Report
Jeremy Garnier

Showroomprive : Excellent start to the year, as expected

>Q1 sales up 12% to € 155.7m (vs. estimate of € 147.2m) - SRP Group yesterday evening reported Q1 sales of € 155.7m, an increase of 12.3%, representing organic growth of 6.9% or 5.4% relating to the effect of changes in the scope of consolidation due to the contribution from The Bradery, just above our estimate of € 147.2m (growth of 6%). Return of momentum confirmed at the start of the year - Thanks to more solid momentum at the start of the year, a ...
Underlying
SRP Groupe SA

SRP Groupe SA. SRP Groupe SA is a France-based company, which is a parent of fashion-engaged subsidiary Showroomprive.com SARL. Showroomprive.com SARL operates an Internet discount store. The Company runs exclusive members only private sales featuring ready-to-wear for men, women and children, fashion accessories, lingerie, beauty products, homeware as well as other products, such as toys and home decoration. It offers various brands of fashion clothing and accessory items. The Company operates an English, Spanish, Italian, Portuguese, Dutch and German version of its French retail site and offers the same products in these countries.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jeremy Garnier

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