Keep up-to-date with current financial news from the DOUGLAS Group. In this section, you’ll get an overview of the latest business developments.
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
18.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
17.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
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16.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
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13.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
12.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
12.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
10.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
09.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
06.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
04.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
04.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
02.09.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
30.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
30.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
28.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
27.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
26.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
23.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
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21.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
20.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Interim Report/9 Month figures Q3 Financial Year 2023/24 (April – June 2024) DOUGLAS Group continues strong financial and business performance in third quarter 2023/24
Düsseldorf, 14 August, 2024 – The DOUGLAS Group, Europe’s number one omnichannel destination for premium beauty, continued its strong financial and business performance in the third quarter of the financial year 2023/24 (April to June 2024) as it successfully further implements its “Let it Bloom” strategy. Since going public in March 2024, the company significantly deleveraged its balance sheet and strategically sharpened its profile as a customer-centric premium beauty retailer. In the third quarter of the financial year 2023/24, the DOUGLAS Group grew sales (net) by 7.3% to 977.1 million euros (Q3 22/23: 910.5 million euros), confirming preliminary numbers published 17 July 2024. Store sales (net) grew by 7.2% (lfl: +6.3%) and E-Com sales (net) 7.5% year-on-year (lfl: +9.8%) – underlining the Group’s uniquely positioned omnichannel business model. Sander van der Laan, CEO of the DOUGLAS Group, said: “Our sustained strong performance and continued growth – even above our expectations – demonstrate the resilience of our business model. Fully focusing on premium beauty is the right course for us, and this strategy strongly resonates with our customers. We’ll continue to build on this success and our strong brand.” High demand for on-site shopping and personal beauty advice DOUGLAS stores across Europe recorded a strong uplift in both visitors (+16.9%) and customers (+8.1%), emphasizing the important on-site experience and personal advice in beauty retail. The online business – which accounted for around one third of total Group sales – developed particularly well in DACHNL and CEE. The DOUGLAS Group has successfully completed the integration of parfumdreams logistics into the OWAC (OWAC = One Warehouse, All Channels) in Hamm, Germany. As a result of temporary operational challenges directly related to the integration, segment sales (net) of PD/NB decreased by -10.2%. For the future, the DOUGLAS Group anticipates a significant positive impact on cost efficiency, profitability and ultimately the customer experience due to the streamlined supply chain. From April to June 2024, the DOUGLAS Group achieved an adj. EBITDA of 162.9 million euros (Q3 22/23: 154.3 million euros), an improvement of 5.6% over the previous year. This corresponds to an adj. EBITDA margin of 16.7% (Q3 22/23: 16.9%). The financial result was impacted by negative one-off effects of around 85 million euros – around 31 million euros of which are cash effective – related to the redemption of secured notes and senior unsecured notes in April following the company’s IPO. Net income thus came in at -71.6 million euros (Q3 22/23: -26.1 million euros). Full-year sales guidance raised due to strong performance in the first nine months In the first nine months of the financial year (October 2023 to June 2024), Group sales (net) increased by 8.7% to around 3.5 billion euros (9M 22/23: around 3.2 billion euros). Growth was driven by both store sales (net) which rose by 8.2% (lfl: +7.4%) and E-Com which grew even stronger at 9.8% (lfl: +11.9%). In the same period, the Group generated an adj. EBITDA of 657.1 million euros, up 11.5% compared to the previous year and corresponding to an adj. EBITDA margin of 18.8% (9M 22/23: 18.4%). Free cash flow rose to 465.2 million euros. Following the sustained positive business development and strong sales (net) numbers for the third quarter and first nine months, the DOUGLAS Group has raised its outlook for the financial year 2023/24 on 17 July 2024. The company now expects net sales to grow around 8.5% (previously: around 7%). The Group is well on track to deliver its mid-term earnings guidance of an expected adj. EBITDA margin of around 18.5%, after 17.7% in the financial year 2022/23. Continuous development of store network – grand reopening in Vienna The store business is a key pillar and growth driver for the DOUGLAS Group; just recently it celebrated the reopening of its “House of Beauty” luxury flagship store in Vienna with a grand ceremony and a visit by Hollywood star and DOUGLAS Group testimonial Diane Kruger. The luxury store offers a strong and curated selection of brands and products as well as individual beauty services on two floors with a sales area of 795m². The company is on track to achieve its target of more than 200 store openings (net) and more than 400 store refurbishments by the end of 2026: In the first nine months of the financial year, it has opened 38 new stores and refurbished 69 existing ones (including relocations). 19 stores were closed in the same period, which included six franchise stores. Truly Beauty, truly Premium: DOUGLAS Group refines its profile In line with its growth strategy “Let it Bloom”, the DOUGLAS Group further sharpened its profile. With the sale of online pharmacy Disapo to Dutch MYA Health completed at the end of July, the Group now fully focusses on its resilient and fast-growing core premium beauty business where it strives to provide the best omnichannel shopping experience for its customers. To further enhance the DOUGLAS Group’s premium positioning across all channels and along all customer touchpoints, the Group websites including the online shop and apps will receive a new look and feel starting in early September, aligned with the premium appeal and identity of the DOUGLAS brand. The redesign aims to create an emotionally engaging and inspiring beauty experience for customers – no matter on which device they prefer to shop. Alongside the new interface and a standardized infrastructure, the online channels will be more closely interlinked with the DOUGLAS and NOCIBÉ stores, offering customers a true omnichannel shopping experience.
Overview Financial Results
Segment Overview: DACHNL (Germany / Austria / Switzerland, The Netherlands / Belgium), France (France, Monaco), Southern Europe (Croatia / Slovenia, Italy, Portugal, Spain / Andorra), Central Eastern Europe / CEE (Bulgaria / Romania, Czech Republic / Slovakia / Hungary, Estonia, Latvia, Lithuania, Poland), PD/NB (Parfumdreams / Niche Beauty)
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,870 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. The DOUGLAS Group (Douglas AG) is listed at the Frankfurt Stock Exchange. For further information please visit the DOUGLAS Group Website. Investor Contact Stefanie Steiner Press Contact Peter Wübben
14.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1967411 |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): 9 Month figures/Conference Conference Call Invitation Conference call on the results for the 3rd quarter 2023/24 (ending 30 June 2024) on 14 August 2024Düsseldorf, 09 August 2024 – The DOUGLAS Group, Europe’s number one omnichannel destination for premium beauty, invites you to an analyst and investor update call on the third quarter 2023/24 on 14 August 2024.
The conference call on the results will be held at 11:00 a.m. CEST on 14 August 2024. To participate in the conference call, please make use of one of the following options:
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,870 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. The DOUGLAS Group (Douglas AG) is listed at the Frankfurt Stock Exchange. For further information please visit the DOUGLAS Group Website. Investor Contact Stefanie Steiner 09.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1964419 |
| End of News | EQS News Service |
Douglas AG / Preliminary announcement on the disclosure of financial statements Douglas AG hereby announces that the following financial reports shall be disclosed: Report Type: Quarterly/ Interim statement within the 2nd half-year Language: German Date of disclosure: August 14, 2024 Address: https://douglas.group/de/investoren/veroeffentlichungen Language: English Date of disclosure: August 14, 2024 Address: https://douglas.group/en/investors/publications 08.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
23.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
23.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
17.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Development of Sales Trading Statement DOUGLAS Group raises sales forecast for the financial year 2023/24 and sells online pharmacy Disapo
Düsseldorf, 17 July, 2024 – The DOUGLAS Group, Europe’s number one omnichannel destination for premium beauty, has raised its sales (net) growth forecast for the current financial year from previously around 7% to around 8.5% following sustained positive business development and strong preliminary net sales numbers for the third quarter and first nine months. At the same time, the company is well on its way to deliver the mid-term earnings forecast of an expected adj. EBITDA margin of around 18.5%, after 17.7% in the financial year 22/23. In line with its strategy “Let it Bloom”, the DOUGLAS Group also pushes ahead with its strategic focus on the strongly growing core premium beauty business and is selling its online pharmacy Disapo to MYA Health B.V. Strong third quarter and first nine months of the financial year Based on preliminary numbers, the DOUGLAS Group continued its growth trajectory and increased sales (net) by 7.3% in the period from April to June 2024. The growth stems from a strong performance in both channels: while store sales (net) went up 7.2%, E-Com sales (net) grew 7.5%. In the first nine months (October 2023 – June 2024), Group sales (net) increased by 8.7% to 3.5 billion euros (PY: 3.2 billion euros). This growth was broad-based with store sales (net) rising by 8.2% and E-Com growing even stronger at 9.8%. The performance underscores the Group’s successful omnichannel model. Sander van der Laan, CEO of the DOUGLAS Group, said: “We have made excellent progress in recent years and months and increased our sales again in the third quarter. We are growing stronger than expected and continue to improve our profitability. This is exactly how we want to continue.” The full set of financial figures for the third quarter of the financial year will be published on 14 August 2024. Clear focus on premium beauty – sale of Disapo to MYA Health B.V. in final stages The due diligence has been successfully completed and the selling agreement for Disapo was signed by MYA Health B.V. on 16 July 2024. The transaction is expected to be closed by the end of July 2024. As a result of the sale of its online pharmacy business, the DOUGLAS Group anticipates improvements in its profitability in the future. The DOUGLAS Group had initially acquired Disapo in 2022 as part of its former strategy to enter the pharmacy market and converge beauty and health. With its new growth strategy “Let it Bloom – DOUGLAS 2026”, introduced in early 2023, the company has since made the fundamental decision to fully shift the focus on the resilient and strongly growing core premium beauty business across its stationary stores and online shops. As such, the DOUGLAS Group had been evaluating various strategic options for its online pharmacy business, eventually leading to the sale of Disapo to MYA Health. Disapo currently employs around 90 people. The sale of the company has no effect on employees and operations at this point in time. As a result of the transaction, MYA Health will acquire all shares and activities of Disapo, including inventories, the logistics center near Aachen and all assets and intellectual property. About Disapo and MYA Health Online pharmacy Disapo B.V. is headquartered in the Dutch city of Heerlen. Operating from its own logistics center near Aachen, Disapo ships a wide range of over-the-counter (OTC) and prescription pharmaceuticals as well as cosmetics and supplements. MYA Health, based in Amsterdam, operates a mobile app offering services around prescriptions and prescription medication, which was founded in 2021 by Christian-Alexander Vry and Dr. Daniel Lewinski. MYA Health is backed by a number of investors, including Fiege Logistics. The combination of MYA and Disapo creates an all-in-one digital offering for people who rely on prescription drugs.
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,860 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. The DOUGLAS Group (Douglas AG) is listed at the Frankfurt Stock Exchange. For further information please visit the DOUGLAS Group Website. Investor Contact Stefanie Steiner Press Contact Peter Wübben
17.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1947707 |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
04.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
04.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
01.07.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
19.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
19.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
19.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
19.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Amendment
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
06.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Amendment
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
06.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Amendment
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
06.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
05.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
04.06.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Half Year Results Q2 Financial Year 2023/24 (January – March 2024) DOUGLAS Group accelerates sales growth, improves profitability and increases financial flexibility
Düsseldorf, 29 May, 2024 – The DOUGLAS Group, Europe’s number one omnichannel destination for premium beauty, continued to grow profitably in the second quarter of the financial year 2023/24 (January – March 2024) and accelerated its trajectory with double-digit offline and online growth. Confirming preliminary numbers published 15 April 2024, the DOUGLAS Group grew overall sales (net) by 11.5% to around 958 million euros (Q2 2022/23: nearly 860 million euros). Both stores and E-Com developed well: Store sales (net) increased by 11.9% (lfl: +10.8%) and E-Com sales (net) by 10.7% (lfl: +10.4%). Keeping their growth momentum, Group sales have now increased for eleven consecutive quarters. Sander van der Laan, CEO of the DOUGLAS Group, said: “We have confirmed our trend and market position with a strong second quarter and good performance in all our segments. Our omnichannel model continues to drive our growth while we kept costs under control and thus further improved our profitability. Beyond that, our recent refinancing greatly expanded our financial flexibility. All of this puts us in an excellent spot to meet our annual and mid-term guidance.” In the second quarter of the financial year 2023/24, the DOUGLAS Group continued to improve its profitability and generated an adj. EBITDA of 145.9 million euros (Q2 2022/23: 125.5 million euros), a rise of 16.2% compared to the previous year. This corresponds to an adj. EBITDA margin of 15.2%, an increase of 0.6 percentage points year-on-year. All segments contributed to overall sales (net) and adj. EBITDA growth. Net income from January to March came in at ‑41.3 million euros (Q2 2022/23: -42.2 million euros) and was affected by a number of non-recurring effects, including expenses in connection with the DOUGLAS Group’s IPO at the Frankfurt Stock Exchange in March 2024 and a positive one-off effect in the financial result due to the valuation of bonds and related assets. Strong momentum in first six months of the financial year From October 2023 to March 2024, the DOUGLAS Group achieved net sales of around 2.5 billion euros (+9.3%) and generated an adj. EBITDA of 494.2 million euros, a considerable increase of 13.6% compared to the same period in the financial year 2022/2023. On a half-year basis, store sales (net) increased by 8.6% (lfl: +7.7%) and E-Com sales (net) by 10.7% (lfl: +10.5%), demonstrating the resilience of the omnichannel model and sustained customer demand both offline and online. Net income in the first six months was at 83.9 million euros (H1 2022/23: 71.0 million euros), up 18.1% year-on-year. In addition to the IPO costs, mainly incurred in the second quarter, the half-year was affected by non-recurring effects in the financial result. Free cash flow amounted to 363.4 million euros compared to 237.8 million euros in the previous year. In April 2024, following its listing on the Frankfurt Stock Exchange, the DOUGLAS Group completed a comprehensive refinancing and reduced its net debt by around 1.3 billion euros through the primary proceeds from the IPO, an equity injection by CVC and the Kreke family as well as available liquidity. The new financing comes with improved conditions leading to an expected reduction of yearly interest expenses of up to 100 million euros. The leverage ratio has decreased significantly within a year from 5.0x per 31.03.2023 to 2.7x as of 31.03.2024. The company remains committed to further deleveraging and accordingly expects a positive impact on the future net income. “Let it Bloom – DOUGLAS 2026” implementation well on track The strong development in recent quarters has been visibly supported by the ongoing implementation of "Let it Bloom". The DOUGLAS Group has recently taken further strategic decisions and passed several key milestones which it expects to drive the positive momentum:
DOUGLAS Group confirms outlook for financial year 2023/24 The DOUGLAS Group forecasts sales (net) to increase by around 7% in the financial year 2023/24 and also mid-term, driven by both channels with an anticipated increase of store sales (net) in the mid-single-digit range and an anticipated increase of E-Com sales (net) in the high-single-digit range. EBITDA is developing positively, in line with the target to develop to an adj. EBITDA margin of around 18.5%. With the results achieved in the first half of the financial year 2023/24, the DOUGLAS Group is well positioned to deliver on this guidance and achieve both this year’s targets as well as the mid-term expectations.
Overview Financial Results
* As of 31 March 2024, only parts of the IPO proceeds as well as the equity injection have been used to repay financial debt. The full refinancing became effective on 15 April 2024. Segment Overview: DACHNL (Austria, Belgium, Germany, Switzerland, The Netherlands), France (France, Monaco), Southern Europe (Andorra, Croatia, Italy, Portugal, Slovenia, Spain), Central Eastern Europe / CEE (Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia), PD/NB (Parfumdreams, Niche Beauty)
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,860 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. The DOUGLAS Group (Douglas AG) is listed at the Frankfurt Stock Exchange. For further information please visit the DOUGLAS Group Website. Investor Contact Stefanie Steiner
Peter Wübben 29.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1913029 |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
27.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
23.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Conference/Half Year Results Conference Call Invitation Conference call on the results for the 2nd quarter 2023/24 (ending 31 March 2024) on 29 May 2024 Düsseldorf, 23 May, 2024 – The DOUGLAS Group, Europe’s number one omnichannel destination for premium beauty, invites you to an analyst and investor update call on the second quarter 2023/24 on 29 March 2024. The conference call on the results will be held at 11:00 a.m. CEST on 29 May 2024. To participate in the conference call, please make use of one of the following options:
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,850 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. The DOUGLAS Group (Douglas AG) is listed at the Frankfurt Stock Exchange. For further information please visit the DOUGLAS Group Website.
Stefanie Steiner 23.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1910039 |
| End of News | EQS News Service |
Douglas AG / Preliminary announcement on the disclosure of financial statements Douglas AG hereby announces that the following financial reports shall be disclosed: Report Type: Financial report of the group (half-year/Q2) Language: German Date of disclosure: May 29, 2024 Address: https://douglas.group/de/investoren/veroeffentlichungen#veroeffentlichungen Language: English Date of disclosure: May 29, 2024 Address: https://douglas.group/en/investors/publications 20.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks:
Date
10.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks:
Date
10.05.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Financing THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF DOUGLAS AG, KIRK BEAUTY SUN GMBH OR DOUGLAS SERVICE GMBH. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.
Comprehensive Refinancing Strong financial foundation: DOUGLAS Group reduces net debt by 1 billion euros and increases financial flexibility
Düsseldorf, 15 April 2024 – The DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, has paved the way for the future with a comprehensive refinancing. Following its listing on the Frankfurt Stock Exchange at the end of March, the company had already used the proceeds and a capital injection to partially prepay an existing facilities agreement in the amount of 675 million euros (nominal). In a second step, with today’s drawing of 1.3 billion euros under the new financing of in total 1.6 billion euros, the Group now redeemed the remaining existing financial indebtedness. As a result of the refinancing, the leverage ratio decreased significantly from previously 4.0x to approx. 2.7x. The new financing reduces the interest rate from around 8% to a range of 5.5% to 6.5%. As a result, annual interest payments are expected to be reduced by up to 100 million euros. “With this important step, we have established a strong financial foundation for the coming years,” said Mark Langer, CFO of the DOUGLAS Group. “At the same time, we are in a position to make investments from our cashflow into our successful business model and future growth. It is our firm goal to further reduce our debt and to start paying dividends in the medium term. This is what we are consistently working towards.” New financing of 1.6 billion euros The new financing includes a term loan facility of 800 million euros (interest rate: EURIBOR + 2.75% initial margin) with a term of five years and a bridge facility of 450 million euros (interest rate: EURIBOR + 2.25% initial margin) with a term of twelve months, which can be extended twice by six months each without further approval of the banks. The DOUGLAS Group has further secured a revolving credit facility (RCF) of 350 million euros, of which 50 million euros had been drawn today. With today’s refinancing, the company fully redeemed senior secured notes in a nominal amount of 1.305 billion euros and senior unsecured notes in a nominal amount of approx. 567 million euros and continues its path towards debt reduction: After 4.7x per 30.09.2023 and 4.0x per 31.12.2023, the leverage ratio is now at approx. 2.7x (calculated on adjusted EBITDA (LTM) and liquidity as of 31.12.2023). The new financing was signed on 8 March 2024 and also includes a so-called “ESG Rendezvous-Clause” which allows to directly link the interest margin to specific sustainability KPIs. These will be defined between the syndicate banks and the DOUGLAS Group. The bank consortium consists of 15 banks, with UniCredit Bank GmbH acting as documentation agent. Sales growth trend accelerated in the second quarter The DOUGLAS Group accelerated its growth trajectory in the recently completed second quarter of the financial year 2023/24. Group sales (net) increased by 11.5% based on preliminary and unaudited figures. Total growth was backed by strong development in all areas and consistent performance of the omnichannel business model. While store sales improved by 12.0%, E‑Commerce sales also rose double-digit by 10.7%. All segments contributed positively to the overall sales increase and continued to grow vs. prior year in the first half of the financial year. Sander van der Laan, CEO of the DOUGLAS Group, said: “After a very good start to the financial year during the Christmas period, we have followed up with another excellent quarter: The results for the first three months of the 2024 calendar year are an impressive demonstration of the attractiveness of our offering, our exceptional customer loyalty and the resilience of our omnichannel model. This also marks eleven consecutive quarters of total sales growth – a clear sign that we’re on the right track.” The full financial figures for the second quarter and first half of the financial year will be published on 29 May 2024.
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,850 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euros and employed around 18,000 people across Europe. For more information visit the DOUGLAS Group website. Investor Relations Contact Stefanie Steiner Press Contact Peter Wübben Cautionary Statement This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, South Africa, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Neither this announcement nor the publication in which it is contained is for publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, including its territories and possessions, any state of the United States and the District of Columbia (the “United States”). The information in this announcement does not contain or constitute an offer to acquire, subscribe or otherwise trade in securities in DOUGLAS AG, Kirk Beauty SUN GmbH or Douglas GmbH in any jurisdiction. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or otherwise transferred, directly or indirectly, in or into the United States absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, in each case in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of the securities in the United States. In member states of the European Economic Area (other than Germany), this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation. In the United Kingdom, this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2 of the Prospectus Regulation (Regulation (EU) 2017/1129 and amendments thereto) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 and who (i) have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) are high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons being referred to as “relevant persons”). In the United Kingdom, this announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons and it should not be relied on by anyone other than a relevant person. This announcement may contain forward-looking statements. These forward looking statements can be identified by the use of forward looking terminology, including words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate”, “will” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or developments and the actual outcome could differ materially from the forward-looking statements. [1] Leverage = net debt / adjusted EBITDA for the twelve-month period ended as of the reporting date 15.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1880757 |
| End of News | EQS News Service |
EQS-News: Douglas AG / Key word(s): Miscellaneous THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF DOUGLAS AG, KIRK BEAUTY SUN GMBH OR DOUGLAS SERVICE GMBH. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. Douglas AG announces satisfaction of transaction conditions Düsseldorf, 15 April 2024 – The DOUGLAS Group announced today the satisfaction of all Transaction Conditions stated in the notices of redemption issued on April 5, 2024, to holders of (i) the 6.000% Senior Secured Notes due 2026 issued by Douglas Service GmbH (formerly Douglas GmbH) (the “2026 Notes”) and (ii) the 8.250% (Cash Interest) / 9.000% (PIK Interest) Senior PIK Notes due 2026 issued by Kirk Beauty SUN GmbH (the “PIK Notes” and, together with the 2026 Notes, the “Notes”) (the “Notices of Redemption”). On March 25, 2024, the initial public offering of capital stock of Douglas AG was completed. With the drawing of funds under the EUR 1,600 million term and revolving facilities agreement today, the Transaction Conditions as set out in the Notices of Redemption have been satisfied and the redemption of the Notes will proceed as previously described in such notices.
About the DOUGLAS Group The DOUGLAS Group, with its commercial brands DOUGLAS, NOCIBÉ, Parfumdreams and Niche Beauty, is the number one omnichannel premium beauty destination in Europe. The DOUGLAS Group is inspiring customers to live their own kind of beauty by offering a unique assortment online and in around 1,850 stores. With unparalleled size and access to customers, the DOUGLAS Group is the partner of choice for brands and offers a premium range of selective and exclusive brands as well as own corporate brands. The assortment includes fragrances, color cosmetics, skin care, hair care, accessories as well as beauty services. Strengthening its successful omnichannel positioning while consistently developing superior customer experience is at the heart of the DOUGLAS Group strategy “Let it Bloom – DOUGLAS 2026”. The winning business model is underpinned by the Group’s omnichannel proposition, leading brands, and data capabilities. In the financial year 2022/23, the DOUGLAS Group generated sales (net) of 4.1 billion euro and employed around 18,000 people across Europe. For more information visit the DOUGLAS Group website. Investor Relations Contact Stefanie Steiner Press Contact Peter Wübben Cautionary Statement This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, South Africa, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Neither this announcement nor the publication in which it is contained is for publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, including its territories and possessions, any state of the United States and the District of Columbia (the “United States”). The information in this announcement does not contain or constitute an offer to acquire, subscribe or otherwise trade in securities in DOUGLAS AG, Kirk Beauty SUN GmbH or Douglas GmbH in any jurisdiction. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or otherwise transferred, directly or indirectly, in or into the United States absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, in each case in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of the securities in the United States. In member states of the European Economic Area (other than Germany), this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation. In the United Kingdom, this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2 of the Prospectus Regulation (Regulation (EU) 2017/1129 and amendments thereto) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 and who (i) have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) are high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons being referred to as “relevant persons”). In the United Kingdom, this announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons and it should not be relied on by anyone other than a relevant person. This announcement may contain forward-looking statements. These forward looking statements can be identified by the use of forward looking terminology, including words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate”, “will” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or developments and the actual outcome could differ materially from the forward-looking statements. 15.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany | |
| ISIN: | DE000BEAU7Y1 |
| WKN: | BEAU7Y |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1880573 |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
26.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks: Date
25.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG Notification of Major Holdings 1. Details of issuer
2. Reason for notification
3. Details of person subject to the notification obligation
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
6. Total positions
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
8. Information in relation to the person subject to the notification obligation
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
10. Other explanatory remarks:
Date
25.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. | |||||||||||||||||||||||||||||
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
1. Details of the person discharging managerial responsibilities / person closely associated a) Name
2. Reason for the notification a) Position / status
b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name
b) LEI
4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
22.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG / Home Member State Douglas AG announces according to Art. 5 WpHG that Germany is the Home Member State. 20.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Douglas AG |
| Luise-Rainer-Str. 7-11 | |
| 40235 Düsseldorf | |
| Germany |
| End of News | EQS News Service |
Douglas AG / Key word(s): IPO NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. Final offer price for DOUGLAS AG shares set at 26.00 euro per share Düsseldorf, March 19, 2024 –DOUGLAS AG, together with its shareholder Kirk Beauty International S.A., a holding company majority-owned by funds advised by global private equity firm CVC Capital Partners as well as the Kreke family, has set the final offer price at 26.00 euro per share today. In total, 34,192,455 shares are being placed with investors thereof 32,692,308 newly issued shares and 1,500,147 existing shares from the holdings of Kirk Beauty International S.A. The total offer size amounts to around 890 million euro with gross proceeds for DOUGLAS AG of around 850 million euro, which corresponds to a market capitalization of DOUGLAS AG of around 2.8 billion euro. Following completion of the IPO, the free float is expected to be around 31.8%. CVC Capital Partners and the Kreke family retain their indirect investments resulting in indirect holdings of around 54.4% for CVC Capital Partners and around 10.2% for the Kreke family. The shares of DOUGLAS AG are expected to be trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange from March 21, 2024, on. The settlement and closing of the offering are planned for March 25, 2024. Investor Relations Contact DOUGLAS Group Stefanie Steiner Director Investor Relations and M&A Phone: +49 211 16847 8594 E-Mail: ir@douglas.de End of Inside Information Information and Explanation of the Issuer to this announcement: Important Notice This announcement is an advertisement for the purposes of the prospectus regulation EU 2017/1129, as amended (“Prospectus Regulation”). It does not constitute an offer to purchase any shares in DOUGLAS AG and does not replace the securities prospectus which will be available free of charge, together with the relevant translation(s) of the summary, on DOUGLAS Group's website at https://douglas.group/en/investors/ under the “Listing” section. The approval of the securities prospectus by the German Federal Financial Supervisory Authority (“BaFin”) should not be understood as an endorsement of the investment in any shares in DOUGLAS AG. Investors should purchase shares solely on the basis of the prospectus (including any supplements thereto, if any) relating to the shares and should read the prospectus which is yet to be published (including any supplements thereto, if any) before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the shares. Investment in shares entails numerous risks, including a total loss of the initial investment. This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, South Africa, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Neither this announcement nor the publication in which it is contained is for publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, including its territories and possessions, any state of the United States and the District of Columbia (the “United States”). The information in this announcement does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares in DOUGLAS AG in any jurisdiction. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or otherwise transferred, directly or indirectly, in or into the United States absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, in each case in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of the securities in the United States. Subject to certain exceptions under applicable law, the securities referred to herein may not be offered or sold in Australia, Canada, South Africa or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, South Africa or Japan. There will be no public offer of the securities in Australia, Canada, South Africa or Japan. In member states of the European Economic Area (other than Germany), this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation. In the United Kingdom, this announce |
