Moderate performance for Damartex in the first quarter of 2024/2025

Damartex Group announces a turnover of 109.9 million euros for the first quarter of the 2024/2025 financial year, representing a modest increase of 0.6% at real exchange rates compared to the previous year. This increase demonstrates the Group's responsiveness and adaptability in a complex economic context, which gives hope for better performances in the future.

The "Fashion" sector achieved 82.5 million euros, with an increase of 1.6% at real rates. The Xandres brand stood out with a growth of 7.8%. On the other hand, the "Home & Lifestyle" sector experienced a decrease of 3.4%, impacted by the contraction of the German market.

In the "Healthcare" sector, a slight increase of 0.3% was recorded. The strategic choice to refocus Almadia's activity augurs better prospects in the medium term.