Tom Tailor Holding Se Reports Earnings Results for the First Quarter of 2018; Provides Earnings Guidance for the Year 2018
In the financial year 2018, the company is aiming to compensate in part for the slight decline in sales due to the RESET measures through profitable growth in the core markets and individual growth markets such as Russia and Southeastern Europe. Thus, a moderate increase in the EBITDA margin compared to the previous year is forecasted, with an upgrade of the digital infrastructure and analytics capabilities to support this development. The company targets EBITDA margin of 10% at the end of the year.