Q1 2024 Results - Investor Presentation
Conclusion
Conclusion
Resilient sales performance across the board
Development of the attractiveness of our leading brands with a
good performance in 1Q 2024 and disappointing performances of
our secondary brands which are more dependant to market
trends
Positive start of Agatha development
Inflation in line with expectations for FY 2024, with positive outlook on
energy and negative on Gold
Favourable price/mix effect
Positive outlooks with significant decrease on energy prices,
hedged until 2025 and USD with current fixing close to 1.10
USD/EUR rate
In a context of market anticipation of lower inflation, Gold fixing
has continued to increase to 63€/gram.
Focus on gains of market shares in our main geographies
We have decided in FY23 to limit our selling price increases to
benefit from gain in market shares with results in line with
expectation (Significant increase in volumes, increase in Gross
Margin in Value). Nevertheless, the Group has continued to test
opportunistic price increases with encouraging results in Belgium
and then decided over FY24 to progressively implement price
increases in France in waves throughout FY24 that are projected
to fully materialize in FY25.
WeTHOM CSR
Launch of 20 key CSR projects which will be the cornerstone of
our CSR roadmap
The internal communication of our CSR roadmap has been
made in October during the Group conventions.
New SLB Note
Refinancing
On February 14, Goldstory S.A.S announced the closing of the
offering of its €350 million aggregate principal amount of
sustainability-linked floating rate senior secured notes due 2030
(the "Floating Rate Notes") and its €500 million aggregate
principal amount of 6.75% sustainability-linked senior secured
notes due 2030 (the "Fixed Rate Notes" and, together with the
Floating Rate Notes, the "Notes").
Q2 2024 Results
Q2 2024 results and investors call on May 30, 2024.
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Q1 2024 Results - Investor presentation March 15, 2024
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