CNOVA N.V. First Quarter 2019 Activity

AMSTERDAM – April 12, 2019, 07:45 CEST — Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) today announced unaudited operating data for the quarter ended March 31, 2019.

GMV: 906 million euros, acceleration of organic growth vs previous year

  • 1Q19: +9.2% vs 1Q18: +6.1%
  • More diversified organic growth
  • Driven by marketplace (+3.7pts growth contribution), B2C services (+2.9pts contribution) and showrooms (+2.9pts contribution)

Drawing more loyal and engaged customers

  • 22m UMV driven by the highest market mobile growth in January (+28%)
  • CDAV: +16% y-o-y membership, 34.8% GMV share (+1.1 pts vs 1Q18)

Solid expansion of the marketplace and its associated services

  • 1Q19 Marketplace GMV share: 35.8% (+3.2 pts)
  • Fulfillment by Cdiscount: +46% GMV growth; +5.2 pts marketplace GMV share

Ramp-up of the B2C services platform driven by travel expansion

  • Cdiscount Voyages expanding very fast: x3 GMV vs 4Q18
  • Cdiscount Energie still dynamic: x2.4 GMV vs 1Q18

Expansion of Europe-wide deliveries with an ambitious growth plan

  • 11 marketplaces directly connected (+8 vs end 2018) delivering 20 countries

Innovation in constant progress across all fields

  • x2 IT teams dedicated to Artificial Intelligence in the last 2 years
  • x3 enhancement in profitability of real-time personalized promotions
  • NoMagic.AI self-learning picking arm 100% operational
  • Success of logistics & marketing incubators (The Warehouse & Le Lab) with 100+ applications