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Vente-unique.com: 'record' 1st quarter 2024-2025

(CercleFinance.com) - Vente-unique.
com is gaining ground on the Paris Bourse this Tuesday after reporting a 'record' 1st quarter for 2024-2025, thanks to continued strong sales momentum.

The specialist in online sales of furniture and home furnishings, which is currently trying to relaunch the Habitat brand, said it had generated consolidated sales of 50.1 million euros in the three months to the end of December, an increase of 11.3%.

In a press release, the group stressed that this was the "best 1st quarter in its history".

The pace of growth is impressive in the current context", commented TP ICAP Midcap analysts in a note entitled "Alone against all".

The brokerage firm hails the company's business as "very dynamic", and renews its Buy recommendation on the stock, with a target price of 17.2 euros.

Following this publication, Vente-unique.com was up by around 1.5% on Tuesday on Euronext Paris, after having gained up to 3% earlier in the morning.

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