FX.co ★ 3i Group: Action 6-month LFL Sales Growth At 9.0% - Quick Facts

In its financial report for the six months ending June 30, 2024, 3i Group plc (III.L) announced that Action achieved an operating EBITDA of €843 million, marking a 23% increase compared to the same period last year. The company's net sales rose by 20% year-on-year, reaching €6.23 billion. Action's like-for-like (LFL) sales growth was 9.0%, driven by a high volume of transactions, strong performance in essential goods, and a negative price effect.

For the specific quarter, Action reported an operating EBITDA of €446 million, up from €374 million in the previous year. Net sales for the quarter were €3.22 billion, compared to €2.70 billion a year earlier.