on Lexibook (EPA:LEX)
Lexibook: Revenue growth in Q3 2024-25 despite logistical challenges
Lexibook announces a turnover of 39.3 million euros for the third fiscal quarter 2024-25, up 31.1% compared to the previous year. Over the first nine months, total turnover increased by 23.43%, reaching 64.37 million euros. This performance is the result of increased demand for both new smart toys and licensed products.
The company has expanded its international presence, particularly in the United States, through intensive communication campaigns. However, logistical tensions related to the Red Sea conflict have led to a significant increase in freight costs. These factors, combined with a strong dollar, could affect future margins. Additional US tariffs from February 2025 are another source of concern.
R. H.
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