Today, Birkenstock Holding plc announced its financial results for the fourth quarter and fiscal year ended September 30, 2024.
The Company reported a revenue growth of 21% for fiscal year 2024 based on reported figures and 22% when adjusted for constant currency. This performance exceeded the Company’s guidance of 20%. The growth was driven by sustained strong consumer demand for its products across all segments, channels, and categories.
Oliver Reichert, CEO of Birkenstock Group, told investors today, “I’m proud to be reporting very strong 2024 results, with both revenue and Adjusted EBITDA coming in ahead of our expectations. I want to thank the BIRKENSTOCK team for their hard work and strong execution in 2024. We closed the year with 22% revenue growth, reaching over EUR 1.8 billion in our first year as a public company, continuing our decade-long track record of 20%+ revenue growth.”
“As we look into 2025 and beyond, we are confident in our ability to deliver on our medium to long-term objectives for mid-to-high teens revenue growth, gross profit margin of around 60% and Adjusted EBITDA margin of over 30%.” he concluded.
According to the company press release, “In the Americas, BIRKENSTOCK delivered constant currency revenue growth of 19% in fiscal 2024, supported by continued growth in both the B2B and DTC channels.”
By CEO NA Editorial Staff
