The distributor of high-tech products Groupe LDLC on Thursday published sharply increased sales in the third quarter, which led it to once again raise its objectives for its 2020-2021 financial year.
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LDLC Group saw its turnover jump 51.3% (+ 27.1% at constant scope) over one year to stand at 227.8 million euros in the third quarter (October to December) of its staggered exercise.
All activities
"continue to benefit from the favorable dynamics that we have observed since the end of the first confinement and from an end-of-year period particularly favorable to e-commerce"
, underlined Olivier de la Clergerie, general manager of the company, cited in a press release.
700 million euros expected for sales
As a result, for the entire 2020-2021 fiscal year, sales should amount to around 700 million euros, now LDLC tables, which had already revised this target up three times.
As for the gross operating surplus, it should reach nearly 60 million euros against 53 million previously expected.
At the end of the first nine months of the financial year, consolidated sales amounted to 542.1 million euros, up 45.5%,
“already higher than that achieved on the entire 2019-2020 financial year
,
”
observes the company.
This increase is linked in particular to the strong acceleration of sales activities to individuals and professionals, but also to the contribution of Top Achat acquired in April 2020, specifies LDLC.
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