Brief: CNOVA N.V. FY EBITDA At 52.0 Million Euros

Cnova NV

22/02/2023 06:58

Feb 22 (Reuters) - Cnova NV  CNV.PA :
    * CNOVA N.V. 2022 FOURTH QUARTER ACTIVITY & FULL YEAR
FINANCIAL
RESULTS
    * FY EBITDA EUR 52 MILLION
    * FY NET LOSS FROM CONTINUING OPERATIONS EUR 128.0 MILLION
VERSUS
LOSS EUR 51.3 MILLION YEAR AGO
    * 2023 OUTLOOK: B2CSTRATEGY TO FOCUS CDISCOUNT'S POSITIONING
ON
FRENCH MARKET & IMPROVE PROFITABILITY: BE 1ST FRENCH E-MERCHANT,
OFFER A WIDE ASSORTMENT WITH ATTRACTIVE PRICES THROUGH GROWING
MARKETPLACE AND HIGH PROMOTION INTENSITY
    * 2023 OUTLOOK: B2B STRATEGY TO ACCELERATE DEVELOPMENT AND
PAVE
WAY FOR FUTURE ARR7 GROWTH AND MARGIN EXPANSION
    * FY TOTAL NET SALES EUR 1.70 BILLION VERSUS EUR 2.16
BILLION YEAR
AGO
    * 2023 OUTLOOK: REVENUE GROWTH EXPECTED FROM C-LOGISTICS
WITH 3
CLIENTS OPERATIONAL FOR ITS END-TO-END ECOMMERCE SUPPLY SOLUTION
    * FY GMV EUR 3.50 BILLION VERSUS EUR 4.21 BILLION YEAR AGO
    * FREE CASH FLOW FROM CONTINUING OPERATIONS AMOUNTED TO EUR
15.4
MILLION DURING FY

Source text for Eikon:  ID:nGNEb2wT9L 
Further company coverage:  CNV.PA 
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