Bike24 reports strong first half year results despite high IPO costs

DRESDEN, Germany - Bike24 Holding AG - the German e-commerce bike, running and swimming sports retailer that has been trading on the stock exchange since June, brought in first half year 2021 sales of €127.4 million. Compared to the first six months of the previous year, this is an increase of 44%. With fresh capital established further expansion across Europe is on the cards.