KPS AG Lowers 2024/2025 Revenue and EBITDA Forecast Amid Weakening Retail Demand
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KPS AG has lowered its financial guidance for the 2024/2025 fiscal year due to weakening retail demand. The company now expects revenue between €118 million and €122 million, down from €129.5 million to €151.5 million. EBITDA is forecasted to be between €4.1 million and €6.1 million, reduced from €10.2 million to €14.9 million. This adjustment is attributed to decreased investment willingness among retail clients, leading to project postponements. KPS AG is implementing efficiency and cost-saving measures, which may affect short-term results.
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