Denmark · Delayed Price · Currency is DKK Matas Earnings Call Transcripts
Fiscal Year 2026
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Q3 saw record sales in Matas and continued cost discipline, but KICKS faced high-end segment declines and competitive pricing pressures. Guidance for full-year growth and margins is reaffirmed, with accelerated plans for assortment and digital expansion.
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Group sales grew 4.4% year-over-year (currency neutral), with strong Matas growth and KICKS gaining share despite headwinds. EBITDA margin improved, inventory built up for peak season, and full-year guidance maintained. Unified digital platform and new store openings support long-term strategy.
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Revenue grew 6% (4.7% currency-neutral) with 17% online growth and stable EBITDA margin, as integration and logistics investments drive operational efficiency. Guidance for revenue, margin, and CapEx is maintained despite FX headwinds and market volatility.
Fiscal Year 2025
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Delivered 7% revenue growth and improved EBITDA margin to 14.5%, with strong online and segment performance. Guidance for next year is 3%-7% revenue growth and further margin improvement, supported by new logistics centers and increased capital returns.
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Revenue grew 7.7% year-over-year with strong gains in both online and stores, and EBITDA margin improved to 17.6%. Membership surpassed six million, synergies and operational execution drove margin gains, and guidance for the year is reaffirmed.
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Revenue grew 6.8% year-over-year with stable EBITDA margin, driven by strong e-commerce and brand launches. Guidance for revenue growth was raised, and logistics investments are on track despite a non-recurring cost overrun. High-end beauty and omnichannel strategy continue to fuel market share gains.
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Revenue grew 6.2% year-over-year in Q1, with EBITDA margin rising to 15% and strong online sales growth. Strategic investments in logistics and assortment expansion are on track, supporting guidance for 4%-7% revenue growth and 14.5%-15.5% EBITDA margin for the year.