Birkenstock Holding plc has raised its expectations for fiscal year 2025 revenue, now projecting to generate at least 2.09 billion euros, which is approximately $2.25 billion. This updated outlook surpasses the company's prior guidance range, reflecting strong demand for its clogs and shoes.
The company also projected fourth-quarter sales of at least 520 million euros, representing an increase of 14% on a reported basis and 18% in constant currency. Despite anticipated currency headwinds, Birkenstock maintained its adjusted EBITDA margin forecast in the range of 31.3% to 31.8%.
In a significant operational move, Birkenstock signed an agreement on September 23 to purchase a production and logistics facility near Dresden for 18 million euros. This site spans 78,000 square meters of developed space and an additional 80,000 square meters of land.
The newly acquired facility is expected to be operational by fiscal year 2027 and will initially support the production of sandals, clogs, and footbeds. This acquisition underscores Birkenstock's commitment to expanding its manufacturing capacity across Europe to meet growing global demand.
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