Douglas AG Adjusts 2024/25 Forecast Amidst Market Slowdown

Douglas AG has revised its 2024/25 financial forecast due to weakening customer sentiment and slower market development in the European premium beauty sector. Influential markets like Germany and France have shown a notable slowdown. The company cites growing macro-economic and geopolitical tensions as contributing factors to this downturn. Uncertainty in Germany's economic landscape and potential international trade conflicts are also impacting consumer purchasing power across Europe.

As a result, Douglas AG has adjusted its projections. The forecasted net sales have been lowered to approximately 4.5 billion euros, down from a previous estimate of 4.7–4.8 billion euros. The adjusted EBITDA margin is expected to be around 17%. Additionally, the net income projection has been reduced to approximately 175 million euros, from an initial estimate of 225–265 million euros.

Despite these adjustments, the company's guidance on Net Working Capital remains stable. Douglas AG will further assess its leverage ratio and mid-term guidance, with more information expected during the Q2 reporting on May 15, 2025.