DGAP-News: BIKE24 Holding AG
/ Key word(s): Preliminary Results/Development of Sales
BIKE24: Group sales rise by 25.6% to EUR 250 million in 2021 - Growth target clearly achieved
Dresden, February 1, 2022. On the back of a strong final quarter, Bike24 Holding AG has clearly achieved its growth target for 2021: According to preliminary calculations, the European e-commerce platform's revenues rose to EUR 250 million despite a challenging environment. This is a further increase of 25.6% to the prior year, which had already delivered significant growth. The positive revenue development was driven by a significant increase in the number of active customers to 821 thousand, up 18.2% versus the previous year's reporting date. A proactive procurement approach and solid supplier relationships allowed BIKE24 to largely offset industry-wide supply bottlenecks and delays in the supply chain. Andrés Martin-Birner, co-founder and CEO of BIKE24, adds: "Over the past few months we have taken strategic long-term moves to push ahead with our national and international expansion strategy to base our growth upon a broader foundation: The successful IPO in summer, the relaunch of our web shop and the kick-off for the construction of our new Southern European logistics center in Spain." The new year also saw a very dynamic start for BIKE24. The country-specific web shops for France and Italy have been launched a couple of weeks ahead of schedule. The full results for fiscal year 2021 will be published on March 31, 2022. Media contact: Investor contact:
01.02.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | BIKE24 Holding AG |
Breitscheidstr. 40 | |
01237 Dresden | |
Germany | |
ISIN: | DE000A3CQ7F4 |
WKN: | A3CQ7F |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1274867 |
End of News | DGAP News Service |
|
1274867 01.02.2022
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.