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Global Fashion Group (DE:GFG)
XETRA:GFG
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.12Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes a successful multi-year reset: material structural actions (inventory cuts, assortment rationalization, cost reductions, and platform expansion) led to margin expansion, region-level recoveries and the milestone of group adjusted EBITDA profitability and stronger liquidity. Significant challenges remain — notably SEA top-line decline, active customer contraction, FX and macro volatility, and a seasonal cash cycle — and management’s 2026 guidance remains conservative. On balance, the operational improvements and profitability milestone outweigh the remaining headwinds, supporting a constructive outlook.Company Guidance
Group Adjusted EBITDA Turned Positive
Global Fashion Group delivered positive adjusted EBITDA at the group level and in all three regions in 2025 (group adjusted EBITDA reported as EUR 9m for 2025). Management noted adjusted EBITDA improved materially versus prior years (citing a EUR 62m improvement since 2023 and a EUR 27m increase year-on-year vs 2024), reflecting margin expansion and cost savings.
NMV Exceeds EUR 1 Billion
Group NMV exceeded EUR 1.0 billion in 2025, with Q4 contributing roughly one-third of full-year NMV, and a return to full-year NMV growth in the two largest regions (ANZ and LATAM) on a constant currency basis.
Strong Inventory and Assortment Reset
Inventory reduced by 43% on a constant currency basis since end-2022; brand count rationalized down 26% to remove long-tail SKUs; aged inventory share decreased by 10 percentage points, contributing to healthier gross margins.
Substantial Cost Reductions and Working Capital Release
Total cost base reduced by EUR 106m (16% in constant currency) from 2023 to 2025; working capital released by EUR 88m since 2023; headcount reduced by over 40% across three years, driving improved cash conversion and profitability.
ANZ: Profitable Growth Engine
ANZ (≈50% of group NMV) returned to growth and strong profitability: NMV +6% year-on-year (constant currency), adjusted EBITDA EUR 26m (a EUR 28m improvement vs 2023), record full-year gross margin 49% (+2 percentage points), adjusted EBITDA margin 7% (+3 percentage points), active customers +4%.
LATAM: Clear Turnaround
LATAM (≈30% of group NMV) delivered full-year NMV growth +6% (cc) and moved from adjusted EBITDA -EUR 22m in 2023 to +EUR 3m in 2025. Gross margin improved to 44% (+1 pp), Fulfilled by revenue grew 4x in 2025, marketing services revenue +42%, and revenue per session doubled in Q4.
Progress on Platform-Led Strategy
Marketplace represented 39% of group NMV in 2025 and Platform Services ~4% of group revenue. SEA has an advanced single-stock pool to fulfill brand partner channels; ANZ and LATAM rollout of Fulfilled by is expanding Marketplace share and partner services.
Strong Year-End Liquidity and Q4 Cash Generation
Pro forma cash EUR 185m and pro forma net cash EUR 143m at year-end 2025; Q4 generated normalized free cash inflow of EUR 46m. After planned bond redemptions the company expects ~EUR 153m pro forma cash and has added a EUR 17m revolving credit, bringing adjusted available liquidity to ~EUR 176m.
DE:GFG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:GFG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | €0.25 | €0.31 | +24.60% |
Nov 07, 2025 | €0.30 | €0.29 | -3.33% |
Aug 14, 2025 | €0.39 | €0.38 | -2.56% |
Apr 29, 2025 | €0.30 | €0.27 | -10.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global Fashion Group (DE:GFG) report earnings?
Global Fashion Group (DE:GFG) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Global Fashion Group (DE:GFG) earnings time?
Global Fashion Group (DE:GFG) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Global Fashion Group stock?
The P/E ratio of Global Fashion Group is N/A.
What is DE:GFG EPS forecast?
Currently, no data Available