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Global Blue AG(GB) - 2024 Q4 - Annual Report
GBGlobal Blue AG(GB)2024-06-05 10:15

slide1 1 GLOBAL BLUE REPORTS A STRONG OPERATIONAL PERFORMANCE WITH IMPROVED FINANCIAL POSITION AND STENGTHENED BALANCE SHEET • Strong YoY growth in Group Revenue of 36% to €422m, alongside a 91% increase in Adjusted EBITDA to €149m in line with short-term guidance • Improvement in Adjusted EBITDA margin of 10ppts to 35.2% and a 64% drop-through(1) • Strengthened balance sheet, with meaningful net leverage ratio(2) improvement to 3.4x in March 2024 (vs. 6.5x in March 2023) and extension of debt maturity to 2 ...