LDLC: down after nine-month sales figures

(CercleFinance.com) - LDLC dropped 7% after the online distributor of IT equipment announced sales of 431.
3 million euros for the first nine months of its 2023-24 financial year, up 1.6% (-3.2% on a like-for-like basis).

BtoC sales rose by 3.3% to 292.9 million, thanks in particular to the gradual normalization of new equipment rates for high-tech equipment, but BtoB sales fell by 2.3% to 128.1 million (-13.2% on a like-for-like basis).

Although it was able to return to slight organic growth in the first half of 2023-24, LDLC is now aiming for sales to break even over the full year, 'in view of the volatility of demand'.

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