The CAFOM Group, a major player in domestic equipment in Europe and abroad, announces its unaudited billings for the 1ster half of the 2021-2022 financial year (period of 1er October 2021 to March 31, 2022).
The Group recorded revenue of €92.9 million in 2º quarter 2021-2022, a measured decline of -4.8%, bringing half-year revenue to €202.0 million, a limited decline of -2.5% in one year. During this 1er In the 2021-2022 semester, the Overseas division recorded an increase of +8.2%, allowing the Group to offset the expected drop in the e-Commerce division (-16.2%) due to the high level of activity achieved in 1er half of the previous year.
|In € m – unaudited data||S1 2020-2021||S1 2021-2022||Variation|
|of which abroad||116.5||126.0||+8.2%|
|of which e-commerce||90.6||76.0||-16.2%|
The Overseas stores division operated under the brands BUT, Darty, Habitat, Nature & Découvertes, First Deco and Musique & Son recorded revenues of 126.0 million euros in 1er semester 2021-2022, registering an increase of +8.2% in one year (+8.0% in 1er quarter and +8.4% in 2º quarter). In a constant number of stores, the increase in biannual sales is +2.5% in one year.
During this semester, the Group continued to benefit from its policy of reinforcing the territorial network with the opening of two new Nature & Découvertes stores in Guadeloupe and New Caledonia, bringing the number of stores operated in -Mar to 34.
Thanks to its know-how in terms of supply, cost control and the adequacy of trade policy, the Group was able to manage the impact of global inflationary tensions, the conflict in Ukraine and the resumption of the health crisis. first half. However, the Group remains vigilant in the face of a possible deterioration in the global geopolitical and economic context.
after 2º 2021-2022 quarter down -19.9% year-on-year, revenue recorded by the e-Commerce division in the 1ster semester 2021-2022 totaled €76.0 million, a decrease of -16.2% given a very high comparison base in 1er semester 2020-2021 (increase of +68.7%). In the first half of the year, 96% of the division’s revenue was generated by the subsidiary Vente-unique.com.
The deceleration in this period is explained by the very high level of activity reached in 1er semester 2020-2021, a period during which several European countries were in confinement, which generated widespread excessive consumption of online goods and services. So, compared to 1er semester 2019-2020, the turnover of the e-Commerce division shows a growth of +41.5%.
Thanks to a good diversification of its supplier network and its good cost control, Vente-unique.com has mitigated the impact of inflationary and geopolitical tensions on the 1ster semester 2021-2022. The subsidiary was able to maintain a high level of product availability and stabilize its sales margin level.
During the rest of the year, Vente-unique.com anticipates a gradual improvement in the evolution of its business, maintaining its caution. The subsidiary also decided to focus its short-term investments on the launch of its future marketplace, which is expected to start in the summer of 2022.
In addition, the subsidiary DirectLowCost.com, an international mobile platform for professionals, reported revenue of €3.1 million in 1er semester 2021-2022, a significant increase of +27.9% over the previous year.
About Cafom – www.cafom.com
Founded in 1985, Cafom is one of the main players in the decoration segment. The Group is the majority shareholder of the European website vente-unique.com and the leader in the distribution of domestic equipment outside France (brands BUT, Darty, Habitat, Nature et Découvertes, First Deco and Musique et Son). It also owns the Habitat brand and the international B2B website directlowcost.com.
Cafom has been listed on Euronext in Paris since 2005 (CAFO – FR0010151589).
|NEWS finance and communication|
|Jerome Fabreguettes-Leib||Deborah Schwartz|
|relationship with investors||press relations|
|01 53 67 36 78||01 53 67 36 35|