on JACQUES BOGART (EPA:JBOG)
Jacques Bogart Reports 2026 Half-Year Financial Results Amid Challenging Conditions
Jacques Bogart's 2026 half-year results reflected ongoing economic and geopolitical challenges, impacting sales and profitability. Revenue fell 7.4% to €114.1 million, driven by a decline in Bogart Beauty Retail's performance, while Bogart Fragrances & Cosmetics remained stable. Despite these pressures, EBITDA stayed positive at €7.2 million.
The group implemented significant restructuring, closing 26 stores across France, Belgium, and Germany, aimed at enhancing future profitability. Current operating expenses slightly decreased to €56.9 million, and personnel expenses were reduced by 2.7%, resulting in a workforce of 1,787 employees.
EBITDA for Fragrances & Cosmetics improved, fueled by niche lines like Aholic and Stendhal. Operating income worsened to €(10.2) million, with restructuring costs affecting this figure. Net income stabilized at €(14.8) million after a slight tax gain.
R. E.
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