CNOVA N.V. 2019 Full Year & Fourth Quarter Activity

AMSTERDAM – January 15, 2020, 07:45 CET — Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) today announced unaudited operating data for the quarter and year ended December 31, 2019.

  • GMV: 3.9 billion euros, +9.1% organic growth1

Driven by marketplace (+3.9 pts), B2C services (+3.4 pts) and showrooms (+2.4 pts)

  • Marketplace of products: 1.3 billion euros growing fast (+12.1%)

Growing FY19 marketplace GMV share: 38.1% (+3.7 pts)2

Fulfillment by Cdiscount: tremendous +63% growth, 31.2% marketplace GMV share (+10 pts)

  • Marketplace of services: x3.4 GMV vs 2018

Travel: x10 GMV y-o-y, launch of a 15k-offer holiday packages marketplace, partnership with Disneyland

Strong +86% Cdiscount Energy GMV development

Launch of 3 new services

  • Expansion of the international platform

+85% 4th quarter y-o-y GMV growth

25 European countries delivered, 47 websites connected (+44 vs end 2018)

Launch of IMN, an international network of shared vendors among 4 European marketplaces

  • More traffic and customers driven by mobile and loyalty

Traffic: #2 with more than 20m Unique Monthly Visitors and a 70% mobile share

9.2 million active customers with an increasing mobile share: 50% share of GMV (+5.5 pts)

More than 2 million Cdiscount à Volonté members: 2019 GMV share reaching 35.8% (+1.7 pts)

  • Profitability improvement expected in line with full-year target