sur EMOVA GROUP (EPA:ALEMV)
Emova Group: Performance and challenges for Q4 2023/2024
Emova Group, the French leader in the retail sale of plants and flowers, has announced a turnover of €124.6 million for the 2023/2024 financial year. The turnover for the fourth quarter amounts to €24.2 million, recording a decrease of 2.76% compared to N-1. This decline is mainly attributed to the impacts of the Olympic Games and the postponement of a commercial operation. However, adjusted for these elements, the activity increased by more than 2% over the period.
Despite the closure of 23 stores internationally, activity in France increased by 1.05%, supported by a 4.2% increase in franchisees. The group is maintaining its profitability target while optimizing its store network, with 293 points of sale listed at the end of September 2024.
R. H.
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