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Damartex Reports Resilient Performance Amid Revenue Decline

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Damartex Reports Resilient Performance Amid Revenue Decline

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An announcement from Damartex SA ( (FR:ALDAR) ) is now available.

Damartex reported a slight decline in revenue for the first semester of the 2024/2025 fiscal year, totaling €284.6 million, a decrease attributed to unfavorable weather conditions affecting thermal textile sales. Despite this, the company exhibited resilience through strong digital and physical sales and continued implementation of its strategic plan ‘Dare. Act. Impact 2026.’ The Home & Lifestyle division showed growth, while the Fashion division experienced a downturn, particularly in the second quarter. The company remains committed to sustainable development and operational agility amid an unstable economic environment.

More about Damartex SA

The Damartex Group is a major European distributor focusing on the senior market, aiming to lead in the Silver Economy. It operates through three divisions: Fashion, with brands like Damart and Xandres; Home & Lifestyle, including 3 Pagen, Vitrine Magique, and Coopers of Stortford; and Healthcare, featuring Almadia, Santéol, and MSanté. Damartex is primarily active in Europe, notably in France, Great Britain, Belgium, and Germany.

YTD Price Performance: 3.92%

Average Trading Volume: 400

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €58.91M

See more data about ALDAR stock on TipRanks’ Stock Analysis page.

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