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Groupe LDLC société anonyme (ALLDL) investor relations material
Groupe LDLC société anonyme Q2 26/27 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY2026-27 revenue was €132.3M, down 5.3% YoY versus a 14.3% decline in Q1; improving momentum was led by BtoB and Rue du Commerce.
H1 revenue was €241.3M, down 9.6%; the EBITDA margin target remains at the FY2025-26 level.
Financial highlights
H1 revenue was €241.3M, down 9.6% YoY; Q2 revenue was €132.3M, down 5.3%.
H1 business volume was €266.0M, down 6.4%; Q2 was €147.0M, down 1.3%, with marketplace growth at Rue du Commerce widening the gap versus recognized revenue.
Social-accounts revenue for H1 FY2026-27 was €210.2M.
Outlook and guidance
FY2026-27 target confirmed: preserve the EBITDA margin at the FY2025-26 level through commercial discipline, cost optimization and controlled inventory.
H1 inventory reduction of more than €20M was expected to improve working capital and cash generation, with benefits visible in H1 accounts.
Medium-term demand recovery expected from new graphics-card generations, AI-related PC innovation and structural IT replacement needs.
- Q1 revenues dropped 14.3% year-over-year, but BtoB grew and EBITDA margin guidance is maintained.ALLDL
Q1 26/27 TU - Revenue up 3.7% to €554.1M, gross margin 24.5%, net income €10.2M, dividend €0.73.ALLDL
H2 25/26 - Revenues rose 3.7% to €554.1m, with record margins and strong BtoC and marketplace growth.ALLDL
Q4 25/26 TU - Q3 revenues up 7.6% and nine-month revenues up 8.8%, led by BtoC and online growth.ALLDL
Q3 25/26 TU - Net income reached €1.5M on 9.5% revenue growth, with strong BtoC and margin gains.ALLDL
H1 25/26 - H1 2025/2026 revenues rose 9.5% to €266.8m, with strong BtoC growth and profitability targeted.ALLDL
Q2 25/26 TU - Q1 revenues rose 7.6% year-over-year, driven by strong BtoC growth and online sales.ALLDL
Q1 25/26 TU - Revenues grew modestly, margins improved, but profits fell as costs rose and BtoB demand softened.ALLDL
H2 23/24 - Revenue down 8.7% to €243.7M, net loss widens to €7.3M, gross margin stable at 21.1%.ALLDL
H1 24/25
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