LBV | Label Vie - H1-21 Results : A continued growth dynamic during FY 2021

    After a -10.2% drop in Label Vie's revenue during Q1-21 following the effect of over-stocking which marked the Q1-20, the distributor showed a recovery of +9.6% of its revenue at the end of this 2nd quarter. In H1-21, the Group’s consolidated revenue shows a slight decline of -1.0% to MAD 5,326 Mn. This is an achievement rate of 45% compared to our initial forecasts which anticipated an annual revenue of MAD 11,893 Mn.

     

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