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Mr.Bricolage Advances Logistics with Major Investment in France

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Mr.Bricolage Advances Logistics with Major Investment in France

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Mr Bricolage SA ( (FR:ALMRB) ) has issued an update.

Mr.Bricolage is enhancing its logistics capabilities in France as part of its 1Pacte 2021-2025 strategic plan by doubling the storage area and introducing advanced robotics at its Voivres-lès-Le-Mans site. This 17.2 million euro investment aims to centralize logistics, improve service quality, and reduce carbon impact, while closing the Lhospitalet warehouse and offering redeployment to affected employees.

More about Mr Bricolage SA

The Mr.Bricolage Group, a French specialist in independent DIY retailing, operates under the Mr.Bricolage and Mr.Bricolage Relais brands. As of mid-2024, it manages 1091 points of sale, including 78 international stores across 11 countries, and is listed on Euronext Growth Paris.

YTD Price Performance: -0.83%

Average Trading Volume: 145

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €75.56M

For an in-depth examination of ALMRB stock, go to TipRanks’ Stock Analysis page.

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