Our ordinary shares were first publicly offered in our initial public offering (IPO) in November 2014 on the NASDAQ Global Select Market under the symbol “CNV”. Our IPO was priced at $7.00 per share.
We completed a secondary listing of our ordinary shares on Euronext Paris under the symbol “CNV” without issuing or offering any new equity capital.
Cnova’s fiscal year ends on December 31.
Cnova’s shares are traded on Euronext Paris under the symbol “CNV” (ISIN NL0010949392).
Our quarterly financial communication consist on the Sales Release, Financial Results Release and Financial Results Conference Call. You can find these documents on our Quarterly Results page.
We have never declared or paid cash dividends to our shareholders. We currently intend to reinvest all future earnings, if any, to finance the operation of our business and to expand our business.
As of December 31, 2018, Cnova had more than 1,500 employees.
Cnova is the holding company of one of the eCommerce leaders in France: Cdiscount. Through our direct sales and marketplaces operations, we provide our customers with an extensive product assortment and highly differentiated delivery and payment solutions.
Cnova’s net sales consist primarily of revenue generated from product sales and related services from consumer direct sales and B2B sales, across our variety of product categories. Our product categories are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods. We also generate revenues from marketplace commissions from third party vendors selling products on our sites, as well as B2C services such as travel, ticketing or energy and B2B services, such as advertising and logistics.