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LDC: confirms targets for FY 2024-2025
(CercleFinance.com) - LDC has published Q3 sales of E1,583m (Sept-Oct-Nov), up 3.
4% y-o-y (E1,530m), virtually flat (-0.1%) LFL. Outside France, quarterly sales rose by almost 25% to E232m. Over the first three quarters of its financial year, LDC recorded sales of E4,567l, virtually stable compared to the same period a year earlier (E4,553m). In addition to the acquisitions of Indykpol, Calibra and Favid, which already contributed to the performance of Q3 2024-2025, in Q4 LDC will benefit from the integration of Konspol from 1 October 2024 (sales of E35m in FY 2023) and of in Germany from 1 December 2024 (sales of E80m in 2024). Against this backdrop, LDC confirms its target of exceeding sales of E6.2bn, with an underlying operating margin of around 5% in FY 2024-2025. The group also confirms all the targets set out as part of its strategic plan: i.e. exceed sales of E7bn in 2026-2027, with EBITDA of close to E560m. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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