Mr.Bricolage Announces 2023 Consolidated Earnings Amid Economic Challenges

Orléans, France-based Mr.Bricolage SA has released its consolidated earnings for the fiscal year 2023, emphasizing sustained growth and resilience amid the economic hurdles. The company has seen an addition of 111 new points of sale to its network, reaching a total of 1,088 stores at the beginning of 2024. This expansion aligns with the Group's strategic plan, the 1Pacte 2022-2025, which aims at fostering sustainable growth. According to Christophe Mistou, the CEO, the network's development underlines the brand's attractive positioning and the trust vested by member and affiliate networks.

In a detailed breakdown, the group reported a business volume nearing €2.3 billion, with a significant percentage emanating from the French market. The international segment also noted a positive trajectory, showcasing an increase in both store numbers and volume of business. Despite the ambitious expansion and the economic downturn affecting consumption patterns, the Group has managed to uphold a solid EBITDA margin of 11.2% for 2023.

The company's strategic maneuvers have also reflected in its revenue standings, with consolidated revenues marking €293.3 million, influenced by e-commerce’s significant growth, yet affected by a dip in logistics activities. Heading into 2024, Mr.Bricolage is dedicated to continuing its strategic plan focusing on competitiveness, operational excellence, and responsible growth amidst the prevailing economic scrutiny.