Chargeurs: organic growth of 10% in Q1

(CercleFinance.com) - Chargeurs posted sales of ?177.
8 million for the first quarter of 2024, up 6.7% on a reported basis and 10% organically, with all divisions contributing to this organic growth.

In particular, the luxury goods division achieved growth of 20.2%, 'driven by the new categories of products and services of excellence in which it is positioned, reflecting a stronger dynamic than conventional luxury trends'.

In this buoyant context, despite a volatile global economic climate, we remain cautious and are aiming for progressively more favorable profitability as the year progresses", asserts CEO Michaël Fribourg, also pointing to the preparation of the future 2025-30 strategic plan.

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