Improvement of the Trend at Miliboo in the 3rd Quarter 2024-2025

Miliboo, a digital player in the furniture sector, reported improved performance in the third quarter of the 2024-2025 fiscal year. Despite a 3.9% decline in revenue to €11.1 million, the decline was less pronounced than expected. In France, the decline was 7.5%, but international sales saw notable growth of 19.3%. This performance is primarily attributed to the success of Black Friday events and sales.

For the first nine months of the fiscal year, revenue stood at €30.0 million, down 9.7%. Sales in France fell by 13.3%, affected by the real estate crisis, while international sales grew by 13.3%, strengthening Miliboo's reputation in Europe. Faced with an uncertain market, the company remains cautious for the rest of the fiscal year.