on KPS AG (isin : DE000A0STZE9)
KPS AG Faces Market Challenges but Expands Customer Base in 2023/2024
KPS AG announced its 2023/2024 financial results, showcasing its resilience in a challenging market. The company earned €145.4 million, contending with market difficulties, notably in the German retail sector. Despite declining revenues, KPS increased its new customer base by 25% through strategic adjustments and international expansion.
KPS reported an adjusted EBITDA of €13.0 million and an unadjusted figure of €6.0 million, impacted by insolvency-related issues from KaDeWe/Signa and The Body Shop. Adjusted EBIT stood at €6.1 million, contrasting an unadjusted loss of €17.8 million. The company anticipates similar challenges in 2024/2025 but remains cautiously optimistic due to its growing customer base.
KPS's forecasts for the upcoming financial year project revenues between €129.5 million and €151.5 million, with EBITDA ranging from €10.2 million to €14.9 million.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all KPS AG news