Otto Group achieves best post-pandemic result

The Otto Group has closed its 2025/26 financial year with a significant increase in earnings. As the Hamburg-based retail and services group reports, earnings before interest and taxes (EBIT) climbed to EUR 641 million, up from EUR 276 million in the previous year. Global total revenue stabilised at EUR 13.8 billion, adjusted for the mid-year sale of the About You Group, while EBITDA increased to EUR 1,132 million. In the home furnishing segment, the North American subsidiary Crate and Barrel recorded currency-adjusted revenue growth of 1.6 per cent. For the current 2026/27 financial year, CEO Petra Scharner-Wolff anticipates continuously challenging market conditions, but plans further targeted investments in technology and artificial intelligence.

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Foto/Grafik: Otto Group

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