Georg Jensen reports Q4 revenue growth of 6%
Q4 EBITDA increased 4% to DKK 114.1 million and e-business index reached 185, while full-year revenue fell 8% due to COVID-19.
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Luxury Scandinavian design brand
georgjensen.comLast updated
In short: Georg Jensen posted a large deficit on falling revenue as owner Fiskars warned of major changes
Q4 EBITDA increased 4% to DKK 114.1 million and e-business index reached 185, while full-year revenue fell 8% due to COVID-19.
Investcorp sells Georg Jensen to Fiskars for EUR 151.5 million on 14 September 2023. Fiskars supports growth in jewelry and silver categories.
Revenue decreased 7% to DKK 441.2 million, with net loss of DKK 55.7 million due to macroeconomic challenges and higher financial expenses.
Revenue fell 7% to DKK 441m, EBITDA dropped 49% to DKK 27m due to macroeconomic challenges. Gross margin improved to 63.5%.
E-paper Front page News Sport Editorial Crime Money Entertainment Consumer Page 9 Buy Ekstra Bladet+ Buy the newspaper 1224 - Tip Ekstra Bladet Services Closed like a...
Georg Jensen has a rich jewellery heritage, with a distinctive aesthetic defined by a sleek minimalism. Artist-makers including Kim Naver, Nanna Ditzel and Vivianna Torun...
Finnish owner warns of major changes - hits Danish design gemsThe earnings have for several years been in free fall in Finnish Fiskars' largest business area, which the Danish...
Georg Jensen’s flagship on New Bond Street, which opened its doors earlier this year, is as clean-lined and polished as the silverware it displays. The...
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