Brief: Cnova Q3 GMV Down 15% Like-For-Like EUR 778.8 Mln

Cnova NV

20/10/2022 06:52

Oct 20 (Reuters) - Cnova NV  CNV.PA :
    * CNOVA POSTED A -15% LIKE-FOR-LIKE GMV DECREASE IN Q3
VERSUS.
2021
    * MARKETPLACE GMV DECREASED BY -3% IN 3RD QUARTER OF 2022
    * ADVERTISING SERVICES REVENUES REACHED EUR 17M IN 3RD
QUARTER OF
2022
    * Q3 TOTAL GMV EUR 778.8 MILLION
    * Q3 TOTAL NET SALES EUR 378.8 MILLION
    * EFFICIENCY PLAN IS ON-TRACK WITH TARGETS
    * EFFICIENCY PLAN: ON-TRACK TO DELIVER EXPECTED SAVINGS OF
EUR 30M
IN 2ND HALF OF YEAR.

Source text for Eikon:  ID:nGNEc39S02 
Further company coverage:  CNV.PA 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))