Groupe LDLC société anonyme (ALLDL) Q2 24/25 TU earnings summary

Executive summary

• Consolidated H1 2024/2025 revenues reached €243.7m, down 8.7% year-over-year due to economic and political headwinds.

• Demand in both BtoB and BtoC segments remained under pressure, with investment and consumer spending postponed.

• Rue du Commerce brand began contributing in Q2, supporting BtoC positioning and profitability optimization.

Financial highlights

• Q1 revenues: €118.1m, down 6.9% year-over-year; Q2 revenues: €125.6m, down 10.3%.

• H1 revenues: €243.7m, down 8.7% versus H1 2023/2024; at constant scope, down 9.1%.

• Business volumes including franchises and marketplaces: €255.5m, down 7.9% as reported.

Outlook and guidance

• Economic and political climate has lengthened high-tech product upgrade cycles, impacting profitability.

• Group expects to return to normalized profit levels in the medium term, leveraging strong logistics and customer base.