Germany’s Otto Group returns to profit with $314.64 mn EBIT in FY24-25
Otto Group has reported revenue just under €15 billion (~$17.1 billion) in financial year 2024-25, with EBIT surging to €276 million (~$314.64 million) and net profit reaching €165 million. Growth in platforms, especially Otto and About You, offset dips in Brand Concepts and retailers. The group launched a new strategy focused on customer needs and core business scaling, aiming for profitability by 2030.
Otto Group has reported revenue just under €15 billion (~$17.1 billion) in financial year 2024-25, with EBIT surging to €276 million (~$314.64 million) and net profit reaching €165 million.
Growth in platforms, especially Otto and About You, offset dips in Brand Concepts and retailers.
The group launched a new strategy focused on customer needs and core business scaling, aiming for profitability by 2030.
