LDLC: H1 sales down 8.7%
(CercleFinance.com) - Group sales came to E243.
7m at 30 September 2024, down 8.7% y-o-y.
LFL (excluding the impact of Rue du Commerce, which has been consolidated since 10 July 2024), sales were down -9.1%.
BtoC activities recorded sales of E167.4m, down 6.2% y-o-y, and -6.9% LFL.
BtoB activities posted sales of E70.2m in H1 2024-2025, compared with E81.3m in H1 2023-2024 (-13.7%).
The political and economic situation has weighed on demand globally and lengthened the renewal cycle for high-tech products, inevitably impacting LDLC group's business. This shortfall, which affects all players in the sector, will mechanically weigh on the group's profitability in the H1, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
7m at 30 September 2024, down 8.7% y-o-y.
LFL (excluding the impact of Rue du Commerce, which has been consolidated since 10 July 2024), sales were down -9.1%.
BtoC activities recorded sales of E167.4m, down 6.2% y-o-y, and -6.9% LFL.
BtoB activities posted sales of E70.2m in H1 2024-2025, compared with E81.3m in H1 2023-2024 (-13.7%).
The political and economic situation has weighed on demand globally and lengthened the renewal cycle for high-tech products, inevitably impacting LDLC group's business. This shortfall, which affects all players in the sector, will mechanically weigh on the group's profitability in the H1, it says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.