29.05.20241min
Annual Press Conference 2024
Annual Press Conference 2024
In the 2023/24 financial year, the Otto Group succeeded in holding its own comparatively well in an enormously challenging market environment and made noticeable progress in its operating result. In particular, EBITDA increased by 155 million euros to 744 million euros compared to the equivalent period last year. The globally active retail and services group's temporary focus on profitability and liquidity has thus paid off.
Key Figures
Total revenue
€15 billion
The reported revenue of the Hamburg-based retail and services Group for the past financial year amounted to EUR 15 billion.
EBITDA
€744 million
Otto Group has increased the operating result before interest, taxes, depreciation, and amortization (EBITDA) by 155 million euros to 744 million euros compared to the equivalent period last year, thereby improving operating profitability.
