H07
Westwing reports revenue growth of 21% year-over-year to EUR 522 million with a two-year growth of 96% as it expanded its high-margin Westwing Collection in 2021 The fourth quarter concluded a successful FY 2021 for Westwing with revenue growing to EUR 522m, resulting in strong growth rate of 21% year-over-year and a two-year growth rate of 96% T...
Westwing Group AG
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11 November 2021 08:00AM
Westwing delivers EUR 103m revenue with year-over-year growth of 5% in Q3 2021 on top of a high baseline from previous year
DE000A2N4H07
  Westwing delivers EUR 103m revenue with year-over-year growth of 5% in Q3 2021 on top of a high baseline from previous year Topline level shift confirmed: EUR 103 million revenues in Q3 2021; 5% revenue growth year-over-year on top of last year's extraordinarily high baseline Summer seasonality is also visible in profitability: EUR -0.4 millio...
Westwing Group AG
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12 August 2021 08:00AM
Westwing reports a successful Q2 2021 with 19% revenue growth and profitability of 8% Adj EBITDA margin
DE000A2N4H07
  Westwing reports a successful Q2 2021 with 19% revenue growth and profitability of 8% Adj EBITDA margin Topline level shift confirmed: 19% revenue growth yoy to EUR 132 million in Q2 2021 Strong profit generation of EUR 11 million Adj EBITDA and 8% Adj EBITDA margin in Q2 2021 Westwing with five consecutive quarters of positive Free Cash Flow...
Westwing Group AG
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12 May 2021 08:00AM
Westwing Group AG: Capital Markets Day 2021 - Westwing targets EUR 1 billion in revenue and more than EUR 100 million in Adj. EBITDA profitability by 2024/25
DE000A2N4H07
Capital Markets Day 2021 - Westwing targets EUR 1 billion in revenue and more than EUR 100 million in Adj. EBITDA profitability by 2024/25 Strategy and initiatives defined to grow to EUR 1 billion in revenue and a very strong profitability of more than EUR 100 million Adj. EBITDA by 2024/25 Westwing is raising its long-term profitability target t...
Westwing Group AG
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30 March 2021 08:00AM
Westwing reports strong 2020 results: EUR 433 million revenue at 62% growth and profitability of EUR 50 million Adj EBITDA
DE000A2N4H07
Westwing reports strong 2020 results: EUR 433 million revenue at 62% growth and profitability of EUR 50 million Adj EBITDA The fourth quarter concluded a very successful year 2020 for Westwing with revenue growing by 62% to EUR 433 million; revenue growth accelerated to 76% in the fourth quarter of 2020 Strong profitability of EUR 50 million Adj ...
Westwing Group AG
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29 March 2021 06:46PM
Westwing Group AG: FY 2021 - Westwing expects revenue of EUR 510-550 million and EUR 42-55 million Adj EBITDA
DE000A2N4H07
Munich, March 29, 2021 // Westwing Group AG publishes its guidance for FY 2021, which is above current market expectations due to an extraordinarily strong start into the year.  Based on preliminary estimates, Westwing expects Q1 2021 revenue growth of c. 100% compared to Q1 2020. Q1 2021 Adj EBITDA margin is expected to be around 14-15%. Given thi...
Westwing Group AG
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14 January 2021 06:15PM
Westwing Group AG Trading Update: FY 2020 GMV growing to EUR 502m; Q4 y-o-y growth accelerating to 79%; Adj EBITDA expected around the upper end of EUR 37-48m FY 2020 guidance
DE000A2N4H07
Westwing Group AG Trading Update: FY 2020 GMV growing to EUR 502m; Q4 y-o-y growth accelerating to 79%; Adj EBITDA expected around the upper end of EUR 37-48m FY 2020 guidance The fourth quarter concludes a very successful FY 2020 for Westwing with Gross Merchandise Volume (GMV) growing by 62% year-over-year to EUR 502m The number of Active Custo...
Westwing Group AG
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10 November 2020 08:00AM
Westwing reports very strong Q3 2020 results based on a continued accel-erated shift towards eCommerce; 66% revenue growth and 11% Adj EBITDA margin
DE000A2N4H07
Westwing reports very strong Q3 2020 results based on a continued accelerated shift towards eCommerce; 66% revenue growth and 11% Adj EBITDA margin Growth in the third quarter 2020 continued on very high levels, further indicating an accelerated eCommerce shift Elevated growth again driven by both, existing customers with higher engagement and re...
Westwing Group AG
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28 October 2020 09:00AM
Westwing Group AG: Westwing announces Delia Lachance' return as Chief Creative Officer
DE000A2N4H07
Munich, October 28, 2020 // Westwing, the leader in inspiration-based Home and Living eCommerce in Europe, is pleased to announce that Delia Lachance will be returning as Chief Creative Officer on November 1, 2020 after being on maternity leave since March 2020. Delia Lachance, Founder & Chief Creative Officer, says: "My daughter is now six mo...
Westwing Group AG
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19 October 2020 07:55PM
Westwing Group AG: Preliminary indications for Q3 2020 results and raised guidance for the FY 2020
DE000A2N4H07
Munich, October 19, 2020 // Westwing Group AG ("Westwing") raises its guidance for the FY 2020 due to a strong Q3 2020 and ongoing elevated demand levels. Based on preliminary indications, Q3 2020 revenue grew by c. 66% compared to Q3 2019. This strong growth was driven by an ongoing consumer demand shift towards eCommerce. Adjusted EBITDA margin f...
Westwing Group AG
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03 September 2020 06:59PM
Westwing Group AG: Updated guidance for the FY 2020
DE000A2N4H07
Munich, September 3, 2020 // Westwing Group AG ("Westwing") increases its guidance for the full year 2020. For the third quarter of 2020, Westwing has so far experienced a substantially more favorable development than expected. Despite lock-down measures being eased, growth continued to be on an elevated level with Q3-to-date GMV growth of c. 55% c...
Westwing Group AG
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13 August 2020 08:00AM
Westwing reports very strong Q2 2020 results based on accelerated shift to eCommerce; 91% revenue growth and generating EUR 23m Free Cash Flow
DE000A2N4H07
Westwing reports very strong Q2 2020 results based on accelerated shift to eCommerce; 91% revenue growth and generating EUR 23m Free Cash Flow   Accelerated eCommerce shift resulted in significant growth across all customer cohorts (existing and new customers) and across all countries Strong Q2 financial results: Revenue growth of 91%, Adj EBIT...
Westwing Group AG
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More Westwing Group SE related information
Type Total Last Made by Go to
Corporate Research 7 8th November 2024 EQS Group AG Corporate Research
Directors Dealings 10 12th November 2024 Hoerning, Dr. Andreas DD
Short Seller (DE) 12 7th February 2023 GSA Capital Partners LLP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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