Unsurprisingly, Vente-Unique.com has made an excellent 2020-2021 fiscal year. Turnover amounted to 163.5 million euros, an increase of 38%. The company specializing in the sale of furniture online has thus exceeded its initial objective of 150 million as well as that, revised upwards, of 160 million. This commercial performance is the consequence of controlling its supplies, ” despite the tight market context experienced in the second half of the year », Explains the company in its press release.
The company also recorded its 15th consecutive profitable year. ” The gross margin recorded for the 2020-2021 financial year stands at 57% of sales, an improvement of + 3.9 points over one year “. The operating result amounted to 21.6 million euros, offering an operating profit margin of 13.2%, ” up sharply by 4.8 points over one year “. All the lines of the income statement show significant improvements, with, in the end, a tripling of the net result, to 14.2 million euros.
Investments & cash
Vente-Unique.com has benefited from its logistics strategy implemented last year. Its logistics platform in Amblainville and its 55,000 square meters have enabled ” to absorb the high demand experienced during the year “. Keen to continue its digitalization and improve the customer experience, the company also launched during the second half of 2020-2021 the ” new brand platform of the company (to strengthen the customer promise) ” and inaugurated the ” new version of its proprietary IT platform (to optimize the user experience) “.
The excellent operational performance also enabled the group to free up significant amounts of cash and, after the repayment of 2.9 million euros in financial debts, the group’s cash position amounted to 22.8 million euros. until September 30, 2021.
Vente-unique.com forecasts sales down 15% in the first quarter of 2021-2022, given the ” completely non-standard basis of comparison ”. The activity should still grow compared to the first quarter of 2019-2020. The company also plans to double in size in five years while maintaining more than 10% current operating margin. To do this, it relies on its new marketplace developed by Mirakl, operational in 2022, a second logistics platform in Poland and a few acquisitions, in particular that of Distri Services, ” which operates the Amblainville platform “.
The action yields 1.2% on Wednesday, just below the 16 euros mark.