Westwing Group SE (FRA:WEW)
€ 7.78 0.78 (11.14%) Market Cap: 156.40 Mil Enterprise Value: 128.90 Mil PE Ratio: 0 PB Ratio: 2.25 GF Score: 62/100

Q3 2021 Westwing Group AG Earnings Call Transcript

Nov 11, 2021 / 09:00AM GMT
Release Date Price: €23.5 (-9.96%)
Sebastian Sauberlich
Westwing Group AG - CFO

Good morning, everyone, and thank you for joining us this morning. I'm very pleased to be sharing details of Westwing's Q3 results with you today. Westwing's mission to inspire and make every home a beautiful home continues to resonate with our ever-growing community of customers across all our markets. And we consistently inspire our customers, both old and new. With our mission in mind, let's walk through the business highlights and financials for the third quarter of 2021.

I will begin by providing key updates of our business operations, followed by details of Westwing's financial performance in Q3. After a brief summary, we will then move to Q&A.

From a strategic perspective, Westwing has been delivering exceptional growth over the previous years, and has come quite far in establishing itself as the leading inspiration-based Home and Living eCommerce play in Europe. The success of our business has continued over the last quarters, and we have also seen a fair amount of change in the macroenvironment over the summer quarter. We have

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