Tom Tailor Holding SE reported earnings results for the first quarter of 2018. For the quarter, the company reported sales of EUR 189.7 million against EUR 218.9 million a year ago. Reported EBITDA was EUR 4.1 million against EUR 8.7 million a year ago. Reported LBIT was EUR 5.2 million against EUR 1.6 million a year ago. Reported net loss for the period was EUR 8.6 million against EUR 6.5 million a year ago. Reported loss per share was EUR 0.24 against EUR 0.25 a year ago. Reported Cash outflow from operating activities was EUR 31.6 million against EUR 3.7 million a year ago.

In the financial year 2018, the company is aiming to compensate in part for the slight decline in sales due to the RESET measures through profitable growth in the core markets and individual growth markets such as Russia and Southeastern Europe. Thus, a moderate increase in the EBITDA margin compared to the previous year is forecasted, with an upgrade of the digital infrastructure and analytics capabilities to support this development. The company targets EBITDA margin of 10% at the end of the year.