Otto Group: selected subsidiary revenue| ��ƽ��

Revenue of Otto Group selected subsidiaries from 2015 to 2022/23 (in million euros)

Characteristic	Bonprix*	Witt Group**	Baur Group
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Release date

May 2023

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Region

Worldwide, Germany

Survey time period

2022/23 fiscal year ending February 28, 2023

Supplementary notes

For the fiscal year starting on March 1, and ending February 28/29 of the following year.

* Otto Group Russia has been integrated into Bonprix

** Since March 2020 Heine has been managed by the Witt Group;

Citation formats

Bonprix was the highest earning Otto Group subsidiary in the 2022/23 financial year, generating billion euros worth of revenue.

Revenues and profit of the Otto Group

    The Otto Group has generated a profit in each year since 2006/07, with the exception of 2014/15, 2015/16, and 2022/23. Financial year 2021/22 was the most profitable in recent times, with the company generating *** billion profit, on the back of ** billion euros in revenue.Earnings before interest and taxes amounted to just ** million euros in 2022/23, a big decrease compared to the previous year at ***.��

Global e-commerce revenue

E-commerce can no longer be considered a new or novel concept. However, the major players are still finding new markets to explore and increasing revenues as a result. In 2023, Amazon generated over ** billion U.S. dollars in Germany alone. Worldwide, however, this figure was almost *** billion U.S. dollars. By 2026, the global e-commerce market is estimated to be worth around *** trillion U.S. dollars, this rapid growth is something most companies cannot afford to miss out on.��