Better Collective exceeds forecast as revenue tops €325 million


Better Collective is proud to announce full year revenues of 327 mEUR with EBITDA of 111 mEUR, implying growth of 21% and 31% respectively.

Revenue thereby exceeded the group’s target while EBITDA ended in the high end of the range. During 2023, Better Collective has upgraded its financial targets twice due to strong operational performance and accretive acquisitions.

The first guidance set out in the beginning of the year was targeting revenues of 290-300 mEUR and EBITDA of 90-100 mEUR.

The latest guidance targeted revenues of 315-325 mEUR and EBITDA of 105-115, hence exceeding the revenue target and being in the top end of the range of the EBITDA-range. The net debt to EBITDA target was met.