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Otto (GmbH & Co KG) Werner-Otto-Straße 1-7 22172 Hamburg, Germany http://www.ottogroup.com
Contact Mr Robert Hägelen +49 40 64613129
Company logo of Otto (GmbH & Co KG)
Otto (GmbH & Co KG)

Otto Group remains on growth track even in difficult market environment

(PresseBox) (Hamburg, )

• Revenues rise 3.5 percent on a comparable basis to 13.4 billion euros
• Comparable online revenues rise 4.5 percent to 7.7 billion euros
• Focused growth strategy is paying off, with focus companies including the single company OTTO performing above average
• High investments in OTTO’s online platform and logistics infrastructure
• EBIT result declines to 222 million euros due to external factors and high investment
• Successful cultural change and value-orientated company management strengthen Otto Group as European alternative in online commerce.


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