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Groupe LDLC société anonyme (ALLDL) investor relations material
Groupe LDLC société anonyme Q4 25/26 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Full-year consolidated revenues rose 3.7% year-over-year to €554.1m, with business volumes up 6.2% to €601.1m.
BtoC revenues increased 4.5% to €395.4m, driven by strong online and store performance, despite a Q4 decline due to lack of Nvidia launches.
BtoB revenues grew 1.4% to €146.3m, with acceleration in the second half and a 5.2% increase in Q4.
L'Armoire de Bébé posted standout growth, up 13.0% year-over-year to €9.1m.
Rue du Commerce marketplace sales surged 116% year-over-year, with Q4 up 170%.
Financial highlights
Q4 revenues fell 11.0% year-over-year to €122.8m, mainly due to the absence of new Nvidia product launches.
Gross margin for 2025/2026 is forecast above 24%, exceeding the normalized 21-22% range.
EBITDA expected to surpass €23m, representing an EBITDA margin of at least 4.1%, up from 0.5% the previous year.
Outlook and guidance
Margin-focused strategy to continue, with gross margin and EBITDA margin expected to remain strong.
Short-term headwinds from Nvidia product cycle expected to persist into early 2026/2027.
Medium-term revenue growth anticipated from new Nvidia launches and AI-driven hardware upgrades.
- Q3 revenues up 7.6% and nine-month revenues up 8.8%, led by BtoC and online growth.ALLDL
Q3 25/26 TU29 Jan 2026 - Returned to profitability in H1 2025/2026 with 9.5% revenue growth and improved margins.ALLDL
H1 25/2611 Dec 2025 - H1 2025/2026 revenues rose 9.5% to €266.8m, with strong BtoC growth and profitability targeted.ALLDL
Q2 25/26 TU30 Oct 2025 - Q1 revenues rose 7.6% year-over-year, driven by strong BtoC growth and online sales.ALLDL
Q1 25/26 TU31 Jul 2025 - Revenues grew modestly, margins improved, but profits fell as costs rose and BtoB demand softened.ALLDL
H2 23/249 Jul 2025 - Q1 revenues declined 6.9% year-over-year, but strategic acquisitions target future growth.ALLDL
Q1 24/25 TU9 Jul 2025 - Revenues declined 8.7% year-over-year amid challenging economic and political conditions.ALLDL
Q2 24/25 TU9 Jul 2025 - Revenues declined 8.7% and net loss widened, but gross margin remained stable at 21.1%.ALLDL
H1 24/259 Jul 2025 - Nine-month revenues declined 8.1% year-over-year, with Rue du Commerce driving Q3 growth.ALLDL
Q3 24/25 TU9 Jul 2025
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