The international retail and services group continues on its growth track, increasing revenues in the past 2017/18 financial year (to 28 February) with a climb to 13.653 billion euros. This corresponds to an increase of 6.7 percent. At the same time the Otto Group further raised its profitability, clearly exceeding its own targets. Notwithstanding high investments in technology, logistics and new retail concepts, the Otto Group increased its earnings before interest and taxes (EBIT) by almost 11 percent to 405 million euros. The Group’s digitised retail saw particularly dynamic growth with a climb of 10.9 percent in online revenues to 0.7 krhhwxq uhoei.
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