Brief: SMCP Sees First Results Of Mid-Term Action Plan As Early As 2025

Smcp SA

29/10/2024 07:05

Oct 29 (Reuters) - SMCP SA  SMCP.PA :
    * PURSUIT OF MID-TERM ACTION PLAN OF SAVINGS TO GET BACK TO
PROFITABLE GROWTH
    * PURSUIT OF NETWORKOPTIMIZATION WITH 35 NET CLOSINGS IN
QUARTER,
NOTABLY IN ASIA AND FOR CLAUDIE PIERLOT IN EUROPE, TO REACH
1,666 POS
    * IN CHINA, THIRD-QUARTER SALES CONTINUE TO BE IMPACTED BY A
DETERIORATED ENVIRONMENT AND A DECLINE IN TRAFFIC
    * CONFIDENT THAT ACTION PLAN WILL DELIVER FIRST TANGIBLE
RESULTS
AS EARLY AS 2025
    * Q3 SALES EUR 293 MILLION

Source text:  ID:nGNE7qHVv3 
Further company coverage:  SMCP.PA 

 (Reporting by Johan  BODINIER)
 ((JohanGeorgesRoger.BODINIER@thomsonreuters.com;))