Brief: Showroomprivé Q1 Net Sales EUR 155.7 Mln

SRP Groupe SA

20/04/2023 17:31

April 20 (Reuters) - SRP Groupe SA  SRPG.PA :
    * Q1 GROUP RECORDING REVENUE OF EUR155.7M, UP 12.3%
    * SHOWROOMPRIVÉ RECORDS GROWTH IN ITS BUSINESS FOR THIRD
CONSECUTIVE QUARTER, WITH A GROSS MERCHANDISE VOLUME OF EUR240
MILLION (+17%) AND A NET REVENUE OF EUR155.7 MILLION (+12%).
    * IN 1ST QUARTER OF 2023, SHOWROOMPRIVÉ POSTED NET SALES OF
EUR155.7 MILLION
    * GROUP EXPECTS BUSINESS TO CONTINUE TO RECOVER OVER NEXT
FEW
QUARTERS
    * IN ORDER TO COPE WITH VOLATILITY OF MARKET, SHOWROOMPRIVÉ
WILL
FOCUS ON IMPROVING ITS GROSS MARGIN BY REMAINING VIGILANT WITH
REGARD TO ITS PURCHASING CONDITIONS AND INVENTORY LEVELS

Source text for Eikon:  ID:nACT79457 
Further company coverage:  SRPG.PA 

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