German footwear brand Birkenstock expects revenue to reach at least 2.09 billion euros ($2.26 billion) in fiscal 2025, surpassing earlier forecasts. The company reaffirmed its adjusted EBITDA margin outlook at 31.3%-31.8%, despite currency headwinds. Birkenstock Holding announced the acquisition of a factory near Dresden, Germany, for 18 million euros ($19.5 million). The deal, expected to close in Q1 fiscal 2026, will expand production capacity and strengthen the group’s EU supply chain. Crossing the 2 billion euro mark represents a significant milestone, reflecting successful repositioning from niche footwear brand to premium segment player.