Belgium’s Van de Velde’s turnover at ~$214.34 million in H2FY24

Van de Velde has reported a 3 per cent decline in H2 FY24 turnover, totaling €205.8 million (~$214.34 million).
However, its D2C segment grew by 11.3 per cent, driven by digital channels.
B2B sales dropped by 7.1 per cent, with a gradual improvement in the second half.
CEO Karel Verlinde highlighted the company’s strong cash position and confidence in 2025.