CNOVA N.V. Full Year 2018 Activity

AMSTERDAM – January 11, 2019, 07:45 CEST — Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) today announced unaudited operating data for the quarter and year ended December 31, 2018.

GMV: €3.6 billion euros, strong organic1 growth: 4Q18 +11.9%; FY18 +9.3%

  • Organic growth accelerated throughout the year: Q1 +6.1%; Q2 +9.0%; Q3 +9.3%; Q4 +11.9%
  • FY18 E-commerce contribution: +7.7 pts mainly driven by the marketplace and B2C services
  • FY18 Géant showrooms contribution: +1.6 pts
  • Rapid expansion of Europe-wide delivery

Marketplace GMV climbed to record high of €1.1 billion (+12.3%)

  • FY18 Marketplace GMV share: 34.3% (+2.4 pts)
  • Fulfillment by Cdiscount: +63% fast-growing GMV; +7 pts marketplace GMV share

Dynamic roll-out of new services generating new revenue streams

  • Cdiscount Energie subscribers growing by 29% vs 3Q18 & launch of heating oil offer
  • Successful launch of Cdiscount Voyages & Cdiscount Billeterie (ticketing)
  • Acquisition of Stootie (personal services platform)

Development of Cdiscount à Volonté customer loyalty program

  • Growing fast: +23% membership at end 2018
  • 2018 GMV share: 34.1% (+3.0 pts)

Enhanced customer experience

  • 4Q18 Mobile GMV share: 47% (+8 pts)
  • 49 showrooms: +13 vs. 3Q18
  • Opening of the first 24/7 digitalized Casino/Cdiscount showroom

Strong monetization initiatives growth: +23%

  • Generated revenue of €64m