(Boursier.com) — The home equipment distribution group in Europe and Overseas CAFOM published an annual turnover of €407.6 million for its 2022-2023 financial year ending at the end of September. It grew by +2.5% and recorded its highest level in 5 years.
In a context of an economic decline in the consumption of non-food products, the Overseas division shows good resilience (-0.7% to €245.7 million). The e-Commerce activity in continental Europe achieved turnover up +7.8% to €161.9 million, thanks to the growing digitalization of the sector and the successful launch of the marketplace.
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