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Everything about Bike24

  • Bike24 closed off 2024 positively and is eyeing double digit growth in the beginning of 2025. - Photo Bike24
    Financial11 Mar 25

    E-commerce retailer Bike24 shifts gears towards renewed growth

    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 However, the full results for the 2024 financial year will not be published until March 26.

  • Founded in 2002, Bike24 has evolved from a specialised online retailer in the cycling sector to a leading e-commerce platform in continental Europe with a focus on the premium segment. – Photo Bike24
    Financial17 Jan 25

    Bike24 adjusts 2024 sales forecast downwards

    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".

  • Bike24’s decision to focus on ‘enthusiasts’ turns out to be the best for their financial reports. – Photo Bike 24
    Financial15 Nov 24

    Bike24 retains upward sales trend in e-commerce during Q3

    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."

  • Bike24 is forecasting sales growth of between 1-5% for 2024 as a whole. – Photo Bike 24
    Financial21 May 24

    Online retailer Bike24 slowly returning to growth in 2024

    DRESDEN, Germany - Encouragement can be found in German e-commerce bike, running and swimming sports retailer Bike24 Holding AG's first quarter results. Here, an expected return to growth with improved profitability as well as an impressive growth in Bike24's relatively young Benelux country markets can be seen.

  • Bike24’s total sales were down -16% to €61.1 million in the third quarter due to persistently poor consumer sentiment in the core market DACH. - Photo Bike24
    Financial7 Nov 23

    Bike24 reports Q3 sales drop but foresees comfortable inventory level

    DRESDEN, Germany - German e-commerce outlet Bike24 Holding has reported a 16% drop in total sales to €61.1 million in Q3, despite full bike sales seeing a 26% upturn due to an 'expanded brand portfolio'. In addition, the margin improvement initiatives continue to show positive development during the third quarter of 2023.

  • Despite all ongoing challenges, the Dresden-based online-retailer is confident that the high level of inventories in the market will go back to normal in the second half of 2023. – Photo Bike24
    Financial4 May 23

    Online player Bike24 hit hard by high inventories

    DRESDEN, Germany - In its latest financial statement, online retailer Bike24 Holding AG speaks of a "persistently uncertain economic environment" which results in a year-on-year decline of its net sales by 10.5% to € 55.27 million in Q1-2023. In addition, increasing financing expenses exceeded € 10 million in the first three months of this year.

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