Takko Fashion posts record results once again

Takko Fashion has just posted the highest quarterly sales in its history. The fashion retailer continues to gain market share in its home market of Germany and is also performing strongly in other European markets.

Strong like-store growth

In the second quarter of the current fiscal year, Takko Fashion saw revenue rise by 10.8% to 381 million euros. Adjusted EBITDA increased by 12% to a new record of 86.4 million euros. The retailer posted strong like-for-like revenue growth of 7.2%, with all product categories contributing to this growth. The chain had already performed exceptionally well in the first quarter, resulting in revenue for the first half of the year rising 7.1% to 676 million euros and adjusted EBITDA increasing 15.5% to 119.4 million euros. The adjusted EBITDA margin improved to 17.7%, 1.3 percentage points higher than last year’s level.