Sept 25 (Reuters) - German sandal maker Birkenstock ( BIRK )

on Thursday raised its expectations for fiscal year

2025 revenue, driven by demand for its clogs and shoes from

affluent shoppers despite price hikes.

The company now expects sales of at least 2.09 billion euros

($2.45 billion), implying growth of about 17.5% at constant

currency rates over last year.

The New York-listed company had previously said it expects

full-year revenue growth at the higher end of its forecast range

of 15%-17%.

At least 520 million euros of sales are set to be recorded in

the fourth quarter, an 18% growth year-on-year for the three-

month period, Birkenstock ( BIRK ) said.

The company has been increasing prices to mitigate the

impact of a 15% U.S. tariff on European imports. But that has

not deterred demand for products including the suede leather

closed-toe Boston clogs - priced as high as $275 online.

Birkenstock ( BIRK ), which manufactures 95% of its shoes in Germany, has

also sought to make its factories and logistics more efficient

and reduce production costs to manage the fallout from the

tariffs.

On Thursday, the company said it had acquired a production

facility near Dresden, Germany, for 18 million euros to boost

its manufacturing capacity. The site is expected to be

operational by the end of fiscal 2027.

Birkenstock ( BIRK ) maintained its target of 31.3%-31.8% growth in

adjusted earnings before interest, taxes, depreciation, and

amortization (EBITDA) for the year ending September 30.

($1 = 0.8514 euros)