Global Blue Group Holding (GB) has released an update.
Global Blue Group Holding AG has reported a significant year-over-year growth with a 36% increase in revenue to €422m and a 91% rise in Adjusted EBITDA to €149m, surpassing pre-COVID cash generation levels. The company has successfully reduced its net leverage ratio from 6.5x to 3.4x, signaling a stronger financial standing, and is continuing its recovery trajectory, especially in the Asia Pacific region. Confirming its financial guidance, Global Blue is aiming for an Adjusted EBITDA of over €200m in the next fiscal year, reinforcing investor confidence in its strategic direction and operational resilience.
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