Business
Birkenstock Expects Fiscal 2025 Revenues Of At Least €2.09 Billion, Ahead of Guidance; Reaffirms Adjusted EBITDA Guidance Of 31.3%-31.8%
LONON, UK / ACCESS Newswire / September 25, 2025 / Birkenstock Holding plc, (together with its subsidiaries, "BIRKENSTOCK", the "Company" or "we", NYSE: BIRK) today announces that it expects its fiscal 2025 revenues will total at least €2.09 billion, ...
About this update from Birkenstock Holding Plc
[{"type":"text","content":"LONON, UK / ACCESS Newswire / September 25, 2025 / Birkenstock Holding plc, (together with its subsidiaries, "BIRKENSTOCK", the "Company" or "we", NYSE: BIRK) today announces that it expects its fiscal 2025 revenues will total at least €2.09 billion, ahead of its prior guidance. Additionally, the Company announces the acquisition of a production facility near Dresden, Germany for a net price of €18 million.","length":440,"tagName":"p"},{"type":"text","content":"BIRKENSTOCK management is hosting a meeting with analysts and investors at its Munich headquarters today. In conjunction with this event, the Company is pre-announcing its fiscal fourth quarter revenues. The Company expects fourth quarter revenues to total at least €520 million, growth of at least 14% on a reported basis and 18% in constant currency. This would result in full year revenue of at least €2.09 billion, growth of 15.9% on a reported basis and 17.5% in constant currency, above guidance of 15-17%. The Company is also reaffirming its target for Adjusted EBITDA in the range of 31.3-31.8% for the full fiscal year 2025, despite headwinds from F/X. BIRKENSTOCK will release its full fiscal fourth quarter and full year 2025 results on December 18, 2025.","length":766,"tagName":"p"},{"type":"text","content":"Additionally, BIRKENSTOCK announces the acquisition of a production facility near Dresden, Germany for a net purchase price of €18 million. The Company signed the purchase agreement on September 23, 2025 and the acquisition is expected to close in the fiscal first quarter (ending December 31, 2025). This facility includes 78,000 square meters (more than 10 football fields) of production and logistics space and 80,000 square meters of undeveloped land. The facility was built and expanded between 1992 and 2012. The opportunity to acquire this property for the attractive price of €240 per square meter arose due to the bankruptcy of its current owner. The acquisition will fast track the Company's manufacturing capacity build up plans at a favorable cost to a new build. The factory is expected to be operational by the end of fiscal 2027. The incremental capacity will support BIRKENSTOCK's revenue growth ambition and allow for more flexibility among product groups. In the first phase, the facility will add to the sandal, clog and foot...