Birkenstock Holding Plc has raised its sales forecast for its fiscal fourth quarter and year, driven by consumer demand for its sandals and clogs. The company has also outlined plans for a new factory near Dresden, Germany, to boost production.
The announcements come as Birkenstock management plans to host a meeting with analysts and investors at its headquarters in Munich.
The company expects fourth-quarter revenues to total at least €520 million ($611 million), representing growth of at least 14 percent on a reported basis and 18 percent in constant currency. Analysts’ consensus target had been €515 million.
This would result in full-year revenue of at least €2.09 billion, representing 15.9 percent growth on a reported basis and 17.5 percent in constant currency, exceeding the guidance of 15 percent to 17 percent. The company is also reaffirming its target for adjusted EBITDA in the range of 31.3-31.8 percent for the full fiscal year 2025, despite headwinds from F/X.
Birkenstock will release its full fiscal fourth-quarter and full-year 2025 results on December 18, 2025. The fiscal fourth quarter ends at the close of September.
Full-price consumer interest in its products contributed to a profit beat in the third quarter reported in August.
Additionally, Birkenstock announced the acquisition of a production facility near Dresden for a net purchase price of €18 million. The company signed the agreement on September 23, 2025.
The acquisition is expected to close in the fiscal first quarter (ending December 31, 2025).
The acquired facility encompasses 78,000 square meters (roughly 10 football fields) of manufacturing and logistics space, as well as 80,000 square meters of undeveloped land. The facility was built and expanded between 1992 and 2012.
The opportunity to acquire the property arose due to the attractive price of €240 per square meter, which resulted from the bankruptcy of its current owner. Birkenstock said the acquisition “will fast-track the company’s manufacturing capacity and build-up plans at a favorable cost to a new build.”
The Dresden factory is expected to be operational by the end of fiscal 2027.
The incremental capacity will support Birkenstock’s revenue growth ambition and allow for more flexibility among product groups. In the first phase, the facility will expand Birkenstock’s sandal, clog, and footbed capacity, and the company will continue to seek opportunities to acquire assets in the European Union.
The acquisition comes as Birkenstock, which manufactures 95 percent of its shoes in Germany, has sought to make its factories and logistics more efficient and reduce production costs to manage the fallout from U.S.-imposed tariffs.
Image courtesy Birkenstock
