Brief: Cnova FY Total GMV (Including VAT) Down At EUR 2.80 BILLION

Cnova NV

27/02/2024 17:19

Feb 27 (Reuters) - Cnova NV  CNV.PA :
    * EBITDA IMPROVED BY +EUR 29M IN FY23 VERSUS. 22,
ILLUSTRATING
RESULT OF CNOVA'S TURNAROUND TOWARDS A MORE PROFITABLE MODEL
FOCUSED ON GROWING SERVICES REVENUES
    * FINANCIAL RESULT IMPROVED BY +€15M IN FY23 VERSUS. 22
    * FY NET LOSS FROM CONTINUING OPERATIONS EUR 125.9 MILLION
VERSUS
LOSS EUR 128.0 MILLION YEAR AGO
    * FY TOTAL GMV (INCLUDING VAT) EUR 2.80 BILLION VERSUS EUR
3.44
BILLION YEAR AGO
    * FREE CASH-FLOWS AMOUNTED TO EUR -198M IN FY23

Source text for Eikon:  ID:nGNEbWw0Pv 
Further company coverage:  CNV.PA 

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