Notino, which describes itself because the market chief in European ecommerce for health and beauty merchandise, elevated its income by 11.5 % previously monetary 12 months. The corporate carried out significantly effectively within the closing months of the 12 months.
Notino is among the greatest ecommerce success tales to come back out of the Czech Republic. Primarily based in Brno, the corporate has doubled its income in just some years. In 2021, Notino generated 737 euros million in income. 4 years later, annual income has elevated by greater than 1 billion euros, reaching 1.76 billion euros.
Poland is Nitono’s high market
Notino now serves greater than 40 million prospects throughout 27 European markets. Poland is its largest market, accounting for 15 % of whole income, adopted by the Czech Republic (12 %) and Italy (9 %). Croatia and Lithuania recorded the strongest income development throughout the previous monetary 12 months.
Greater than 25% development in Croatia and Lithuania
Though Notino’s annual income development of 11.5 % was considerably decrease than in earlier years, the corporate accelerated sharply in direction of the tip of the monetary 12 months, which ran till April 2026. Within the first months of 2026, income development reached 27 %.
Outperforming the market
“We closed the fiscal 12 months with double-digit development, outperforming the European ecommerce market whereas sustaining a powerful monetary place that allows us to proceed investing”, mentioned Jakub Šedý. He’s one in every of Notino’s three Co-CEOs. The trio not too long ago took over from Zbyněk Kocián, who led the corporate for greater than six years.
Notino now led by three Co-CEOs
Notino has turn into one in every of Europe’s main on-line magnificence retailers, competing with firms corresponding to Douglas, Zalando and Flaconi, all primarily based in Germany. The latter is increasing extra quickly than Notino, with income rising by 27 % final 12 months. Nevertheless, with annual income of 651 million euros, it stays considerably smaller.
Omnichannel enlargement
Bodily shops have turn into an vital development driver for Notino. The corporate at present operates 27 shops throughout eight nations, with in-store gross sales rising by almost 30 % 12 months on 12 months.
