Vente-Unique.com, a European specialist in online furniture sales, has announced its unaudited results for the first half of the 2023-2024 financial year. After the licensing of the Habitat brand to Vente-unique.com last April, the furniture retailer continues its growth trajectory. Gross merchandise volume rose by 18.5% to €117.3 million, while consolidated Group revenues rose by 11.4% to €90.3 million.
The company's success draws on both the dynamism of international sales, where the Group generated 51% of its sales for the first time in the half-year, and its marketplace, a powerful growth lever in a sluggish market.
The solid gross operating cash flow of € 8 million generated by Vente-unique.com in the first half of the year will enable the company to calmly finance the increase in its stock levels (+ € 4.3 million) in order to support business growth and ensure product availability.
Photo: Vente-Unique.com.
Vente-Unique.com CEO Sacha Vigna says, 'Vente-unique.com has once again demonstrated the strength and relevance of its Direct to Consumer business model. We have succeeded in maintaining our profitable growth trajectory, thanks to all the assets that we are patiently developing and which are our strength: our logistics platform, which is expert in large parcels, and our proprietary, scalable ERP enable us to ensure maximum customer satisfaction through a high-quality direct relationship.'
She continues, 'Following the successful launch of our marketplace, which is gradually being rolled out across Europe and confirms the synergies with our historic activities, we are embarking on our new major project: the relaunch of the iconic Habitat brand. As a result, we are perfectly positioned to cover the entire European online furniture market, and we have set ourselves ambitious new medium-term targets.'
Following the successful launch of the marketplace, the acquisition of the licence to operate the iconic Habitat brand in April 2024 will enable Vente-unique.com to continue the meticulous construction of a global European player in the online furniture market.
Vente-unique.com is now in a position to cover the three main segments of the furniture market, i.e. decoration and small furniture with its marketplace, sofas and bulky products with its Vente-unique.com brand and accessible premium products with the Habitat brand. The Habitat.fr website opened on 13 June 2024 for the French market and will contribute to the Group's profitable growth from the 4th quarter of 2023-2024.
More information:
Vente-Unique.com
www.vente-unique.com