Key figures
The 2024/25 financial year was very challenging for all market participants, including the Otto Group, due to the ongoing tense geopolitical situation and the continued consumer restraint in important sales markets. Nevertheless, the Otto Group was able to stabilize revenues at the previous year’s level and generate revenues of around EUR 15 billion. Continuing
prioritization of cost discipline produced a significant improvement in earnings, which was reflected in the reported EBITDA and, in particular, EBIT. Financial performance – measured based on the debt service ratio – also improved due to a significant reduction in net financial debt in addition to increased profitability. The 2024/25 financial year was also influenced by a wide range of portfolio measures that have already been implemented, are still ongoing and are also in the pipeline, as well as the optimization of business processes and locations.
Group total¹
| Key figure | 2024/25 | 2023/24 | |
|---|---|---|---|
| Revenue | EUR billion | 14,9 | 15,0 |
| EBITDA | EUR million | 916 | 741 |
| EBIT | EUR million | 276 | 8 |
| EBT | EUR million | 311 | -353 |
| Profit/ loss for the year | EUR million | 165 | -412 |
| Group equity | in EUR mill. | 4.909 | 4.745 |
| Group equity ratio | in % | 36,5 | 34,2 |
| Free cash flow | in EUR mill. | 1.254 | 679 |
| Cash EBITDA | in EUR mill. | 1.620 | 1.361 |
| Net financial debt | in EUR mill. | 2.095 | 2.674 |
| Debt service ratio | in years | 1,3 | 2,0 |
| Debt to equity ratio | ratio | 0,4 | 0,6 |
| Employees | number | 36.304 | 38.462 |
| thereof domestic | number | 21.334 | 22.509 |
| thereof foreign | number | 14.970 | 15.953 |
Sustainability indicators (selected goals from the CR strategy)²
| Key figure | 2024 | 2023 | |
|---|---|---|---|
| Proportion of “preferred fibers” | in % | 66 | 59 |
| Proportion of FSC®-certified furniture products | in % | 90 | 83 |
| Proportion of sustainable catalogue paper | in % | 96 | 94 |
| Proportion of sustainable packaging | in % | 98 | 94 |
Climate target (near-term science-based target)²
|
| At the end of the 2024/25 financial year |
|---|---|
| Sub-target 1: Absolute scope 1 and 2 greenhouse gas emission reduction by 42% by the end of the financial year 2030/31 (compared to financial year 2021/22) | -57% |
| Sub-target 2 Supplier Engagement (until the end of the financial year 2024/25): At least 50% third-party brands and marketplace partners by spend covering purchased goods and services set science-based target by the end of the financial year 2027/28³ | 28% |
| Sub-target 3: Absolute reduction in scope 3 greenhouse gas emissions by 42% by the end of the financial year 2031/32 (compared to the financial year 2021/22) | -16% |
1) The previous year’s figures differ slightly from the Consolidated Financial Statements initially published for Otto (GmbH & Co KG). Refer to the foreword to the Group Management Report for further details.
2) The Sustainability chapter contains a detailed description of the CR strategy.
3) Starting from the financial year 2025/26, we will report separately for third-party brands (target value 75%) and marketplace partners (target value 20%).