Global Blue Group Holding AG (NYSE:GB) Q1 2025 Earnings Conference Call
August 28, 2024 8:00 AM ET
Company Participants:
Jacques Stern – President and CEO
Roxane Dufour – CFO
Conference Call Participants:
Jacques Stern:
Good morning, good afternoon. I am Jacques Stern, the CEO of Global Blue. Today, Roxane Dufour will be joining me to present the Q1 figures.
An executive summary of our presentation reveals a strong Q1 performance and a positive outlook for the fiscal year ’24-’25, with a confirmed adjusted EBITDA guidance of €200 million. Key figures include a revenue growth of 25% and an adjusted EBITDA margin improvement to 37%, highlighting our operational efficiency and cost management efforts.
We are pleased to announce a 10 million share repurchase program approved by the Board to reflect our confidence in the company’s performance and cash flow generation.
Roxane Dufour:
Thank you, Jacques. I am Roxane Dufour, the CFO of Global Blue. Let’s dive into the financial performance for Q1 ending on June 30, 2024.
After a solid start to the year, we reiterate our guidance and long-term targets. Our strategies for revenue growth, drop-through efficiency, and cost management remain on track.
Jacques Stern:
In our latest trends analysis, July’s performance aligns well with our expectations, showcasing a positive outlook for the company. We are confident in our financial guidance and have initiated a share buyback program to signal our commitment to enhancing shareholder value.
Thank you for joining us today. Roxane and I will be available for further discussions. We look forward to the next earnings call. Stay tuned for Q2 updates.
Question-and-Answer Session
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