Emova Group: good first half











Photo credit © Reuters


(Boursier.com) — After a 1st quarter up 20%, the 2nd quarter came to 34.3 ME, stable compared to the 2nd quarter of 2020/2021 ofEmova Groupand up 11.5% compared to the pre-crisis level.

The volume of business under banners for the 1st half of 2021/2022 stands at 66.9 ME, up +8.6% compared to the 1st half of the previous financial year (61.6 ME) and 11.7% compared to the level of the 2018/2019 financial year, i.e. before the health crisis (59.9 ME).

Franck Poncet, Chairman of the Executive Board of Emova Group, said: “Emova Group achieved a good overall performance in the first half of the year with a business volume of nearly 67 ME, up nearly 12% compared to last year. before the health crisis, and nearly 9% compared to the first half of the previous financial year After a first quarter of growth of more than 20% and a very good performance on Valentine’s Day with an increase in business volume by nearly 40%, our activity has slowed down in recent weeks given the gloomy global context that is not very favorable to festive purchases. This slowdown should only be temporary: we confirm our objective of normalized growth in turnover and sales. ‘Adjusted EBITDA for the financial year 2021/2022’.


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