Vente-unique fell by 2.60% to 15 euros while the expert in the online sale of furniture and home furnishings in Europe recorded solid growth in the fourth quarter of its 2023-2024 financial year. “This is still a solid last quarter,” confirms TP Icap Midcap, still buying the value. The overall business volume increased by 10% to reach 60.7 million euros and the turnover stood at 46.1 million euros, an increase of 6.4% compared to the fourth quarter of 2022-2023 .
Over the period, e-commerce activity increased by 13% while logistics activity fell by 62% to 2.6 million euros, as expected.
France posted the worst performance over the quarter with a very slight increase in turnover (+0.4%) compared to +28% for Southern Europe and +13% for Northern and Southern Europe. ‘East.
“If the group highlights the unfavorable environment in France, we will also closely monitor the possible impact of the marketplace on the group’s own sales”, points out TP Icap Midcap, which has adjusted its target on Sales -unique.com from 19 to 18.2 euros.
Vente-unique.com will publish its annual results for the 2023-2024 financial year on January 14.
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