Latest news with #LuxuryFibers
Fashion Network
30-04-2025
- Business
- Fashion Network
Compagnie Chargeurs Invest maintains growth in the first quarter
Compagnie Chargeurs Invest, the French textile specialist, reported revenue of €187.8 million for the first quarter of 2025, spanning January to March. This marks a 5.6% rise overall and a 2.8% increase organically, achieved against a backdrop of global market uncertainty. Within the Fashion & Luxury division, the Personal Goods segment posted the strongest growth, up 21.4%, although it remains a smaller contributor at €3.4 million. Luxury Fibers generated €21.5 million in revenue, down 6.9%, while Chargeurs PCC, specializing in technical fabrics, posted €51.6 million, a slight gain of 0.6%. The group's Innovative Materials division, which includes Novacel protective films, recorded €74.3 million in revenue, up 2.6%. Meanwhile, the Culture & Education division, which provides services to museums and cultural institutions, surged 31.2% to reach €37 million. 'This performance reflects the quality of our portfolio, marked by sectoral and geographical diversification,' said chairman and CEO Michaël Fribourg. 'We approach the year with confidence, backed by strict management of performance and cash flow, which ensures long-term value creation.' Having introduced a new brand identity in January, Chargeurs closed fiscal 2024 with €729.6 million in revenue, representing growth of 11.9% overall and 10.7% on an organic basis.
Fashion Network
29-04-2025
- Business
- Fashion Network
Compagnie Chargeurs Invest maintains growth in the first quarter
Compagnie Chargeurs Invest, the French textile specialist, reported revenue of €187.8 million for the first quarter of 2025, spanning January to March. This marks a 5.6% rise overall and a 2.8% increase organically, achieved against a backdrop of global market uncertainty. Within the Fashion & Luxury division, the Personal Goods segment posted the strongest growth, up 21.4%, although it remains a smaller contributor at €3.4 million. Luxury Fibers generated €21.5 million in revenue, down 6.9%, while Chargeurs PCC, specializing in technical fabrics, posted €51.6 million, a slight gain of 0.6%. The group's Innovative Materials division, which includes Novacel protective films, recorded €74.3 million in revenue, up 2.6%. Meanwhile, the Culture & Education division, which provides services to museums and cultural institutions, surged 31.2% to reach €37 million. 'This performance reflects the quality of our portfolio, marked by sectoral and geographical diversification,' said chairman and CEO Michaël Fribourg. 'We approach the year with confidence, backed by strict management of performance and cash flow, which ensures long-term value creation.' Having introduced a new brand identity in January, Chargeurs closed fiscal 2024 with €729.6 million in revenue, representing growth of 11.9% overall and 10.7% on an organic basis.
