Flügger Group (FLUG) Q4 24/25 earnings summary

Executive summary

• Achieved revenue of DKK 2.3bn for FY 2024/25, with EBIT guidance at DKK 94m and 1,701 full-time employees across 313 stores in 19 markets.

• New boutiques opened in the Portugal market, with sales performance reported as flat year-over-year.

• Strategy execution led to increased earnings from core business, with international growth and margin improvements.

• Optimism expressed for future segment performance and market expansion.

Financial highlights

• Revenue grew 3% year-over-year to DKK 2,272m, driven by price increases, product mix, and stable volumes.

• EBIT rose 38% to DKK 94m, supported by cost optimization and strong performance in Poland.

• EBIT margin in North America indexed between 6% and 2%.

• Cost of income reported at 8% of revenue.

• Cash flow from operations reached DKK 256m, with historically high cash flow and reduced investment requirements.

Outlook and guidance

• FY 2025/26 revenue guidance is DKK 2,200m–2,400m, with EBIT expected between DKK 100m–120m, representing a 6–28% increase over last year.

• Guidance provided for organic growth and continued boutique expansion.

• Optimistic outlook for segment growth and market opportunities.