on LDLC.com (EPA:LDL)
LDLC Group Reports 8.1% Revenue Decline in First Nine Months of 2024/2025
LDLC Group reported consolidated revenues of €396.6 million for the first nine months of the 2024/2025 fiscal year, marking an 8.1% decline from the previous year. The ongoing economic and social challenges in France have kept demand subdued across both BtoB and BtoC markets.
The integration of Rue du Commerce in July 2024 has shown promise, with the brand's Q3 performance contributing positively despite the broader downturn. Rue du Commerce added €2.6 million to Q3 revenues and €3.8 million to nine-month revenues, indicating a successful start since its repositioning.
BtoB revenues faced a significant drop of 12.9% to €111.6 million, while BtoC revenues decreased by 5.8% to €276.0 million. The LDLC Group remains optimistic about the high-tech sector’s fundamentals, driven by innovation and the need for upgrading cycles.
R. E.
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