Home Street Fashion German footwear brand Birkenstock’s revenues jump 20% in FY23

German footwear brand Birkenstock’s revenues jump 20% in FY23

80

German footwear company Birkenstock’s revenue increased by 20 per cent to €1.492 billion in FY23, with unit sales up 6 per cent and ASP rising 14 per cent.
Despite a net profit dip to €75 million in FY23, the company’s adjusted net profit and EBITDA increased.
The Americas region spearheaded growth, while APMA and Europe also saw significant gains.German footwear company Birkenstock’s revenue increased by 20 per cent to €1.492 billion in FY23, with unit sales up 6 per cent and ASP rising 14 per cent.
Despite a net profit dip to €75 million in FY23, the company’s adjusted net profit and EBITDA increased.
The Americas region spearheaded growth, while APMA and Europe also saw significant gains.