Design Line PerformanceThe Design product line, including Leiner, totaled € 43.2m, down by 13.7% YoY, with Gibus stand-alone declining by 22.6%.
Domestic Revenue DeclineDomestic revenues totaled € 46.4m, down by 9.1% YoY, mainly as a result of the progressive normalization of the domestic market after the government decided to prohibit the transfer of the tax credits.
Weak DemandH1-24 was affected by weak demand as a result of declining consumption, which started in 2023 due to rising inflation coupled with the bad weather conditions in Europe in spring, which deterred consumers from buying outdoor items.