Dexelance H1 Sales Up, Ready to Seize Online Sales Opportunities With Mohd

Core Insights - Dexelance reported a net loss of 7.8 million euros in the first half of 2025, a decline from a net profit of 1 million euros in the same period of 2024 [1] - Sales increased by 2.5 percent to 154.8 million euros for the six-month period ending June 30 [1] - The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased to 10.4 million euros from 18.5 million euros in 2024 [3] Sales Performance - Growth was primarily driven by the luxury contract segment, which saw a year-on-year increase of 14.7 percent [2] - The luxury contract business, including Cenacchi International and Modar, has been a significant sales catalyst for several quarters [2] Financial Position - The net bank position of the company was reported at 17.1 million euros during the same period [1] - The decline in profitability was attributed to increased overhead costs due to investments in senior management, marketing, and digital expansion [3] Market Challenges - The ongoing macroeconomic situation and U.S. trade policies are viewed as major hurdles for the industry, particularly affecting residential brand sales in North America [5] - Despite challenges, the luxury contract business in North America remains strong due to limited competition [5] Tariff Impact - The company does not expect tariffs to significantly impact earnings, as costs will be absorbed by consumers and dealers, offset by the performance of its contract business globally [6] - A "custom tariffs" declaration was introduced on invoices to ensure transparency regarding the monetary impact of duties [6]