Finance

Four exceptional Brands
generate €1,231M in
sales in 2023

Message from Isabelle Guichot, SMCP CEO

“In a deteriorating macroeconomic environment marked by a slowdown in consumption and high inflation, SMCP achieved double-digit growth in Asia and resilient sales in Europe and the United States. Although the Group's profitability has been impacted and despite an improvement in the second half of the year, we have been able to preserve the company's financial strength. A similar trend is expected for 2024, at least in the first half of the year. We have therefore decided to accelerate our action plan to revive our profitable growth momentum. We will particularly intensify our efforts to enhance the desirability of our brands and in digital, optimize our store network across various regions and deeper delve into cost management, while maintaining our focus on profitability and cash generation. We expect to see the first benefits of this plan by 2024, with further acceleration from 2025 onwards.”

SMCP Euronext Paris

2.47 €

-1.20%

2023 key figures

All our key figures

€1,231M

Full year sales

21%

Digital sales

66%

International sales

Latest publications

Contacts

For more d'information, click on the contact link below.

Investor Relations - SMCP investor-relations@smcp.com
Media - Brunswick smcp@brunswickgroup.com