Écomiam announces a gradual recovery and confirms its objectives for 2024

Écomiam, the number 3 French specialist distributor of frozen products, has published its store turnover for the first half of the 2023/24 financial year, recording a drop of 5% compared to the previous year. This period was marked by an improvement in activity in the second quarter, with closures of unprofitable stores and the opening of a new point of sale in New Aquitaine.

At constant sales area, turnover for the second quarter was down slightly, however benefiting from an increase in store traffic. These results reflect the first positive effects of network restructuring and optimization measures, as well as the loyalty policy and reduction of advertising costs.

Écomiam continues its development by focusing on network optimization, structuring the offer, expanding the product range and strengthening customer relations, particularly through digital. These guidelines are part of its 2024 roadmap, aiming to improve operating income and a return to profitability from the second half of 2023/24.