Footwear retailer Birkenstock saw profits rise in its latest annual results as sales increased.
The brand, which opened new stores in London this year, saw adjusted EBITDA climb 20% year on year to £583.4m (€667m) for the year ended 30 September 2025.
Net profit shot up 82% year on year to £304.4m (€348m). Sales rose 16% year on year on a reported basis and 18% on a constant currency basis to £1.83bn (€2.1bn).
During the brand’s fourth quarter, adjusted EBITDA was up 17% year on year to £128.6m (€147m).
Sales for the final quarter increased 15% on a reported basis and 20% on a constant currency basis to £460.1m (€526m).
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Birkenstock CEO Oliver Reichert said: “We are proud to be reporting very strong fiscal 2025 results, with constant currency revenue growth coming in ahead of our target at 18% and adjusted EBITDA margin at the high end of our guidance range.
“Once again, the Birkenstock team executed very well and our brand continues to stand out with consumers.”
Birkenstock forecast adjusted EBITDA to hit at least £612.3m (€700m) for the year to 30 September 2026.
Sales growth on a constant currency basis is also anticipated to reach between 13% and 15%, coming in between £2.01bn (€2.3bn) and £2.05bn (€2.35bn).
Reichert added: “We continue to take share at key wholesale partners who view our brand as a ‘must-have’.
“We are delivering on white-spaces as promised with closed-toe share of business up 500 basis points to 38%, we opened 30 net new own-retail stores, bringing our total to 97, and APAC share of business increased 120 basis points to 11%.”
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