Douglas Confirms Q1 Revenue Uptick While Adjusted EBITDA Margin Narrows
Douglas AG reported first-quarter results confirming preliminary figures: sales of €1.67 billion, a 1.7% year-over-year increase, and adjusted EBITDA of €334 million, amounting to a 19.9% margin, down 1.6 percentage points from the prior year. Net income was €144.8 million, slightly above analyst consensus, while like-for-like sales fell 0.3%. The …