The company anticipates that the transformation and restructuring program will deliver an increase in EBITDA (incl. rent) of more than 20 million euros, predominantly impacting the years 2025 and 2026. Based on current planning, the overall cash outflow for the program is expected to total around 9 million euros.
Also, with the change from adjusted EBITDA to EBIT, the company aims to increase transparency and provide a deeper insight into its financial performance from 2025 onward.
The restructuring program includes the reduction of personnel costs, price adjustments and discount reviews, the optimization of operational processes and the closure of all eight international stores – five in Austria, two in Sweden and one in Switzerland. The company currently operates a total of around 70 stores.
