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lefigaro.fr
🌐 75% Global Worthiness
Elo Group Reports €1.2 Billion Loss, Plans Restructuring
Elo group reported a €1.2 billion net loss in 2024, despite a 1.6% sales increase to €32.3 billion, due to asset impairments and decreased profitability; Auchan, facing a social plan affecting 2,400 jobs, aims for a turnaround through price investments and asset sales, while Elo plans financial rest...
Elo Group Reports €1.2 Billion Loss, Plans Restructuring
Elo group reported a €1.2 billion net loss in 2024, despite a 1.6% sales increase to €32.3 billion, due to asset impairments and decreased profitability; Auchan, facing a social plan affecting 2,400 jobs, aims for a turnaround through price investments and asset sales, while Elo plans financial rest...
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