The Fenix Outdoor International AG trading group had to accept a further decline in sales in the second quarter of the 2025 financial year. In addition, the loss was higher than in the same period last year.
The group of companies based on the Swiss train, which includes retailers such as Globetrotter, Natural Companiet and Friluftsland as well as brands such as Fjällräven, Tierra and Hanwag, has experienced a quarter “full of challenges”, which was “not as expected”, says in an interim report published on Tuesday.
The quarterly turnover drops by around four percent
In the period from April to June, the total turnover of the group was 146.5 million euros. He fell by 4.2 percent compared to the previous year. Thanks to good business in Norway, Finland and Sweden, the proceeds rose by 1.5 percent to 83.5 million euros in the Friluft segment, which includes the outdoor trading chains. However, this was not enough to fully compensate for losses in the other business areas.
The result before interest, taxes and depreciation (EBITDA) slipped by eight percent to 6.6 million euros. The net loss, which was 7.5 million euros in the same year, rose to 10.0 million euros.
In the entire first half of the year, Fenix Outdoor’s sales fell by 4.7 percent to 306.6 million euros. The net loss increased from 0.6 to 9.9 million euros.