Vente-unique: share price rises on solid results

(CercleFinance.com) - Vente-unique.
com reports that it has lined up its 17th consecutive profitable financial year, on the back of record sales volume for its 2022/2023 financial year, which ended last September.

The Cafom group's online furniture and home furnishings sales subsidiary, founded in 2006, posted annual net profit of 7.1 million euros, up sharply on 2021-2022 (+4.4 million euros).

Adjusted Ebitda came to 17.3 million euros, representing an operating margin of 10.7%, while annual sales exceeded the symbolic 200 million euro mark for the first time (201.7 million euros, up +18.2%).

In its press release, the company stated that it was confident in its outlook for the 2023-2024 financial year, with the ambition of achieving further solid and profitable growth, following an already buoyant 1st quarter, which is expected to show double-digit growth.

Listed on the Paris Bourse, Vente-unique.com shares climbed by over 7% on Tuesday following this solid publication.

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