CNOVA N.V. Third Quarter 2019 Activity

AMSTERDAM – October 11, 2019, 07:45 CEST — Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova”) today announced unaudited operating data for the quarter ended September 30, 2019.

  • GMV: 940 million euros, +9.0% organic growth1, +10.3% YTD

Driven by marketplace (+4.0 pts), B2C services (+3.2 pts) and showrooms (+2.3 pts)

  • Marketplace growth driven by Fulfillment by Cdiscount

3Q19 marketplace GMV share2: 39.4% (+3.2 pts)

Fulfillment by Cdiscount: +78% GMV growth; 33% marketplace GMV share (+14 pts)

Marketplace B2B services: +23% revenues

  • CDAV loyalty program increasing success

Membership: +19% y-o-y (>2 million subscribers)

Express delivery covers +1.1m SKUs (x3 y-o-y)

  • Travel offer driving fast-expanding B2C services

Cdiscount Voyages (Travel) high-growth sustained by holiday packages (x2.3 GMV vs 2Q19)

Cdiscount Energie growing fast: +31% GMV vs 3Q18

Cdiscount Mobile: x2 clients vs 3Q18

Launch of Cdiscount Beauté (Beauty)

  • International expansion driven by new initiatives

Delivering to more European countries: 45 websites connected (+11 vs 2Q19)

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

  • Responsible logistics innovation leader

Agrikolis: 55 rural farm pick-up points (+18 vs 2Q19) bringing great customer satisfaction

Roll-out of new generation 3D packing machine, x2 faster than the previous ones