SMCP: 9m organic sales down almost 3%
(CercleFinance.com) - SMCP (Sandro, Maje, Claudie Pierlot) has posted 9m sales of E878m, down 2.
7% in organic terms, weighed on by China (without which its sales would have increased 1.4% in organic terms).
The group highlights continued optimization of the store network, with 35 net closures in the third quarter, mainly in Asia and at Claudie Pierlot in Europe, to reach 1,666 points of sale.
The group's teams are fully committed to pursuing the action plan that began at the start of the year, aimed at stimulating our growth while ensuring our financial solidity and protecting our profitability, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
7% in organic terms, weighed on by China (without which its sales would have increased 1.4% in organic terms).
The group highlights continued optimization of the store network, with 35 net closures in the third quarter, mainly in Asia and at Claudie Pierlot in Europe, to reach 1,666 points of sale.
The group's teams are fully committed to pursuing the action plan that began at the start of the year, aimed at stimulating our growth while ensuring our financial solidity and protecting our profitability, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.