LabelVie Group has achieved a 2.2% increase in consolidated sales for the end of September 2024 compared to the previous year. The company's like-for-like merchandise sales have remained stable, indicating its ability to adapt to market changes and consumer demands.
The Group has made significant investments in France, totaling 862.9 million dirhams, primarily focused on store expansion, renovations, and a digital transformation initiative launched in 2022. After selling a 40% stake in OPCI Terramis, net investment amounted to 391 million dirhams. Despite the increased investment, LabelVie has maintained a stable net debt of 3.8 million dirhams as of September 2024, demonstrating effective financial management during ongoing growth initiatives.