Latvia · Delayed Price · Currency is EUR AS MADARA Cosmetics Earnings Call Transcripts
Fiscal Year 2025
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2025 saw 12% revenue growth, strong e-commerce and TikTok expansion, and a major shift to Shopify, despite one-off costs impacting EBITDA. Management targets 10%+ growth and double-digit margins for 2026, with continued innovation and global diversification.
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Revenue grew 9% like-for-like, driven by ecommerce and new channels, but profitability declined due to investments in pilot projects. Key markets showed double-digit growth, while Spain excelled with 300% revenue increase. Management targets 10% annual growth and a return to double-digit EBITDA margin.
Fiscal Year 2024
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2024 saw strategic divestments and record profitability, with revenue up 11% like-for-like and a focus on core brand growth. 2025 targets at least 10% revenue growth, driven by online user acquisition, new channels, and geographic expansion, while maintaining stable margins.