Katjes International: Strong half-year figures and positive outlook for the year as a whole
Group sales increase to EUR 164.8 million (previous year: EUR 157.9 million)
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The Katjes International Group is continuing its growth trajectory and has made a successful start to the 2025 financial year. In the first half of the year, Group sales increased by 4.4% year-on-year to EUR 164.8 million (June 30, 2024: EUR 157.9 million). The consolidated operating result (EBITDA) improved significantly in the traditionally weaker first half of the year to EUR 13.9 million (June 30, 2024: EUR 12.2 million), which corresponds to a margin of 8.4% (June 30, 2024: 7.7%). The main drivers were good price management, strict cost discipline and efficiency improvements.
The two joint ventures launched on the market in the first half of the year got off to a very encouraging start. "Shirin Beauty", founded together with musician Shirin David, successfully launched a high-quality beauty line for the drugstore channel in the second quarter. In addition, Shades Snacks Ltd. achieved a highly successful sales launch in the UK with "Shades by Niko" - a collaboration with YouTuber Niko Omilana - featuring 100% vegan and halal-certified fruit gums in the shape of sunglasses.
In July 2025, it was announced that the majority owner of CPK, in which Katjes International holds a 23% stake, expects to sell the company this year. The finalization of the transaction is subject to certain regulatory factors in France and is expected in the fourth quarter of 2025. Upon closing of the transaction, Katjes International would receive proceeds of up to EUR 80 million.
On August 1, 2025, Katjes International, through its subsidiary Katjes Quiet Luxury, signed an agreement to acquire 60% of the shares in Willy Bogner GmbH, Germany's largest family-owned luxury apparel brand. The remaining 40% will remain in the hands of the Bogner family. The Bogner Group generated net sales of almost EUR 200 million in the financial year 2024/25 and is profitable. The transaction is expected to be completed in September 2025.
To finance the acquisition, the existing corporate bond was increased by EUR 70 million at the beginning of August. The placement met with strong interest from national and international investors and was significantly oversubscribed.
With the strong half-year figures, successful market launches and the announced transactions, Katjes International expects a very strong full year. With the second half of the year, the seasonally strongest phase is still to come. Against this background, Katjes International expects to significantly exceed its guidance with expected sales of at least EUR 400 million and an EBITDA margin of between 9% and 10%.
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.