Claranova: stable sales for 1st half-year

(CercleFinance.com) - Claranova announces that sales for the first half of 2024-25 amounted to 294 million euros, stable on a like-for-like basis, despite an unfavorable holiday season in the United States and the United Kingdom.


'This tighter schedule also led to significant logistical pressure to deliver personalized Christmas products on time, such as gift cards made from traditional Thanksgiving photos', says the group.

The parent company of PlanetArt and Avanquest anticipates a significant improvement in profitability in the first half of 2024-25, with normalized ROC expected to record double-digit growth, and reaffirms its targets for 2027.

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