Group Bogart sees outcomes fall quick in difficult setting

The French fragrance and cosmetics group reported sharply decrease 2025 outcomes, citing a deteriorating financial and geopolitical setting and hostile forex results. Whereas EBITDA stays constructive, the group is seeing a marked drop in income.

As of December 31, 2025, the group’s reported income was of EUR 264.1 million, in contrast with EUR 288.8 million final 12 months, representing a lower of 8.5% at present alternate charges (-7.5% at fixed scope and alternate charges).

“This development is attributable to a deteriorating world financial setting, which weighed on client spending, notably in France but additionally throughout Europe usually. Within the export, the implementation of recent tariffs in the US additionally considerably slowed gross sales in that market, main distributors and retailers to scale back order volumes. This development was amplified for extra reasonably priced strains, whereas the selective and status perfume phase confirmed indicators of resilience,” Group Bogart commented in a launch.

The web earnings attributable to the group fell sharply to a lack of EUR 22.6 million, in contrast with close to break-even in 2024 (EUR -0.4 million).

On this context, Bogart undertook a serious restructuring of its retailer community: in Dubai, the group refocused its operations on a single high-visibility retailer (Dubai Mall) and closed 30 unprofitable shops in Europe (9 shops in France, 10 shops in Germany, and 11 shops in Belgium).

This technique continues in 2026. April France SAS, the group’s retail subsidiary in France, has launched a workforce discount plan overlaying a complete of 17 out of 35 shops and roughly 40 out of 105 positions, a provision of EUR 1.6 million is booked for the plan.

For its Fragrances & Cosmetics division (which incorporates manufacturers akin to Aholic, Carven, Jacques Bogart Paris, Méthode Jeanne Piaubert, Rose & Marius, Stendhal and Ted Lapidus), the group stated it’s “assured” of returning to income progress in 2026, regardless of present circumstances, pushed by new product launches and the resumption of economic operations within the U.S. Bogart additionally expects constructive momentum from the growth of its companion community after its reference shareholder agreed to accumulate Germany’s Parfümerie Pieper community.