Écomiam: Improvement in the Second Half of 2024/25

Écomiam, the third-largest frozen food retailer in France, reported store revenue of €38.2 million for fiscal year 2024/25. While this performance is down 2.2% compared to the previous year, it nevertheless marks a significant improvement in the second half of the year, with a 1.3% increase on a like-for-like basis. This upturn was driven by strategic store openings and positive momentum, particularly in the fourth quarter, which saw a 2.4% increase.

The network, restructured with the closure of underperforming stores, now comprises 57 outlets. Recent openings demonstrate the resilience of the business model, with performance often exceeding that of previous locations. Écomiam aims to improve its profitability for the next fiscal year through cost optimization and the rollout of the shop-in-shop model. Annual savings of €2.3 million are expected from these measures, with an estimated implementation cost of €1.0 million.