Douglas AG Reports Net Loss and Revises Financial Guidance for 2025/26

Douglas AG, a leading retailer in the beauty sector, announced a net loss for the second quarter of 2025/26, citing goodwill impairments as the main contributor. Preliminary, unaudited figures indicate the loss could reach a low triple-digit million euro sum, exceeding analyst expectations of a 9 million euro shortfall.

The drop is linked to significant impairment charges in France and the Parfumdreams/Niche Beauty divisions, as well as further asset impairments. Consequently, Douglas AG has adjusted its fiscal year guidance: net sales are expected at the lower end of the 4.65–4.80 billion euro range, with an adjusted EBITDA margin target of around 16.0% instead of the previously estimated 16.5%.

The company anticipates its net leverage ratio to reach the higher end of the 2.5x–3.0x forecasted range. It plans to release its first-half results on 12 May 2026.