A return to the workplace with a concomitant reduction in remote work, the poor performance of the Digital Care II program, and inflationary pressures that are negatively affecting demand, led to a decrease in sales, albeit a relatively small one, for Plaisio. in the first half of 2022. In addition, rising operating expenses led to lower margins, operating and net income.

It is worth noting that the company’s management avoids assessing its course in the second half of the year, as well as for the current financial year as a whole, highlighting the features in the semi-annual financial report: . It seems that an important role in the trend will be played by the energy prices that households will be forced to pay, following any public or private subsidies, as well as the size and timing of the implementation of government support programs for households in areas associated with the group’s activities. It should be noted that the second half of the year traditionally accounts for the largest percentage of the group’s annual sales, and therefore the level at which they will fluctuate is especially critical, especially during certain periods of time, at the beginning of the school year, Black Friday week and the Christmas period. Based on the above uncertainties and the various factors that will affect the macroeconomic environment, it is difficult to determine an estimate of the turnover dynamics in the coming months and the final configuration of the performance margin that will ultimately shape the annual result.” .

However, for the first half of 2022, sales were €192.2 million compared to €199.5 million in the first half of 2021, down 3.5%. Excluding the subsidized Digital Care program, sales are up 1.42% this year. This is due to the fact that the first phase of the program last year began in April and was addressed to a larger number of beneficiaries (pupils, students and students), and the second phase, implemented this year and addressed to teachers, began in May. , develops at a slower pace and concerns a smaller number of beneficiaries. In particular, 166,565 vouchers have been issued until yesterday, while 23,016 have not yet been cashed out or reserved.

It is difficult for the Group to determine the dynamics of turnover in the coming months.

Earnings before interest, taxes, depreciation and amortization decreased by 6.9% to 6.2 million euros from 6.9 million euros last year, and profit after taxes fell by 11% to 1.3 million euros from 1. 4 million euros last year.

Plaisio’s ‘cash’ remains at a good level: the company’s cash available at the end of June was 28 million euros, while it had 14.1 million euros of net negative borrowing.

Plaisio recorded sales growth in all but its largest category, electronic computers. In particular, sales of this category fell by 20.87%, and its share in the total turnover was 40%. The share in the total turnover of the company in the “stationery” category increased to 26%, while sales increased by 8.22%. Sales of telephone products increased by 14.11% and accounted for 22% of the total turnover, while white devices now participate in double-digit sales of “Plaisio”. Sales in this category increased by about 20%, and the share in the total turnover reached 11.06%.