Brief: CNOVA Q2 GMV Grows 25% Organically To EUR 1 Bln

Cnova NV

23/07/2020 06:48

July 23 (Reuters) - Cnova NV  CNV.PA :
    * REG-CNOVA N.V.  2020 SECOND QUARTER ACTIVITY & FIRST HALF FINANCIAL RESULTS
    * 1H20 EBITDA: EUR 48 MILLION (+EUR 30 MILLION)
    * B2B MONETIZATION: +23% IN 1H20
    * STRONG +25% CLIENT GROWTH TO REACH 4.3M IN 2Q20
    * SOARING MARKETPLACE: 46.3% GMV SHARE IN 2Q20, +6.2 PTS VERSUS LY
    * GMV: +25% ORGANIC GROWTH IN 2Q20, REACHING EUR 1 BILLION
    * Q2 NET SALES EUR 556.0 MILLION VERSUS EUR 468.8 MILLION YEAR AGO
    * H1 NET LOSS FROM CONTINUING OPERATIONS IMPROVED BY +EUR 18M Y-O-Y TO FINISH AT EUR (23.8)
MILLION

Source text for Eikon:  ID:nGNE7gfxs0 
Further company coverage:  CNV.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))