LFL

WPP First Quarter Trading Update

Retrieved on: 
Donnerstag, April 25, 2024

During the quarter we continued to invest in WPP Open, our intelligent marketing operating system powered by AI, as part of our annual investment of £250m in AI, data and tech.

Key Points: 
  • During the quarter we continued to invest in WPP Open, our intelligent marketing operating system powered by AI, as part of our annual investment of £250m in AI, data and tech.
  • WPP was proud to be recognised by the NVIDIA Partner Network as the Industry Innovation Partner of the Year in EMEA.
  • During the quarter, WPP topped the WARC Media 100 for the seventh year running and topped the WARC Creative 100 for the second consecutive year.
  • Proportion of WPP revenue less pass-through costs in Q1 2024; table made up of clients representing 77% of WPP total revenue less pass-through costs.

'Dog Man' Little Free Libraries Coming to All 50 States through Scholastic and Little Free Library's 'Power Up with Reading' Initiative

Retrieved on: 
Dienstag, März 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- Scholastic, the global children's publishing, education and media company, and the Little Free Library (LFL) nonprofit organization whose mission is to expand book access, are excited to announce their "Power Up with Reading" initiative to grant Dog Man–themed Little Free Library book-sharing boxes to sites catering to children and families across all 50 United States. Dog Man author and illustrator Dav Pilkey, in coordination with Scholastic and Little Free Library, will donate 50,000 books to support these libraries and help ignite a passion for reading.

Key Points: 
  • Dog Man author and illustrator Dav Pilkey, in coordination with Scholastic and Little Free Library, will donate 50,000 books to support these libraries and help ignite a passion for reading.
  • Additional Dog Man Little Free Library installations are planned for Washington, DC, New York City, Atlanta, Baltimore, Detroit, Houston, New Orleans, Phoenix, Portland, Madison, and San Francisco, with more cities to be announced.
  • I'm grateful to the many librarians, teachers, and the teams at Little Free Library and Scholastic.
  • "At Little Free Library, we strive to be the connective fiber between book resources, community partners and book access points.

EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

Retrieved on: 
Mittwoch, März 13, 2024

DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Key Points: 
  • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
    IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
    Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
  • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
  • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
  • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

Coty to Update on Market Beating Progress, Outlook, and White-Space Opportunities at CAGNY 2024 Conference

Retrieved on: 
Dienstag, Februar 20, 2024

Coty will provide an update on its strategic and financial progress, its outlook for the future of the beauty market, significant white-space opportunities the Company is targeting, and its plans to create the must-have beauty products of tomorrow.

Key Points: 
  • Coty will provide an update on its strategic and financial progress, its outlook for the future of the beauty market, significant white-space opportunities the Company is targeting, and its plans to create the must-have beauty products of tomorrow.
  • Coty is building on these strong foundations with a market beating outlook for FY24 of +9-11% LFL revenue growth and +11-12% adjusted EBITDA growth, implying margin expansion of +10-30 bps.
  • Management’s impressive track record and the Company’s transformation underpins Coty confidence to deliver a best-in-class medium-term growth algorithm and drive leverage towards 2x exiting CY25.
  • Our recently announced licenses with two exciting luxury brands, Marni and Etro, reinforce Coty’s position as the go-to beauty partner.

EQS-News: Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Retrieved on: 
Donnerstag, Februar 15, 2024

Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Key Points: 
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    The issuer is solely responsible for the content of this announcement.
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    Group sales (net) increased by 8.0% (reported) to around 1.56 billion euros (like-for-like, “lfl”: +7.5%) with continued omnichannel growth: store sales (net) up 6.7%, E-Com sales (net) up 10.7%
    Profitability significantly increased: Adjusted EBITDA increased by 12.6% to 348.3 million euros with a higher adj.
  • Actual Group sales (net) are slightly below the previous communicated +8.3% due to the discontinuation of the Spain restructuring adjustments and minor consolidation effects.
  • “The months from October to December are the most important sales period of the year for us”, said Sander van der Laan, CEO DOUGLAS Group.

Coty Delivers Strong Q2 and 1H24 Results with Growth Ahead of Beauty Market

Retrieved on: 
Mittwoch, Februar 7, 2024

The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.

Key Points: 
  • The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.
  • In Q2, Coty also saw double-digit percentage LFL revenue expansion in prestige cosmetics, with strong momentum in Kylie, Burberry and Gucci.
  • Coty's Consumer Beauty Q2 revenues grew by 7% as reported and 5% LFL, growing in-line with the global mass beauty market.
  • The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

O`KEY GROUP REPORTS 5.2% NET RETAIL REVENUE GROWTH, DA! DISCOUNTERS REVENUE GREW 22.1% IN Q4 2023

Retrieved on: 
Montag, Februar 5, 2024

Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!

Key Points: 
  • Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!
  • discounters' net retail revenue increased by 22.1% YoY to RUB 17.5 bn, led by both LFL net retail revenue growth and the chain’s expansion.
  • O`KEY hypermarkets’ net retail revenue decreased by 3.4% YoY to RUB 141.9 bn due to a decrease in LFL revenue and selling space.
  • discounters’ net retail revenue grew by 19.8% YoY to RUB 63.8 bn, led by LFL revenue and selling space growth.

EQS-News: Challenging market, strong results: Mister Spex confirms guidance with 6% revenue growth and positive adjusted EBITDA

Retrieved on: 
Montag, Februar 5, 2024

This growth is within the projected guidance range of mid-high single-digit growth.

Key Points: 
  • This growth is within the projected guidance range of mid-high single-digit growth.
  • The adjusted EBITDA is expected to be in line with the guidance range, reflecting a positive adjusted EBITDA margin in the low single-digit percentage.
  • In the fourth quarter, revenue increased by 7% year-on-year, driven by a robust 10% growth in the Germany segment.
  • Mister Spex sustained its momentum in growth by further enhancing the Average Order Value (AOV), achieving a strong 10% increase.

Halfords Group PLC: Q3 Trading Update: Financial Year 2024

Retrieved on: 
Dienstag, Januar 30, 2024

The Consumer Tyres market remained subdued, with drivers continuing to delay essential maintenance for longer than anticipated.

Key Points: 
  • The Consumer Tyres market remained subdued, with drivers continuing to delay essential maintenance for longer than anticipated.
  • Recent data from TyreSafe estimates that one-in-four tyres on Britain’s roads could be illegal, equating to just over 10 million tyres.
  • “In what remains a very challenging time for our customers, we are pleased to have delivered a resilient performance in Q3.
  • Recent TyreSafe data estimates that one-in-four tyres on Britain’s roads could be illegal, equating to just over 10 million tyres.

Little Free Library Announces Volunteer Engagement Initiative 'Team LFL'

Retrieved on: 
Dienstag, Januar 23, 2024

SAINT PAUL, Minn., Jan. 23, 2024 /PRNewswire/ -- Calling all volunteers! Today the Little Free Library® (LFL) nonprofit organization unveiled its new volunteer engagement initiative: Team LFL. Groups and individuals in the U.S. can join Team LFL to discover volunteer opportunities in their area that support Little Free Library boxes and broaden access to books. From "Book Restocker" to "Little Free Library Locator" there is a volunteer role suited to your skills and interests.

Key Points: 
  • Today the Little Free Library® (LFL) nonprofit organization unveiled its new volunteer engagement initiative: Team LFL.
  • Groups and individuals in the U.S. can join Team LFL to discover volunteer opportunities in their area that support Little Free Library boxes and broaden access to books.
  • From "Book Restocker" to "Little Free Library Locator" there is a volunteer role suited to your skills and interests.
  • "If you've ever visited a Little Free Library and wondered how you could get involved, join Team LFL! "