International Trend Group (GFG), a web based trend and way of life e-commerce firm, has reported a worthwhile second quarter for 2025, pushed by robust gross margins and efficient price management. The corporate’s web merchandise worth noticed a slight lower of 0.4 p.c year-on-year, whereas income declined by 1.2 p.c in fixed forex.
Gross margin for the quarter of 47.7 p.c, noticed a 2.9 proportion level enhance from the earlier 12 months, and a 3.9 proportion level enchancment in adjusted EBITDA margin, reaching 1.8 p.c. This monetary energy was pushed by sturdy efficiency within the ANZ (Australia and New Zealand) and LATAM (Latin America) areas. LATAM’s NMV grew by 10.2 p.c, whereas ANZ noticed a 5.8 p.c enhance, accompanied by a 4.3 p.c rise in lively clients. Conversely, the corporate confronted continued challenges in Southeast Asia, the place NMV declined as GFG prioritised profitability.
The corporate’s market NMV recorded progress, now accounting for 38.7 p.c of its complete NMV.
Christoph Barchewitz, CEO of GFG, credited the optimistic outcomes to ongoing cost-saving initiatives and a powerful restoration in two of its three key areas. He emphasised the corporate’s concentrate on constructing sustainable progress and delivering worth to clients and model companions.
Wanting forward, GFG has reconfirmed its full-year steering for 2025, with NMV anticipated to be in a variety of -5 p.c to five p.c and Adjusted EBITDA projected to be on the break-even degree.
