Q1 2024 Results - Investor Presentation
Key Highlights - Q1 2024 Market environment
THOM
Q1 2024 Results - Investor presentation March 15, 2024
Compared to the full retail market, France overperformed in
1Q24A. Italy significantly increased its sales vs. last year. The
performance is driven by our leading brands as secondary
brands were more impacted by tougher market conditions.
Variation of Network sales in Q1 2024, vs. Q1 2023 vs. traffic
France Q1 2024 [*]
-0.1%
0.0%
(3.0)%
1.5%
Italy Q1 2024 [**]
9.3%
9.3%
0%
3.9%
(6.0)%
Oct23A
Nov23A
Dec23A
Oct23A
Nov23A
Dec23A
French market
France - Total Network Sales (in %)
Italy Total Network Sales (in %)
[*] Information on Market in Q1 2024 comes from Retail Int. This
relates to mass-market stores in France (all categories), so not
specific to THOM market (jewellery and watches)
[**] Information on traffic in Italy is no longer available in Q1 2024.
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