Écomiam: Half-Year Results and Outlook 2024/25

Ecomiam, a frozen food retailer, has published its half-year results for the 2024/25 financial year. Store sales declined 3% in a challenging consumer environment, reaching €20.5 million. Despite this, the company recorded a notable improvement in its gross margin, reaching 40.4%, an increase of 2.9 points compared to the previous year.

The improvement in the network's operating profit, now at €1.5 million, reflects improved profitability thanks to purchasing gains and rigorous supply management. However, the consolidated net profit remains negative at -€1.3 million, although this is an improvement compared to -€1.6 million the previous year.

In response to these challenges, écomiam is pursuing a strengthened performance plan, including cost optimization and a shop-in-shop model, with potential fundraising of up to €7.0 million. These measures aim to ensure a return to stable profitability by the 2026/27 financial year.