on Tonies SE (isin : LU2333563281)
Tonies SE Reports Strong FY 2024 Growth and Profitability
Tonies SE has announced a 33.1% year-on-year revenue increase, reaching EUR 480.5 million for FY 2024. This growth was propelled by strong performances in all markets, particularly in North America, which saw a 49.9% rise in revenue to EUR 210.4 million, becoming the largest market for the company. The DACH region also reported an 11.1% increase in revenue.
The company achieved a milestone by turning positive on free cash flow and net income. Adjusted EBITDA margin improved to 7.5%, signaling enhanced operational efficiency and profitability. Innovations like Clever Pocket Tonies and expansion into new markets, including Australia and New Zealand, contributed to this success.
Tonies remains optimistic about 2025, despite global economic uncertainties. The company plans to provide further guidance as market conditions stabilize, focusing on product innovation and strategic planning to continue its growth trajectory.
R. P.
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