Online bicycle retailer Bike24 is raising its financial outlook for its current third quarter, and for the entire financial year. The Dresden-based company expects the positive trend from the first half of the year to continue.
DRESDEN, Germany - Online bicycle retailer Bike24 Holding AG has reported its strongest quarter to date, posting double-digit growth in sales and profits in the second quarter of 2025. The company's CEO and founder, Andrés Martin-Birner, attributes the company's continued financial success to a number of company-wide decisions.
DRESDEN, Germany - Online bicycle retailer Bike24 Holding AG closed its first quarter of 2025 with double-digit revenue growth in all European sales regions compared to the same period of the previous year and a €2.1 million improvement in operating results.
DRESDEN, Germany - After a strong final quarter in 2024, German e-commerce bicycle retailer Bike 24 Holding AG says it has not only confirmed its return to growth, but has also fully achieved its year 2024 profitability target. However, the full results for the 2024 financial year will not be published until March 26.
DRESDEN, Germany - The Management Board of online bicycle retailer Bike24 Holding AG has adjusted its revenue forecast for the 2024 financial year downwards. At the same time, the company confirms its previous forecast for the adjusted EBITDA margin "based on the indicative results for the fourth quarter of 2024".
DRESDEN, Germany - Online retailer Bike24 reports a year-on-year revenue increase of 2.9% to €62.89 million from July to September 2024. In this quarter the category fully assembled bicycles saw a 6% revenue growth to an all-time high of €13.4 million. According to Bike24, "this is the result of our choice for a large brand portfolio and attractive price points."
