Emova Group SA (FR:ALEMV) has released an update.
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Emova Group SA, the French leader in plant and flower retail, reports a first half turnover of €14.8 million, an 11% decrease from the previous year due to strategic branch network rationalization. Despite the drop, the Group’s EBITDA margin improved by 0.6 points to 20.5%, demonstrating the operational efficiency of the business. The company’s net result stands at -€0.6 million, impacted by the net loss in value from closed and divested stores.
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