VENTE-UNIQUE.COM: Turnover for the 3rd quarter 2021-2022: 34.4 MEUR // Stability of activity in June 2022 – 07/20/2022 at 07:30

• Return to a normative comparison basis at the end of the quarter;
  

• Quarterly decrease linked to overconsumption during the health crisis;
  

• Launch of the marketplace in accordance with the announced schedule.
  

July 20, 2022.

Vente-unique.com, expert in the online sale of furniture and home furnishings in Europe, announces its unaudited turnover for the 3

^th

quarter of fiscal year 2021-2022 (period from 1

^er

April 2022 to June 30, 2022).

Quarterly revenue is down 15.6% compared to the same period of the 2021-2022 financial year, resulting from a demanding base effect linked to the online overconsumption of European households during periods of confinement spring 2021. The return to a normal basis of comparison from the end of May has an immediate impact: the revenue recognized in June 2022 is stable compared to June 2021.

Vente-unique.com thus confirms that it is committed, in accordance with its expectations, to the gradual improvement of activity by the end of the 2021-2022 financial year.

Southern Europe ahead when Northern and Eastern Europe suffers from the geopolitical context

The rebound is all the more remarkable as it occurs in a turbulent macroeconomic context. The resurgence of inflation and the conflict in Ukraine are weighing on morale and household consumption capacity.

In

France

(€18.1 million), activity was also disrupted by the long electoral sequence (presidential and legislative elections) which traditionally slows down activity.

In

Northern and Eastern Europe

(€10.7 million), it was sales in Germany, Austria and Poland, the countries most directly exposed to the conflict in Ukraine, which recorded the most significant declines.

Finally, the

‘Southern Europe

(€5.6 million) has started its rebound with already 2 countries out of 3 growing over the quarter.

Marketplace launch and confirmation of objectives

The ambition of commercial conquest displayed by the company goes through the launch of its new marketplace, now an essential element of Internet sales. The first sales have just been made, in accordance with the announced schedule, in order to test different configurations to ensure the greatest customer satisfaction. The ramp-up of the platform remains scheduled from September 2022.

In this context, Vente-unique.com recalls its decision to acquire the assets of Distri Service, the company operating the Amblainville logistics platform and a subsidiary of the parent company, the CAFOM group, before the end of the financial year.

On the strength of its new marketplace and a more normative base effect, Vente-unique.com hopes to tend towards growth between now and the end of the financial year, while maintaining a positive and exemplary level of profitability on the second half of the fiscal year. The growing impact of inflationary pressures and unfavorable currency trends are partly offset by the company’s ability to adapt its pricing policy and by securing a high level of inventory.

Next meeting: 2022 revenue, Wednesday November 9, 2022

Find all the information on:

Bourse.vente-unique.com

About Vente-unique.com

Created in 2006, Vente-unique.com (Euronext Growth – ALVU), a subsidiary of the CAFOM Group (Euronext – CAFO), is an expert in the online sale of furniture and home furnishings in Europe. The company covers 11 countries (France, Germany, Austria, Belgium, Spain, Italy, Luxembourg, Netherlands, Poland, Portugal and Switzerland) and has delivered more than 2 million customers since its launch. In 2021, Vente-unique.com generated revenue of €163 million, up 38%.

[1]

Germany + Austria + Belgium + Luxembourg + Netherlands + Poland + Switzerland

[2]

Spain + Italy + Portugal

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