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23/07/2018
The Cafom Group, a European player in the equipment of the house, announces its unaudited turnover for the first 3 quarters of the 2017-2018 financial year (period 1 October 2017 to June 30, 2018.
| In millions of euros Unaudited data |
2016-2017 | 2016-2017 retired [1] |
2017-2018 | Reproduced variation |
| T1 | 109.9 | 106, 3 [19659004] 112.9 [19659004] 6.2% | ||
| T2 [19659004] 98.1 [19659004] 95.0 [19659004] 103.3 [19659004] 8.8% [19659009] T3 | 93.1 | 90.5 | 100.0 | + 10.6% |
| Cumulative 9 months | 301.2 | 291 , 7 | 316.2 | + 8.4% |
The Group confirms the acceleration of its commercial dynamics with a growth of 6.2% at 1 and quarter, 8.8% at 2 th quarter and 10.6% at 3 th quarter 2017-2018, restating the discontinued activities within the Housing division (application of IFRS5
This increase brings turnover to € 316.2 million at the end of the first nine months of the financial year, representing a revised increase of 8.4%. The 3 centers of activity contribute to this good dynamic.
Overseas pole: beginning of integration of the new store in Guadeloupe
| In millions of euros Unaudited data |
9 months 2017 | 9 months 2018 | Variation |
| Overseas Pole | 146.4 | 157.8 | + 7.8% |
In the Overseas, business grew by 7.8%, despite the impact of the closure of stores in Saint-Martin (only 1 of the two stores reopened in December 2017). Excluding Saint-Martin, the French overseas division's sales rose by 9%.
The Group confirms the overseas development potential and its desire to continue its expansion beyond the 23 stores as at June 30, 2018. In this context, the Group has announced the acquisition of DIMECO, which mainly operates a household appliance store under the CONNEXION banner in Baie Mahault (Jarry business park) in Guadeloupe. The CONNEXION store went under DARTY brand, the second under this brand in Guadeloupe. DIMECO is not yet integrated into the Group's accounts but already supplied by the Group's central purchasing department (impact of around € 2.2m in the third quarter).
Housing division: new commercial dynamism
| In millions of euros Unaudited data |
9 months 2017 retired |
9 months 2018 | Retired variation |
| ] | |||
| Habitat Sector | 81.0 | 86.4 | + 6.6% |
The Habitat division confirms the return of a sustained commercial dynamic with a turnover of 86, € 4m at the end of June 2018. Excluding the impact of the cessation of activities in Norway [2] and stores clbadified as discontinued operations at the end of the previous year, billings were up 6.6% compared to the same period of fiscal year 2017.
The commercial dynamic is maintained by the enrichment increased inability of the product offering, the commercial offensive on the Internet to increase the share of sales in e-commerce and the controlled expansion of the network of shops. Habitat has opened four new stores operated in France (Roncq since October 2017 and Metz since December 2017) and Switzerland (Geneva since December 2017 and Dübendorf at the end of March 2018), and two franchise stores (1 ). Opening in Italy in Milan in November 2017, 4 th store in Guatemala since December 2017). With a constant number of stores, sales increased by 3.1% at the end of June 2018.
This expansion policy continues with a new franchise store opened in Algeria in June 2018 and scheduled free openings in Morocco, Thailand and Hong Kong. The network of own stores will be enriched by a third store in Switzerland, Suhr.
E-Commerce pole: double-digit growth of Vente-unique.com
| In M € Unaudited data |
9 months 2017 | 9 months 2018 | Variation |
| E-Commerce Pole [19659004] 64.3 | 72.0 | + 12.0% |
The activity of the e-Commerce business grew by 12.0%, driven by continued growth in Vente-unique.com ( +15.4%).
The sales potential of Vente-unique.com abroad remains important and guides the further deployment. After the launch of the site in Italy in spring 2017, Vente-unique.com opened Portugal in January 2018 and plans to send an 11 th country, Poland, before the end of 2018.
About Cafom – www.cafom.com
Established in 1985, Cafom is a major player in the development of the house. The Group, which owns the Habitat brand (stores in continental Europe) and the websites vente-unique.com (France, Spain, Germany and Belgium) and directlowcost.com (B2B international), is also the leader in traditional distribution in Europe. Overseas
Cafom has been listed on Euronext in Paris since 2004 (CAFO – FR0010151589).
| Contacts Cafom: | |
| NEWS finance & communication | |
| Jérôme Fabreguettes-Leib | Nicolas Bouchez |
| Investor Relations | Press Relations |
| 01 53 67 36 78 | 01 53 67 36 74 |
| [email protected] | [email protected] |
[1] Revenues restated in accordance with IFRS5 on continuing operations
[2] See press release dated May 9, 2018
Regulated information
Quarterly financial information:
– Third quarter financial information
Full and original release in PDF format:
https://www.actusnews.com/documents_communiques/ACTUS-0-54343-cafom_ca_t3_2018_vdef.pdf
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