(AOF) – In the first half of 2021-2022, Miliboo posted a positive and stable net income compared to the first half of 2020-21, of 0.3 million euros. The restated EBITDA for the digital furniture brand has gone from 1 to 1.1 million euros in one year. The gross margin on sales fell by more than 3 points to 59.2%. “This development is directly linked to the increase in purchasing and import costs, partially offset by the increase in the average basket,” the group said.
Revenue increased 0.7% to € 18.4 million. This performance was achieved in the context of a return to a more standardized commercial environment between in-store and online sales. The average basket over the half-year was 301 euros compared to 267 euros in the first half of 2020-21.
Miliboo “intends to pursue its strategy in the second half of the year aimed at maintaining a good level of availability of the offer while remaining attentive to the evolution of uncertainties weighing on the supply chain”.
“As we enter the second half of the 2021-22 fiscal year, uncertainties remain due to the continuing tensions on the supply chain and on the prices of containers from Asia. Maintaining a high availability rate remains. still a major issue, we remain confident for the rest of the year, assured of the relevance of our multichannel model and the strategic choices made so far “, declared Guillaume Lachenal, CEO and Founder of Miliboo.
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