CHARGEURS Reports 11.2% Revenue Growth in Q3 2024

In the third quarter of 2024, Chargeurs recorded a group revenue of €165.3 million, marking an increase of 11.2% on a reported basis and 10.5% like-for-like compared to the previous year. This growth continues the strong momentum from the first half of the year, supported by gains across all business sectors.

Novacel and Museum Studio emerged as key growth drivers, with like-for-like revenue increases of 11.6% and 28.6%, respectively. Luxury Fibers also contributed significantly, experiencing a 19.7% rise in revenue. The Personal Goods division surpassed the luxury market's growth, achieving a 19.2% increase in revenue.

Strategic acquisitions during the quarter, such as the integration of assets from the Swiss company Cilander and a majority stake in Grand Palais Immersif, bolstered Chargeurs' expertise and market position.