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Stock impact report

Global Blue Delivers a Strong Q3 FY23/24 Financial Performance, With Continued Double-digit Growth, Healthy Profitability, and Active de-Leveraging [Yahoo! Finance]

Global Blue Group Holding AG Ordinary Shares (GB) 
Company Research Source: Yahoo! Finance
Continued improvement in the Group's Annualized Adjusted EBITDA to €159m in Q3 FY23/24 vs. €142m in Q2 FY23/24 Strengthened balance sheet, with a strong improvement in LTM net leverage ratio to 3.6x Financial guidance reiterated — FY23/24 Adjusted EBITDA of €145-165m SIGNY, Switzerland, February 23, 2024 BUSINESS WIRE )--Global Blue Group Holding AG (NYSE:GB and GB.WS) today announces its financial results for the third quarter and nine month period ended December 31, 2023. Global Blue's CEO, Jacques Stern, commented: "We are pleased to report another strong performance for the Group, with continued progress across the business through the third quarter and first nine months of the year. "We delivered a 26.2% YoY increase in Revenue and a 65.2% YoY increase in Adjusted EBITDA in Q3 FY23/24, supporting an annualized quarterly Adjusted EBITDA of €159m and giving us increased confidence in our FY23/24 Adjusted EBITDA guidance of €145-165m. "Towards the latter part of the q Show less Read more
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