The turnover of the franchising activity of Alain Afflelou increased 17.2% at M97.4€. Concerning the gross margin, the main element is the 15.5% progression of the franchising activity at M50.6€. The performances of the franchising sector (entrance fee and royalties), as well as those of the central referencing unit are in line with the network’s growth. The gross margin on exclusive products increases 21.3%, notably thanks to Tercera. Read the Press Release by clicking here.
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