DOUGLAS Group Sees 1.7% Sales Growth in Challenging Market

Douglas AG has reported a 1.7% increase in sales for Q1 2025/26, reaching €1.67 billion. Despite a tough market environment, the adjusted EBITDA margin was about 19.9%. The beauty market exhibited mixed trends, with Germany, France, and the Netherlands experiencing weak December sales, though the Central and Eastern Europe (CEE) region performed strongly.

Store sales rose by 0.4%, bolstered by 13 new store openings, while online sales saw a 4.2% increase. Key promotional events such as Singles' Day and Black Week contributed positively but shifted some Christmas purchases forward.

CEO Sander van der Laan emphasized the ongoing challenges due to macroeconomic and geopolitical factors, but expressed confidence in the company's strategic initiatives and market position for future profitable growth. Full-year projections remain unchanged, with expected sales between €4.65 and €4.80 billion and an adjusted EBITDA margin of around 16.5%.