Global Fashion Group (ETR:GFG) results for the first half of 2024
Key financial results
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Sales: €337.5 million (18% less than in the first half of 2023).
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Net loss: €56.0 million (loss reduced by 30% from H1 2023).
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€0.25 loss per share (improvement compared to €0.36 loss in the first half of 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Insights into the results of the Global Fashion Group
An average sales growth of 2.0% pa is expected for the next three years. In contrast, growth of 5.9% is forecast for the German specialist retail sector.
Performance of German specialist retail.
The company’s shares rose 23% compared to the previous week.
Risk analysis
Find out about the 3 warning signs We discovered some at Global Fashion Group (including 1 that is of concern).
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