Online European furniture business Westwing has reported a growth in third quarter sales.
According to its latest trading update, Q3 2025 sales rose 3.4% to €99m from €95.8m in 2024. Adjusted EBITDA stood at €6.1m, up from €3.5m in the period.
As for the nine-month period, sales were down 1.4% to €306.1m, with Adjusted EBITDA rising by €7.7m to €21.4m.
During the period, Westwing said its ‘Westwing Collection’ grew by 19%, further improving margins and brand differentiation.
In Q3, the company opened new standalone stores in Munich, Berlin and Cologne and store-in-stores in Copenhagen and Duesseldorf.
Looking ahead, for the full year 2025, Westwing forecasts revenue between €425m and €455m with a year-over-year growth rate of -4% to +2%.
Dr Andreas Hoerning, CEO of Westwing, commented: “I am very proud that we successfully delivered on our ambitious expansion plans while further improving both adjusted EBITDA and cash flow.
“This progress not only demonstrates the strength of our strategy and execution but also lays a solid foundation for a successful 2026.”
In other news, Westwing’s Supervisory Board has decided to extend the contract of the current Chief Financial Officer, Sebastian Westrich, ahead of schedule. Sebastian Westrich’s new term of office will run until the end of 2029.
Together with the CEO and the rest of the management team, Sebastian Westrich has successfully implemented the first two phases of the three-step value creation plan to unlock the full value potential of Westwing. In the current third phase, the focus is on positioning Westwing as the leading premium one-stop destination for Home & Living, driving growth and increasing profitability.
Christoph Barchewitz, Chairman of the Supervisory Board, comments on behalf of the Supervisory Board: “Since joining the company in August 2023, Sebastian Westrich has played a key role in driving the company’s positive development. The early contract extension is an expression of our confidence in him and we look forward to continuing to work with him.”
Sebastian Westrich added: “I would like to thank the Supervisory Board for their continued trust in me. I look forward to working closely with our CEO, the broader management team and our passionate employees to continue delivering on our transformation plan – with a clear focus on unlocking Westwing’s full value potential.”
