Cnova: Q1 sales up 15.2%

(CercleFinance.com) - Cnova has reported Q1 2018 sales of 524 million euros, up 15.
2% relative to 2017, with organic growth of 5.1% and a multi-channel sales contribution of +10.1 points.

The online sales company said that home and appliance categories accounted for 49% of direct sales, while high-tech products (audiovisual and smartphones), along with IT contributed 37%.

Traffic at the Cdiscount.com totalled 240 million visits in the first quarter of 2018, boosted by mobile growth, which now accounts for 60% of traffic and 41% of business volume (GMV) compared with 36% in the first quarter of 2017.


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