Brief: Vente-Unique.Com H1 Adjusted EBITDA Down At EUR 6.9 Mln

Vente-Unique.Com SA

15/06/2022 07:08

June 15 (Reuters) - Vente-Unique.Com SA  ALVU.PA :
    * HALF-YEAR REVENUES (EUR73.0 MILLION) DOWN BY AN
ANTICIPATED
-17.4% DUE TO A HIGH BASE EFFECT CAUSED BY HEALTH CRISIS
    * H1 GROSS MARGIN OF 56.2%, VIRTUALLY STABLE YEAR ON YEAR
DUE TO
EFFECTIVE ADAPTATION OF COMMERCIAL POLICY TO INFLATION
    * STRONG CASH POSITION (EUR15.8M) AT END MARCH 2022 AFTER
STOCKBUILDING TO MEET GROWING DEMAND
    * GRADUAL IMPROVEMENT IN BUSINESS EXPECTED BY THE END OF FY
2021-2022
    * H1 NET RESULT EUR 3.3 MILLION VERSUS EUR 8.1 MILLION YEAR
AGO
    * H1 ADJUSTED EBITDA EUR 6.9 MILLION VERSUS EUR 12.6 MILLION
YEAR
AGO
    * EXPECTS PROFITABILITY IN THE SECOND HALF OF THE FINANCIAL
YEAR,
WHILE REMAINING CAUTIOUS AMID THE CONTINUING DETERIORATION IN
THE GLOBAL GEOPOLITICAL AND ECONOMIC ENVIRONMENT AND ITS IMPACT
ON INFLATION

Source text for Eikon:  ID:nACT75003 
Further company coverage:  ALVU.PA 

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