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  VENTE-UNIQUE.COM company press release from 12/11/2018

  12/11/2018 - 07:00

2017-2018 revenues: another year of double-digit growth

  • Revenues: €87.2m (+14%)
  • Order backlog: €4.4m (+71%)

12 November 2018., a European specialist in online furniture sales, today announces its revenues for the 2017-2018 financial year (1 October 2017 to 30 September 2018). has attained its goal of achieving double-digit growth for a further financial year, confirming the trend for the past 6 financial years. Annual revenues came to €87.2 million, up 14% on the previous year, despite a sizeable order backlog not recognised under revenues at end September.

IFRS (€000) 2016-2017 2017-2018 Change
France 52,152 54,403 +4%
Northern and Eastern Europe[1] 19,047 21,060 +11%
Southern Europe[2] 5,581 11,733 +110%
Total 76,779 87,196 +14%

Performance buoyed by success in Southern Europe

With 110% growth and €6.2 million of extra sales over the year, Southern Europe has proved to be the main growth driver. is benefiting from booming sales in Italy (since the start of 2017) and Portugal (January 2018) in a furniture market experiencing accelerated transition from physical stores to e-commerce platforms.

Revenue growth in Northern and Eastern Europe also reached double figures (+11%). has thus proved its ability to achieve robust performances in the face of keen competition.

Overall, international sales amounted to €32.8 million, up 33% and accounting for 38% of total billings for the financial year (32% the previous year). is on track to achieve its target of around 50% of sales outside France by 2022. France currently remains the chief contributor (62% of business), with revenues up 4% in line with sector trends, despite the order backlog at end September (see below).


Besides the firm growth in revenues (for delivered orders), a portion of the orders booked at the financial year-end was not delivered by 30 September, inflating the amount of unearned income. This order backlog amounted to €4.4 million, up 71% from the same period of the previous financial year. These orders reflect vigorous sales activity during the year ended, placing in a firm position for beginning the 2018-2019 financial year.

Furthermore, in the second half the company invested in an additional 5,000 m² logistics unit to supplement its existing capacity of 27,000 m² in order to accommodate the extra business. During the same period, extension works began on the Amblainville site (for an additional 24,000 m²), with delivery scheduled for mid-2019.

In view of the foregoing, is aiming for further double-digit growth in 2018-2019 driven by expanded logistics capacities and the October launch of a new version of its website targeting Poland (see press release of 6 November 2018).

The developments programmed under the 2022 strategic plan (doubling logistics capacity and developing the Decoration business) are expected to start having an impact in the 2019-2020 financial year.

Next release: FY 2017-2018 earnings, Wednesday 16 January 2019 before start of trading

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Founded in 2006, (Euronext Growth: ALVU) is a European specialist in online furniture sales. The company covers 11 countries (France, Austria, Belgium, Germany, Italy, Luxembourg, Netherlands, Poland, Portugal, Spain and Switzerland) and has delivered to over 1 million customers since its inception. In 2017, posted revenues of €77 million, up 13%, and an EBITDA margin of 9.2%.

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[1]Austria + Belgium + Germany + Luxembourg + Netherlands + Switzerland

[2]Italy + Portugal + Spain