The perfumery chain Douglas posted higher revenue and earnings in the 2024/25 financial year. However, in the final quarter the company felt the impact of greater customer price sensitivity and intensifying competitive pressure from discount promotions, Douglas said in Düsseldorf on Thursday. In the financial year to the end of September, revenue rose by 2.8% to just under 4.6 billion euros. Earnings before interest, taxes, depreciation and amortisation (EBITDA) improved by 3.6% to 756.5 million euros.
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“In a very volatile and therefore challenging year, we delivered results broadly in line with expectations,” said Group CEO Sander van der Laan. He expects the European premium beauty market to remain on a growth trajectory, although consumer uncertainty could persist. For the new 2025/26 financial year, Douglas anticipates a slight increase in revenue to between 4.65 and 4.8 billion euros, while the adjusted EBITDA margin is likely to decline from 16.8% to around 16.5%.
In the medium term, Douglas is targeting low- to mid-single-digit percentage growth and a stable adjusted EBITDA margin. The company is also exploring expansion beyond Europe: Group CEO van der Laan sees significant potential in the Gulf region, given its affluent clientele, and is considering market entry. A final decision is expected during 2026.
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