Global Blue Reports Strong Q4 and FY2022/23 Financial Results With a Significant Improvement Across All Key Metrics
Significant improvement in Adjusted EBITDA to €78.0M in FY2022/23 vs (€9.9M) in FY2021/22, representing 46% of that of FY2019/20 Strong cash position with ~€240M of cash and cash equivalents as of March 31, 2023 ~€211M strategic equity investment from Certares & Knighthead in June 2022, enabling Global Blue to continue pursuing strategic add-on acquisitions and to fund working capital requirements associated with the significant recovery underway Further acceleration of the recovery in April/May 2023 Tax Free Shopping Issued Sales-in-Store like-for-like1 in Continental ...
Source: marketscreener.com