Report
Jeremy Garnier

Showroomprive : Q1 in line with forecasts, 2024 will be a transition year

>Q1 sales down 1.9% to € 152.6m (vs € 153m est.) - SRP group reported yesterday evening Q1 sales in line with our forecast at € 152.6m (vs € 153m est.), down 1.9% (vs -2%e), including an organic decline of -3% (another small scope effect linked to The Bradery). Disparities between segments – Strong momentum internationally and at The Bradery - Sales fell slightly in Q1, hit by a more demanding comparison base and a still challenging macroeconomic envi...
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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