BIKE24 Reports Strong Start to 2025 with Double-Digit Growth

BIKE24 Holding AG has reported a robust beginning to 2025 with a 17.8% increase in group revenue, reaching EUR 58.0 million. The company experienced double-digit growth across all European regions, notably in Germany, Austria, and Switzerland. Localisation strategies notably boosted growth in Poland and Finland, despite completion only in February.

Despite a seasonally weaker demand period and winter promotions, Adjusted EBITDA rose by EUR 2.1 million, signaling increased efficiency. In parallel, personnel costs reduced from EUR 6.9 million to EUR 6.1 million year-over-year, indicating effective efficiency measures.

Inventory was reduced by 6.7% compared to March 2024, with improved product range and availability due to optimized order cycles. Despite positive initial results, BIKE24 maintains its cautious full-year forecast amid macroeconomic uncertainties, targeting revenue between EUR 233 million and EUR 242 million.