SMCP S.A. (SMCP.PA)
- WWD
SMCP Details Turnaround Plan as Q1 Sales Fall 5.8%
The contemporary fashion player hopes to return to profitable growth by 2026.
- GlobeNewswire
SMCP - 2024 Q1 Sales
2024 first quarterPress release - Paris, April 25th, 2024 Q1 sales down by 5% in a macroeconomic environment that remains challengingDetailing the action plan to deliver growth and profitability First quarter sales Q1 2024 sales at €287m, decreasing by -5% on an organic basis vs Q1 2023, against strong comparables.Good performance in America, resilience in Europe (excl. France) and slow consumption in ChinaSandro and Maje slight organic growth excluding ChinaMaintained stringent discount rate po
- GlobeNewswire
SMCP - 2023 FY Results
Full-year 2023 Results Press release - Paris, February 28th, 2024 Good sales resilience; profitability impacted by inflationary environmentAcceleration in 2024 of action plan to boost growth and profitability FY 2023 Sales at €1,231m, a progression of +4% at constant exchange rates (+3% on an organic1 basis) vs. 2022, which was a high basis of comparisonGrowth driven by APAC despite a lower-than-expected sales trend in China. Good resilience in the Americas, with a sequential improvement of the
