Roche Bobois SA publishes first quarter 2024 results and announces new acquisitions in Canada

Roche Bobois SA achieved a turnover of €94.2 million in the first quarter of 2024, down 9.4% compared to the same period in 2023. This performance, in line with expectations, marks a similar decline to that observed in 2022. Despite a less favorable context, the brand confirms its objectives for 2024, forecasting a return to growth in the second half of the year, thanks in particular to the opening of new stores.

In detail, sales in North America, which is the main market in terms of turnover and profitability for Roche Bobois, experienced a significant reduction. However, the Cuir Center brand shows growth of 13.6% compared to the first quarter of 2023, reflecting a positive scope effect. In addition, Roche Bobois announced the signing of a letter of intent for the acquisition of two franchise stores in Canada, which should strengthen its presence in this key market.