ECOMIAM: Six months result 2021 / 22-2022 June 15, 22:15 pm

  • Store sales increased by 22.8%

  • Total commercial profit margin improved by 3.1 points to 36.4%

  • Network operating profit after deducting structural costs is 600,000 euros

  • The gradual launch of POS and the development of marketing activities in new regions had a temporary impact on business performance.

  • Solid level cash 8.7 million euros

  • The full effect of the action plan to return to profitable growth in the expected communication behavior next year and the trajectory of 2025 ambitions

ecomiam (ISIN code: FR0013534617-mnemonic: ALECO), French n ° 3
[1]
Specialized sales of frozen foods

2021/22 We will publish the results of the half year of the fiscal year (period from 1)

er

From October 2021 to March 31, 2022), considered by the Board of Directors on June 13, 2022.

K €-French Standards-Unaudited Data

2020/21

2021/22

turn over


-Of which, store sales

16,998

15,167

19,548

18,631

Total trading margin

(Freezing / packaging)

Percentage of product sales

5,043

33.3%

6,783


36.4%

Total operating surplus
[2]


Percent of sales

391

2.3%

(526)


――――

Business results


Percent of sales

229

1.3%

(843)


――――

Revenue

(33)

(14)

Exceptional results

26

(17)

Consolidated net income

161

(883)


Double-digit growth of 1

er

Half of 2021/22 despite a tense macroeconomic environment

Under 1 year old

er

Half of the 2021/22 fiscal year,

ecomiam

Consolidated sales were € 19.5 million, an increase of 15.0% compared to the same period in the previous fiscal year. Businesses earlier this year are evolving in an inflationary situation that is curbing household consumption and gradually increasing retailers in new regions in the process of commercial conquest (as a reminder, according to its commitment).

ecomiam

We opened 29 new sales offices in the 2020/21 fiscal year and 10 new sales offices in the first fiscal year.

er

The 2021/22 semester, 82% of which is outside Brittany).

Store sales

[3]

, Increased by 22.8% and benefited from 10 new store openings during the period. Similarly, store sales decreased -16.2% year-on-year, with a high comparative effect (+ 48.5% growth in one year).

er

2020/21 semester) The pandemic is still conspicuous.

On the other hand, compared to 1.

er

2018/19 Semi-Annual, Pre-Health Crisis Period, Store Sales from 1

er

The 2021/22 semester showed an increase of 27.7% on a comparable store network basis, confirming the underlying favorable trends.


Total commercial profit was 36.4%, an improvement of 3.1 points

In connection with the increase in activity, the total commercial rate of return increased by 34.5% to 6.8 million euros, or 36.4%, an improvement of 3.1 points.

ecomiam

Do not support growth at the expense of margins.

To support the dynamics of network deployment

ecomiam

We continued to build the organization according to the development plan. Therefore, labor costs increased by 21.6% under control to 1.2 million euros compared to 1 million euros.

er

Half of 2020/21, equivalent to 6.3% of revenue (1 to 6%)

er

2020/21 semester). External costs increased by € 1.6 million over the year due to the following impacts:

  • Increasing fees paid to affiliates in connection with the expansion of affiliate networks,

  • Expanding customer loyalty and marketing efforts to strengthen the brand’s reputation throughout the region, following the commitment made during the IPO,

  • Increased transportation costs in the context of fuel cost inflation.

Therefore, EBITDA was € 500,000 in half a year, compared to € 400,000 in the same period in 2020/21.

The operating profit of the network before overhead reached 600,000 euros in one year.

er

Half of 2021/22 had a margin rate of 3.5%, down 3.8 points from the previous year’s € 1.1 million.

After considering head office expenses, operating profit reached -0.8 million euros in one year.

er

2021/22 semester.

Finally, 1 consolidated net income

er

Half of 2021/22 comes out at -900,000 euros.


Available cash 8.7 million euros

In the face of ongoing inflationary pressure

ecomiam

We raised the inventory level at the end of March 2022 to 4.4 million euros (3.1 million euros at the end of March 2021).

Balance sheet

ecomiam

As of March 31, 2022, shareholders’ equity was € 11.7 million, cash available was € 8.7 million and total financial liabilities were € 2.8 million.

ecomiam

It will fund the funding needs associated with the development of the network (WCR change-0.2M € and investment 0.7M €) and will provide the company with the necessary funding base to fund the development plan.


Outlook and development

Later this year,

ecomiam

We have set the following priorities:

  • Continue optimizing operating costs,

  • We will continue to expand our targeted customer relationship actions while strengthening our brand’s reputation across the region.

The full impact of these actions on the business is expected in fiscal year 2022/23.

Finally, there is a one-sided pool of applications for about 1,600 files to belong to.

ecomiam

We are confident in our network development and our 2025 ambition to reach 125 sales locations.

It has sales of 110 million euros and operating profit of 7 million euros.


Next communication

  • Sales at the third store

    th

    2021/22 quarter, July 7, 2022 (after market closure)


Find all information about

www.ecomiam-bourse.com


About ecomia

Family business established in 2009,


ecomiam


Is the first ethical and accessible network for distribution of essentially untreated freezing products and 100% French products.network


ecomiam


Is made up of 67 sales offices as of May 31, 2022, with a “click and collect” offer and an online sales site that offers home delivery within 24/48 hours throughout mainland France.

In 2021


ecomiam


We achieved consolidated sales of € 36.2 million, up 57.4%.



contact address

Investor public relations


News Finance & Communication

Corinne POWERFUL

[email protected]

like that. 01 53 67 36 77

Public relations


News Finance & Communication

Fatou-Kine N’DIAYE

[email protected]

like that. 01 53 67 36 34


[1]

Source: Xerfi Survey – Number of Stores in March 2021



[2]

EBITDA: Operating profit + depreciation and provisions

[3]

Cash flow from stores that account for more than 95% of consolidated sales


This post has a “🔒 Actusnews SECURITY MASTER” service.


-Security Master Key:

mpmcYsdtZpnKy22clZiabmSZZ2hqxZKWm2fLk2pxZseUa29hnW6Va5bLZnBmlWZv

-To verify this key:

https://www.security-master-key.com.



Regulatory information:


Inside information:

-Account, press release on results


Complete original press release in PDF format:

https://www.actusnews.com/news/75019-communique-ecomiam-rs-2021_22-vdef.pdf

© Copyright ActusnewsWire

Sign up for www.actusnews.com and receive your company’s next press release for free by email.

..