on MILIBOO (EPA:ALMLB)
Annual results 2023-2024: Miliboo in strong growth
Miliboo records a record turnover of €43.3 million for the 2023-2024 financial year, an increase of 2.3%. The gross margin exceeds 61%, reaching €26.6 million. EBITDA showed strong growth at €3.1 million, representing 7.2% of turnover. The net result stands at €2.4 million.
Despite a sluggish furniture market and rising international freight costs, Miliboo managed to improve its profitability thanks to rigorous expense management. Sales in France increased by 2.2% and those internationally by 3.4%.
Net cash amounted to €1.4 million, strengthening the financial structure. Miliboo continues to invest and repay its bank debts while generating a positive Free Cash Flow of €1.0 million.
R. E.
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