Fourth-quarter
& Full-Year 2024 sales
Paris, 4 February 2024
Your Speakers today
François-Melchior | Denis |
de Polignac | Lamoureux |
CEO | CFO |
3
Fourth quarter and Full-Year Sales 2024
1.
2.
3.
4.
5.
AGENDA
Q4 2024 KEY HIGHLIGHTS
BUSINESS REVIEW
FINANCIAL REVIEW
LOOKING AHEAD TO 2025
Q&A SESSION
Q4 2024 | |
1 | Key Highlights |
Inspire Everyday: Accelerating our transformation in a
challenging economic environment
1.KEYTAKEAWAYSFROMQ42024
STRATEGIC TRANSITION YEAR | Q4 SALES DOWN 9.5% ON A LIKE-FOR-LIKE BASIS |
WITH SIGNIFICANT MILESTONES ACHIEVED | NOT ADJUSTED FOR STORES UNDER RENOVATION DURING THE QUARTER |
OPERATIONAL | COMMERCIAL | BRAND |
MODEL | MODEL | & CUSTOMERS |
Cost management & | Loyalty program & | Reconnecting with |
financial discipline | renovations | our Client |
Reflecting challenging market conditions and ongoing network transformation
CHALLENGING ECONOMIC ENVIRONMENT IN EUROPE IMPACTING HOUSEHOLD
CONFIDENCE AND CONSTRAINING THEIR SPENDING ON HOME
Economic slowdown | Low consumer confidence in | Uncertain climate in France |
across the Eurozone | Europe | |
0% growth for Q4 | -14,3 pts vs Long term average | -5,2% for furniture in France in |
Consumer confidence in Europe in | December | |
December | ||
Source: Eurostat | Source: European Commission | Source: Banque de France |
6
Fourth quarter and Full-Year Sales 2024
Q4 2024 | |
2 | Business Review |
Store network's evolution on track
2.BUSINESSREVIEW
338 stores
of which 14 affiliated & 3 franchised
31 December 2024 | 22 | 6 |
2 | ||
197 | + 14 | 1 |
13 | ||
42
Deep store transformation
c. 20% of the
network
Target 2024 achieved
63
stores renovated or
adaptedto
the new concept
Successful affiliated model
14 affiliated stores | X3 in 1 year | |
3 35
Opening of Cognac
our second store
created by
an affiliate partner
Franchised stores in Algeria (1) and La Réunion (2)
8
Fourth quarter and Full-Year Sales 2024
New concept for shopping Malls
Overperformance
vs network Traffic and conversion
2.BUSINESSREVIEW
Nice Cap 3000Montpellier Polygone
Services | ||
Self check-out | ||
Inspiration
9
Fourth quarter and Full-Year Sales 2024
Reconnecting with our Client
AUTUMN-WINTER 2024 | FIRST LOYALTY PROGRAM & |
CATALOGUE | WEB TV PLATFORM IN FRANCE |
What our Client is saying
"Easy to understand and appealing"
Available in stores and as a
supplement in Fashion & Home
Decoration magazines across France | What our client is saying |
440,000 copies | "Netflix of Home Decoration" |
4. Q4KEYPRIORITIES
ADVERTISING
CAMPAIGNS
10
Third-quarter and nine-month 2024 sales
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |