Record Revenue and EBITDA Growth
H1 revenue increased by 20%, and adjusted EBITDA grew by 36% to EUR 102 million. EBITDA margin improved by 4.6 points to 40.7%.
Strong Performance in Tax-Free Shopping Solutions
Tax-free shopping solutions accounted for 77% of group revenue, with completed sales in store growth of 15% and revenue growth of 18% to EUR 102 million.
Improvement in Net Leverage Ratio
Net leverage ratio improved to 2.9x from 4.5x in September last year, showing significant financial stability.
Share Buyback Program
Increased share buyback from $10 million to $15 million, extending the program until November 2025.
Significant Revenue Growth in Asia Pacific
Asia Pacific achieved EUR 31 million in revenue, a remarkable 49% growth driven by strong sales in-store performance.