5 February 2020. Vente-Unique.com, a European specialist in online furniture sales, today announces its unaudited revenues for the first quarter of the 2019-2020 financial year (1 October to 31 December 2019).
Quarterly revenues amounted to €26.3 million, up +9% versus the previous financial year. This constitutes a remarkable performance insofar as Vente-unique.com had recorded growth of +14% in Q1 2018-19, above the trend observed over the entire financial year (+11%).
| IFRS (€000) | 2018-2019[1] | 2019-2020 | Change |
| France | 14,030 | 14,947 | +7% |
| Northern and Eastern Europe[2] | 6,198 | 7,231 | +17% |
| Southern Europe[3] | 3,898 | 4,082 | +5% |
| Total | 24,126 | 26,259 | +9% |
In France (€14.9m), Vente-unique.com began to profit from the increased availability of its products following the expansion of the Amblainville logistics site at the end of the 2018-19 financial year. Growth was +7%, more than double the increase recorded over the entire 2018-19 financial year (+3%).
International operations grew more quickly (+12%) and now represent 43% of sales, 1 point higher than during the same period of the previous financial year.
Northern and Eastern Europe (€7.2m) recorded growth of +17%, in line with the average performance of the previous financial year (+19%), due in particular to the increase that followed the launch of latest version of the website in Polish.
Southern Europe (€4.1m) grew +5% during Q1 2019-20 against a very demanding comparative base (+54% increase in invoicing in Q1 2018-19).
Confirmation of the annual objectives
Encouraged by these results, Vente-Unique.com has confirmed its target of maintaining long-term annual growth of over 10%, an exemplary EBITDA margin and cash generation ensuring regular returns for shareholders.
Next publication: H1 2019-2020 revenues, 13 May 2020, before start of trading
Read more on bourse.vente-unique.com
About Vente-unique.com
Founded in 2006, Vente-unique.com (Euronext Growth: ALVU) is a European specialist in online furniture sales. The company covers 11 countries (France, Austria, Belgium, Germany, Italy, Luxembourg, Netherlands, Poland, Portugal, Spain and Switzerland) and has delivered to over 1 million customers since its inception. In 2019, Vente-unique.com posted revenues of €96.5 million, up 11%.
| ACTUS finance & communication | |
| Jérôme Fabreguettes-Leib | Nicolas Bouchez |
| Investor Relations | Press Relations |
| vente-unique@actus.fr | nbouchez@actus.fr |
| +33 (0)1 53 67 36 78 | +33 (0)1 53 67 36 74 |
[1] 2018-2019 revenues were restated for the eco-contribution pursuant to IFRS 15 in order to ensure full comparability with the 2019-20 data. The revenues published on 14 February 2019 amounted to €24,281,000.
[2] Germany + Austria + Belgium + Luxembourg + Netherlands + Poland + Switzerland
[3] Spain + Italy + Portugal
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https://www.actusnews.com/documents_communiques/ACTUS-0-62041-vu_cp_ca_t1_2020_vuk.pdf
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