(Boursier.com) — The Group Vente-unique.com begins the 2023-2024 financial year with the best first quarter in its history. Continuing a very good 2022-2023 financial year (+18.2%), the overall business volume experienced a strong acceleration of +23.8% compared to the 1st quarter of 2022-2023 to reach €58.2 million. , thus illustrating the rise of the marketplace in Europe.
The Group thus confirms its ability to continue its growth in a difficult context for household consumption, taking full advantage of its controlled international deployment as well as sources of revenue from the marketplace.
Continued sustained growth for the E-commerce activity
Consolidated turnover also increased sharply by +16.3% and stood at €45.1 million, driven by the remarkable growth in E-commerce activities (+19.6%). The Group experienced strong growth in its sales volume while maintaining its commercial margin at a very good level, thus demonstrating the attractiveness and excellent positioning of the products sold by Vente-unique.com.
Revenues linked to logistics activities decreased by -45.9% during this quarter, due to the compulsory liquidation of its main client, Habitat Design International, at the end of December 2023. Vente-unique.com will absorb this loss in the coming quarters. of activity by winning new customers and its own needs linked to its growth in E-commerce activity.
The Group is achieving a remarkable performance internationally, where it generates more than half of its sales for the first time (52%, +4 points compared to Q1 2022-2023). The dynamic is still very strong in Northern and Eastern Europe (+34.6%) and is accelerating in Southern Europe (+19.1%), confirming the rebound started in the previous quarter.
The dynamic at work is driven by the success of the global offer of the Vente-unique.com brand and reinforced by the gradual deployment of the marketplace in Europe. After successive openings in Spain, Italy, Germany and Switzerland during 2023, the marketplace will be deployed in the Netherlands and Portugal from March 2024. It thus reinforces the Group’s positioning as a global player in online furniture sales in Europe.
For its part, France still shows solid and resilient growth (+10.1%) and represents 48% of sales made.
Outlook maintained
Despite an unfavorable general context and the potential impact of geopolitical tensions on the cost of maritime freight, Vente-unique.com remains confident in its ability to deliver a new year of profitable growth, relying on both on the success of its range on a European scale and on the new potential offered by its market place.
Next meeting: turnover for the first half of 2023-2024, May 14, 2024.