Roche Bobois 2024 Half-Year Results: In Line with Expectations

Roche Bobois SA announces sales of €204.4 million for the first half of 2024, down 7.8% compared to 2023. EBITDA stands at €36.6 million, representing a margin of 17.9%. This decline is mainly due to an unfavorable market context and a logistics delay at a supplier in Italy.

Despite a drop in gross self-financing margin to €36.2 million, the financial situation remains solid with available cash of €65.5 million and free cash flow up to €13.7 million. The Group expects an acceleration of deliveries for the second half but is no longer targeting the 2023 record.

For the whole of 2024, Roche Bobois anticipates a turnover of €418 million and an EBITDA down by 15 to 20% compared to 2023. The Group is continuing its plan to open new stores under its own management and franchises to offset the cyclical effects of the market.