Hampered by difficulties in supplying graphics cards, the distributor of high-tech equipment has reduced its forecasts for the year.
Bamboo blow on the title LDLC.com | Photo credit: Shutterstock
The logistical difficulties and shortages, which slow down the supply of graphics cards, have left their mark at LDLC.com. Thursday evening, on the occasion of the publication of its nine-month turnover, the distributor of high-tech equipment revised its annual growth forecast downwards. Now, he anticipates 720 million euros in revenue for the 2021-2022 financial year, which will end at the end of March, against 750 million previously.
Complexes
The gross operating surplus should be around 65 million euros, against 70 million expected so far. ” The group is continually adapting its operational capacities to best respond to current supply challenges, which remain complex. “Said Olivier de la Clergerie, the group’s general manager. On the stock market, the announcement had the effect of a bomb: the title unscrewed by 8.9%, to 44 euros, its largest drop since April 2020.
Between the months of October and December, which cover the third quarter of the company, sales came out below expectations, at 191.4 million euros, a drop of 16% over one year. BtoC activity fell by 19.7%. ” The group was unable to have as many graphics cards in the Christmas quarter as in the previous year (down around -35%). This lower level of supply of cards has had a major impact on the growth trajectory over this period traditionally of very high activity, by also influencing, indirectly, on sales of assembled PCs “, explains LDLC.com. BtoB activity showed a more moderate decline of 6.3%, linked to shortages of Apple products, while other activities remained stable. Over the first nine months, the distributor’s turnover amounted to 524.8 million euros, or 3.2% less than a year ago.
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