Interim report
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LabelVie GROUPE H12026 RESULTS Casablanca , September 23rd , 2026 LabelVie surpasses MAD 10 billion in half - year revenue and accelerates its expansion PRESS RELEASE mmm ► Like - for - like sales growth accelerates to 5.4 % ▸ Strong retail sales growth of 17.4 % ▸ 72 store openings in the first half of the year " During the first half of 2026 , LabelVie Group reached a major milestone in its development , with half - year revenue exceeding MAD 10 billion for the first time . This performance reflects the strength of our multi - format strategy and the continued trust of our customers . " - Rachid Hadni , Chairman of the Board of Directors " The first half of 2026 marked an acceleration in our development , with 72 net store openings , driven notably by the strong expansion of Supeco . We continue to invest in our store network and logistics capabilities to support this growth , enhance our operational efficiency and advance the execution of our Vision 2028 strategic plan . " ― Naoual Ben Amar , Chief Executive Officer The Board of Directors of LabelVie S.A. , chaired by Mr Rachid Hadni , met on 21 September 2026 at the Company's registered office and approved the Group's standalone and consolidated financial statements for the first half of 2026 . Key Consolidated Performance Indicators ( in MADM ) Retail Revenue * Group Revenue Retail Sales * LFL Sales ( Retail ) * EBITDA EBITDA Margin Net Income H1 2025 Hồ 2026 Evolution 8,504 9,941 + 16.9 % 8,728 10,193 + 16.8 % 7,492 8,794 + 17.4 % 7,319 7,714 + 5.4 % 644 706 + 9.7 % 8.3 % 7.8 % -0.5 pt 276 375 + 35.9 % * Excluding gas sales and real estate development Accelerating Revenue Growth In the first half of 2026 , LabelVie Group generated consolidated revenue of MAD 10,193 million , up 16.8 % compared with the same period in 2025. Retail sales reached MAD 8,794 million , an increase of 17.4 % year - on - year . This strong performance was driven by several factors : ་ ་ The continued ramp - up of the 141 stores opened in 2025 , which accounted for 57 % of retail sales growth , An acceleration in LFL sales growth to 5.4 % , despite a deflationary pricing environment in the first half , driven notably by continued growth in customer traffic across all Group brands . LFL growth accounted for 31 % of retail sales growth , The continued roll - out of the Group's multi - format network , with 72 store openings since the beginning of the year : 59 Supeco , 6 Carrefour Market , 6 Carrefour Express and 1 Atacadão . These openings accounted for 12 % of retail sales growth . Carrefour Market Carrefour Express + 6.9 % + 19.8 % Supeco + 115.4 % 2,343 2,504 277 332 321 149 Carrefour + 20.3 % Atacadao + 18.2 % 3,475 2,938 2,162 1,797 Retail Space 381,662 sqm +19,303 sqm vs. FY'2025 Stores 483 +72 stores Hồ 2025 HT 2026 Hồ 2025 H1 2026 H1 2025 Hồ 2026 Hồ 2025 Hồ 2026 vs. FY'2025 Hồ 2025 Hồ 2026