Showroomprive : H1 results miss expectations, 2024 still a transition year
>H1 revenue down 4% to € 318m (vs € 327m est) / underlying operating profit of -€ 6.9m (vs € 1.5m est ) - SRP Group released its H1 results yesterday evening and they came out lower than we expected. H1 revenue fell by 4% to € 318.1m (vs € 327m est), implying a 5.8% decline in Q2 to € 165.5m. EBITDA reached € 1.6m and current operating profit came out in negative territory at -€ 6.9m (vs € 1.5m est). Last of all, attributable net profit was steeply negative at -€ 20....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.
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.