CNOVA N.V. 2016 Financial Results

AMSTERDAM, February 23, 2017, 07:45 CET — Cnova N.V. (NASDAQ & Euronext in Paris: CNV;   ISIN: NL0010949392) (“Cnova” or the “Company”) today announced its financial results for the fourth quarter and full year of 2016.

GMV: €3.0 billion (+14%, like‐for‐like)

  • Marketplace share at 31.4% (+332 bp)
  • Orders: +23%

Net sales: €1.9 billion (+11%, l‐f‐l)

  • Marketplace commissions: +38%

Gross profit: €255 million (+11%

  • Gross margin: 13.8% (+55 bp)

Operating EBIT swings positive at Cdiscount: €5 million (vs ‐€4 million in 2015)

  • CD EBIT margin: 0.2% (+48 bp)

Net cash position: €178 million at  December 31, 2016

Traffic: 842 million visits (+11%)

  • Mobile share of traffic: 53% (+503 bp); visits up by 22%

Active customers: 8.2 million (+13%)

  • Cdiscount à volonté (CDAV) subscribers: +102%