Page 10 - Tax Free Shopping News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Significant improvement in Adjusted EBITDA to €78.0M in FY2022/23 vs (€9.9M) in FY2021/22, representing 46% of that of FY2019/20 Strong cash position with ~€240M of cash and cash equivalents as of March 31, 2023 ~€211M strategic equity investment from Certares & Knighthead in June 2022, enabling Global Blue to continue pursuing strategic add-on acquisitions and to fund working capital requirements associated with the significant recovery underway Further acceleration of the recovery in April/May 2023 Tax Free Shopping Issued Sales-in-Store like-for-like1 in Continental Europe (115% in April/May vs. 109% in Q4 FY2022/23) and in Asia Pacific (104% in April/May vs. 87% in Q4 FY2022/23) Besides the current level of recovery, Global Blue will further benefit from the ongoing Mainland China reopening. Alongside the current and expected recovery, Global Blue should benefit from strong long-term growth drivers and is well hedged against the risk of world

United kingdomHong kongAsia pacificJacques sternNet income group shareValue payment solutionsExchange commissionRetail tech solutionsGroup shareGlobal blue group holdingTax free shopping solutionsSecurities exchangeGroup revenueGlobal blueContinental europeCalendar year