LEXIBOOK
FISCAL Q4 22-23 BETTER THAN EXPECTED AT €7.5M VS €8.4M IN Q4 21-22. HISTORIC ANNUAL SALES UP 13.3% to €51.2M vs. €45.2M THROUGH GROWTH IN FRANCE AND ABROAD. GOOD PROSPECTS FOR THE NEW FISCAL YEAR 2023-24.
LEXIBOOK: FISCAL Q4 22-23 BETTER THAN EXPECTED AT €7.5M VS €8.4M IN Q4 21-22. HISTORIC ANNUAL SALES UP 13.3% to €51.2M vs. €45.2M THROUGH GROWTH IN FRANCE AND ABROAD. GOOD PROSPECTS FOR THE NEW FISCAL YEAR 2023-24.
- Q4 fiscal activity remained very dynamic. After an exceptional Q4 21-22 with 175.8% growth, Q4 22-23 sales were better than expected at €7.5M vs. €8.4M in 21-22. For the full fiscal year, which grew by 66.3% in 21-22, sales rose by a further 13.3% to €51.2M vs. €45.2M a year earlier, whereas they were expected to be close to €50M.
- Sales growth was driven by toys, watches, musical instruments and walkie-talkies, thanks to new products under the Group's own brands and licensed products.
- Over the fiscal year, sales rose by 17% in the French market, which accounted for 38% of total sales. International sales are also growing, both on traditional networks and on the Internet, and have significant potential.
- The Group continued its communication campaign in Europe during the quarter, exceeding one billion digital impressions over its fiscal year.
- Q1 22-23, which was already up 78.2% in 21-22, is expected to be close to this level in the new year, and augurs a new year of profitable growth for Lexibook. The Group could benefit from the current level of the U.S. dollar if it remains at this level for the rest of the year and from the improvement in international freight conditions to improve its margins.
Lexibook (ISIN FR0000033599) announces today its turnover (unaudited) for the period ending March 31, 2023 (period from April 1er 2022 to March 31, 2023).
Consolidated revenues (M€) | 2021/2022 | 2022/2023 | Var |
1st quarter | 5,08 | 6,93 | +36,4% |
Of which FOB | 1,31 | 2,22 | |
Of which Non FOB | 3,77 | 4,71 | |
2nd quarter | 9,82 | 13,4 | +36,5% |
Of which FOB | 2,96 | 4,32 | |
Of which Non FOB | 6,86 | 9,08 | |
3rd quarter | 21,86 | 23,41 | +7,1% |
Of which FOB | 2,58 | 0,72 | |
Of which Non FOB | 19,28 | 22,69 | |
4th quarter | 8,44 | 7,49 | -11,3% |
Of which FOB | 1,35 | 1,87 | |
Of which Non FOB | 7,09 | 5,62 | |
Total 12 months | 45,2 | 51,2 | +13,3% |
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