After two challenging years, the Otto Group has reported a successful turnaround for the 2024/25 financial year. With stable revenues of around €15 billion and EBIT rising to €276 million (previous year: €8 million), the group has significantly improved its profitability.
At a press conference, CEO Petra Scharner-Wolff expressed her satisfaction: “We accepted the challenges of the market and handled them very well. Accordingly, we are pleased with the past financial year, which has further strengthened our financial stability and allows us to look ahead with confidence.”
Thank you for subscribing to the Carpet Home newsletter
We've sent you an email in order to verify that the entered email address is associated with you. Please make sure you click the link provided in this email to activate your account.