The chart below shows how GB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GB sees a -5.39% change in stock price 10 days leading up to the earnings, and a +1.95% change 10 days following the report. On the earnings day itself, the stock moves by +0.02%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue and EBITDA Growth: H1 revenue has shown a 20% increase, translating into a 36% increase in adjusted EBITDA to $102 million.
EBITDA Margin Increase: We are happy to report an increase in the EBITDA margin of 4.6 points to 44.7% and a drop-through of revenue to EBITDA of 64%.
Revenue Increase in Shopping Solutions: The group delivered revenue of €132 million, a 17% increase, driven by a solid performance in both tax-free shopping solutions and payments.
EBITDA Growth Achievement: The group delivered an adjusted EBITDA of €58.7 million, a 25% increase reflecting strong revenue growth and the high operating leverage profile of our business.
Adjusted Net Income Decline: We recorded an adjusted net income for the group of €21 million, versus €40 million last year.
Negative
Revenue to EBITDA Drop-through: A drop-through of revenue to EBITDA of 64%.
Adjusted Net Income Decline: A decrease in adjusted net income for the group of €21 million, versus €40 million last year.
Revenue Decline Analysis: A slight decline of 1% in revenue at €0.7 million with a contribution growth here flat at €4 million.
Net Debt Increase Analysis: An increase in net debt of €7 million that I propose to analyze in the next slide.
EBITDA Margin Improvement: A significant improvement in adjusted EBITDA margin increased by nearly five points to 40.7% with a strong 64% drop-through.
Global Blue Group Holding AG (GB) Q2 2025 Earnings Call Transcript
GB.N
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