Cnova: a dynamic second quarter.
(CercleFinance.com) - On Tuesday morning Cnova reported sales volumes (GMV) of 685 million euros for the second quarter of its fiscal year, up 11.
5% l-f-l compared with the same period last year (+7.4% as reported).
The share of mobile in GMV reached 37.2%, up 776 basis points.
Meanwhile, the distributor's revenues reached 410 million euros over the period, reflecting a 4.5% increase as reported basis and a 8.6% rise like-for-like. In detail, household and household electrical appliances accounted for half of direct sales, while high tech products and IT represented 34% of direct sales.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
5% l-f-l compared with the same period last year (+7.4% as reported).
The share of mobile in GMV reached 37.2%, up 776 basis points.
Meanwhile, the distributor's revenues reached 410 million euros over the period, reflecting a 4.5% increase as reported basis and a 8.6% rise like-for-like. In detail, household and household electrical appliances accounted for half of direct sales, while high tech products and IT represented 34% of direct sales.
Copyright (c) 2017 CercleFinance.com. All rights reserved.