Q1 2024: Mister Spex Reveals 2% Group Revenue Growth, 5% Surge in Germany

• Mister Spex SE reported a 2% revenue growth for the Group and 5% for Germany in Q1 2024.
• The company achieved net sales of €51.1 million in the first quarter of 2024.
• The earlier timing of Easter and warm weather impacted performance in key categories in the first quarter.
• The revenue in the International segment declined by 8%, predominantly driven by the Scandinavian entities, Switzerland, and the UK.
• The adjusted EBITDA has remained roughly flat year-on-year at -3.2% of revenues in the first quarter of 2024.
• Mister Spex reiterates its outlook for fiscal year 2024, expecting revenue growth in the low to mid-single-digit percentage range and a positive adjusted EBITDA margin in the low single-digit percentage range.

The price of Mister Spex at the time of the news was 2,7700EUR and did not change compared to the previous day.
16 minutes after the article was published, the price was 2,7800EUR this corresponds to a plus of +0,36 % since publication.

Mister Spex

+0,69 %

+6,01 %

-0,33 %

-24,91 %

-14,16 %

-88,09 %

ISIN:DE000A3CSAE2WKN:A3CSAE

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