Germany’s Birkenstock’s FY24 revenue up 21% YoY, exceeding projections

Birkenstock has reported FY24 revenue of €1.8 billion (~$1.89 billion), up 21 per cent YoY, with strong growth across regions and segments.
Gross margin was 58.8 per cent, net profit rose 155 per cent to €192 million, and adjusted EBITDA grew 15 per cent to €555 million.
For FY25, it projects 15-17 per cent revenue growth, improved margins, €80 million in CAPEX.