Roche Bobois SAS (FR:RBO) has released an update.
Roche Bobois SA, the high-end furniture titan, reports a slight dip in first-half 2024 revenues to €204.4M, a 7.8% decrease, but maintains robust own-store business volumes consistent with the previous year’s high. The company anticipates a return to revenue growth in the latter half of the year, backed by a solid order portfolio, and aims for a full-year revenue on par with or exceeding the record set in 2023. Despite a projected 5-10% EBITDA decline during the year due to newly integrated stores’ ramp-up, the outlook remains positive with strategic expansions in the United States, Canada, and China.
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