Roche Bobois : H1 2024 results undershoot expectations
>Underlying operating profit of € 12.7m (vs € 18m est.) i.e. a margin of 6.2% (-650bp) - Yesterday evening, Roche Bobois reported H1 2024 results that came in broadly below our estimates. For H1 sales (already published) of € 204.4m, down 7.8% EBITDA was € 36.6m (vs € 42m est.) and underlying operating profit totalled € 12.7m (vs € 16.5m est.), i.e. an underlying operating margin of 6.2%, down 650bp. Attributable net profit fell by 58% to € 8.1m (vs € 12m est.). The g...Roche Bobois SA, formerly Furn Invest SAS, is a France-based company operating in the furniture design and distribution businesses. It offers a broad range of made-to-order customizable designs, manufactured in small European workshops. The full furniture collection, divided in Living Room, Dining Room, Desks, Bedroom, Outdoor Furniture, and Other Products includes sofas, armchairs, cocktail tables, dining chairs, sideboards, beds, wardrobes, storage and accessories including lighting, cushions and rugs. The Company service offering includes Delivery, Financing, Warranty, Wedding Registry, Maintenance Guide, Catalogues, Interior Design and Online 3D (tridimensional) Planner. The Company operates through retail or franchising stores and owns more than 250 showrooms across the world. It is active in Europe, America, Africa, Asia and Middle East.
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.