CAFOM Group, the major player in household equipment in Europe and abroad, announces unaudited sales of 1Verse Half of fiscal year 2021-2022 (period from 1Verse October 2021 to March 31, 2022).
The group recorded revenue of 92.9 million euros in 2y The 2021-2022 quarter, a calculated decrease of -4.8%, bringing half-year revenue to €202.0 million, a limited decrease of -2.5% in one year. during this 1Verse In the 2021-2022 semester, the Overseas division recorded an increase of +8.2% which enabled the group to offset the expected decline in the E-commerce division (-16.2%) due to the high level of activity reached in 1Verse half of the previous year.
|In €m – unaudited data||Season 1 2020-2021||S1 2021-2022||disparity|
|uniform rotation rate||207.1||202.0||-2.5%|
|including overseas||116.5||126.0||+ 8.2%|
The department stores overseas operates under the supervision of BUT, Darty, Habitat, Nature & Découvertes, First Deco and Musique & Son, with revenues of €126.0 million in 1Verse Semester 2021-2022, posting a +8.2% increase over one year (+8.0% in 1Verse quarter and +8.4% in 2y third). In a fixed number of stores, the increase in semi-annual sales is +2.5% within one year.
In this first half, the group continued to benefit from its policy of strengthening the territory’s network by opening two new Nature & Découvertes stores in Guadeloupe and New Caledonia, bringing the number of stores operating at sea to 34.
With its expertise in supply, cost control and trade policy adaptation, the group has managed the impact of global inflationary tensions, conflict in Ukraine and the resumption of the health crisis. In China in this first half. However, the group remains vigilant in the face of potential deterioration in the global geopolitical and economic context.
after 2y Quarter 2021-2022 down -19.9% year-on-year, revenue recorded by the e-commerce division at 1Verse Semester 2021-2022 reached €76.0 million, down -16.2% due to a very high comparison base at 1Verse Semester 2020-2021 (+68.7%). In the first half of the year, 96% of the division’s sales were generated through the Vente-unique.com subsidiary.
The reason for the contraction during this period is due to the very high level of activity reached in 1Verse Semester 2020-2021, a period during which many European countries were in lockdown, resulting in increased public consumption of online goods and services. Thus, compared to 1Verse In the 2019-2020 semester, the sales volume of the e-commerce division shows a growth of +41.5%.
With good diversification of its supplier network and good cost control, Vente-unique.com has minimized the impact of inflationary and geopolitical tensions on 1Verse Semester 2021-2022. The subsidiary was able to maintain a high level of product availability and to stabilize the level of sales margin.
Over the remainder of the fiscal year, Vente-unique.com expects a gradual improvement in the evolution of its business while remaining cautious. The subsidiary has also decided to focus its short-term investments on launching its future market, which is supposed to start in the summer of 2022.
In addition, its subsidiary DirectLowCost.com, an international furniture platform for professionals, recorded revenue of 3.1 million euros in 1Verse Semester 2021-2022, a significant increase of +27.9% year-over-year.
About Kavum – www.cafom.com
Founded in 1985, Cavom is a major player in home furnishings. The group is the largest shareholder of the European website vente-unique.com and the leader in the distribution of household equipment abroad in France (brands BUT, Darty, Habitat, Nature et Découvertes, First Deco and Musique et Son). She also owns the Habitat brand and international B2B website directlowcost.com.
Cafom has been listed on Euronext in Paris since 2005 (CAFO – FR0010151589).
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|Jerome Fabreguet Lip||Deborah Schwartz|
|Investor Relations||Relations with the press|
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