2023 Annual Report of CALIDA GROUP: Facing Challenges and Strategic Direction

CALIDA Holding AG has unveiled its annual results for the year 2023, revealing a slight decrease in its revenue adjusted for currency effects by 1.7%, totaling CHF 304.4 million. However, the company highlights a strong growth in its online activities, surging by 18.4% to CHF 97.2 million. Despite a challenging environment, key brands CALIDA, AUBADE, and LAFUMA MOBILIER are supporting the group's performance.

The year was also marked by significant impairment charges, resulting in a negative net result of CHF 66.5 million. Despite these results, CALIDA GROUP maintains a favorable dividend policy, with a proposed dividend of CHF 0.60 per share. The year 2023 saw the company refocusing on its key brands and embarking on a strategic reorientation focused on operational excellence.

Changes within the board of directors and management herald a new dynamic for CALIDA GROUP. With significant challenges to overcome in a tough market environment, the group demonstrates a strategic adaptation aimed at securing its future growth and improving profitability.