CNOVA N.V. 2017 Financial Results

AMSTERDAM, February 20, 2018, 07:45 CET Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova” or the “Company”) today announced its financial results for the full year 2017.

Traffic: 946 million visits (+12%)

  • Cdiscount consolidates its 2nd position among e-retailers in France with 18 million unique monthly visitors
  • Mobile share of traffic: 59.5% (+ 645 bp)

GMV: €3.4 billion (+10% like-for-like, acceleration in 2H17)

  • Mobile share: 38.1% (+ 737 bp)
  • Marketplace share: 32.0% (+ 56 bp) – CDAV share: 31.1% (+ 1,063 bp)

Net sales: €2.1 billion (+9% like-for-like)

Active customers: 8.6 million (+6%)

  • Cdiscount à volonté members: +48%

Improvement in EBITDA in 2H17 versus 1H17

  • 2017 EBITDA (€4 million) lower than 2016 due to temporarily strategic plan implementation costs
  • Quarterly improvement in EBITDA throughout 2017
  • Back to 2016 level (4Q17 EBITDA higher than 4Q16)

Net financial debt improved compared to June 30, 2017