Mr.Bricolage: 2024 First-Half Earnings

Mr.Bricolage reported its consolidated earnings for the first half of 2024, showing resilience despite challenging market conditions. The group continued to expand its member and affiliate networks, increasing the number of points of sale to 1,091 from 979 at the end of 2023.

The company generated a business volume of €1.1 billion, with 85% in France and the rest in 11 other countries. However, this represents a 4.4% decrease on a like-for-like store basis compared to the first half of 2023. Consolidated revenues for the period reached €151.7 million, down 7.2% year-over-year.

EBITDA came in at €14.7 million, reflecting the cautious management and ongoing strategic initiatives. The net profit for the period was €8.5 million, a decrease from €13.1 million in the first half of 2023.

The group's financial health remains stable, with net financial debt reduced to €6.9 million and cash reserves increased to €45.6 million. The company focuses on implementing its 1Pacte plan to support long-term growth.