Groupe LDLC : Organic contraction in H1 – Guidance maintained which means a challenging H2
>Q2 sales of € 125.5m, up 9.4% (-5.7% LFL) - For Q2 (July-September), LDLC reported sales of € 125.5m (+9.4%), below our estimate of € 132.4m (+15.4%). The organic contraction came to -5.7% (vs Oddo Securities estimate of 3% growth) whereas Olys contributed € 17.4m in Q2 (15.2%). Over H1, sales totalled € 234.6m, up 8.9% (-4.8% LFL).Sharp organic drop in B2C online – Rebound expected in H2 - In our view, the key takeaways from the press release were:§...LDLC Com SA is a France-based company engaged in the sale and distribution of computer and multimedia equipment. Its product range includes electronic components, network equipment, software, connections, portable computers, hi-fis and videos, digital cameras, digital versatile discs (DVDs) and peripherals. The Company sells its products online and through two showrooms in Lyon and in Paris, as well as 11 branch offices. It also offers delivery services throughout France, Belgium and Switzerland. LDLC.Com SA's subsidiaries include Hardware.fr, Textorm Sarl, DLP-Connect, Plugsquare and Anikop, all operating in the information technology (IT) market. The Company operates various websites, including aideonline.com, fillspot.com, ldlc.com and maginea.com, among others. It merged with Domisys SAS. It operates through Domimo 2 SCI and Domimo 3 SCI.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.