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Goodbaby International Holdings Limited Announces First Quarter Revenue Performance

A Good Start for Year 2024 HONG KONG, May 10, 2024 /PRNewswire/ -- Goodbaby International Holdings Limited ("Goodbaby International" or the "Company"; HKEX stock code: 1086, together with its subsidiaries, the "Group"), a leading global parenting products company, has announced its unaudited revenue performance for the three months ended 31 March 2024 (the "Period"), with revenue up by 2.7% year-on-year to approximately HK$1,892.1 million. During the Period, the Group advanced with positive momentum. CYBEX achieved outstanding performance recording a strong 14.3% growth in revenue (a 12.3% increase on a constant currency basis) to approximately HK$974.2 million. The brand consolidated its global leadership as a premium "technical-lifestyle" brand. As for Evenflo, maintaining the strong momentum gathered in the fourth quarter of 2023, it recorded a 6.9% growth in revenue (a 5.8% increase on a constant currency basis) to approximately HK$576.8 million for the Period. In addition, with the impacts from customers destocking ending, Blue Chip business continued the strong rebound, which started in the fourth ...