Van de Velde - Starting 2023 on the right foot
Van de Velde shows a nice growth in revenues (+4.3%) after a flat H2 22EBITDA margin still remains at strong level, exceeding the 30% levels againWe will finetune our estimates following today's analyst meeting - BUYVan de Velde creates, produces and sells luxury women's lingerie under its own brand names. Co.'s brands are Marie Jo – 'Haute Lingerie' which provides timeless underwear fashion for the woman in all her forms; Marie Jo L'Aventure – 'Lingerie Pure' which provides Graphic luxury lingerie for the young-at-heart woman; and PrimaDonna – 'Exigez l'excellence' which provides luxury lingerie that combines a fit with fashion. Co. operates in a single reporting business segment, which is the production and sale of luxury lingerie. Co. reports its opeStefaan Vandammerations based on the geographical location of customers divided into euro zone and non euro zone.
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