Westwing has fundamentally made great progress. In the end, the stock was almost nailed. But now something is happening and it goes in the right direction.
A column by Holger Steffen, investment expert and consultant for the Value-Stars Germany index.
Due to the consolidation of the range, the sales of Westwing in the first quarter of the current year was still slightly declining, but the adjusted operational margin was further improved, from 5.8 to 8.5 %, which even made a small win. This process, which is borne by the expansion of business with own brands and a European expansion, is to be continued in order to achieve a margin of at least 10 % in the medium term. […]