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Cnova N.V. (CNV) maintains its position as a leading European e-commerce platform through continuous innovation in marketplace operations and B2B services. This dedicated news hub provides investors and industry observers with essential updates on the company's strategic developments, financial performance, and technological advancements.
Comprehensive Coverage: Access official press releases and curated analysis spanning earnings announcements, marketplace expansions, sustainability initiatives, and technological implementations. Our collection focuses on CNV's core operational pillars including direct sales platforms, third-party seller ecosystems, and logistics solutions through Octopia.
Strategic Insights: Track the company's progress in key growth drivers such as AI-powered recommendation systems, fulfillment network optimizations, and B2B service offerings. Regular updates provide visibility into CNV's competitive positioning within France's dynamic e-commerce landscape and its environmental responsibility commitments.
Investor Resources: Stay informed about financial milestones, partnership announcements, and leadership updates that could impact market valuation. All content maintains regulatory compliance while offering actionable intelligence for portfolio decisions.
Bookmark this page for streamlined access to CNV's evolving corporate narrative. Combine real-time updates with fundamental business context to monitor this innovative marketplace operator's trajectory.
Cnova reported positive first quarter 2025 results with overall GMV growing +2% year-over-year on a like-for-like basis. The company's Marketplace performance was particularly strong, growing +7% and now representing 67% of GMV (+3.3 points vs 2024).
Key highlights include:
- Net sales declined -5% in Q1 2025, showing recovery from previous quarters
- Advertising services revenues increased +5%
- B2B revenues grew +30%, driven by Octopia and C-logistics
- EBITDA excluding IFRS 16 reached €5m, down €2m from 2024
- Sustainable products now account for 26.7% of Product GMV (+6.9 points)
- Customer satisfaction improved with NPS growing by +6 points
The French ecommerce leader serves 6.9 million active customers through Cdiscount, offering competitive pricing, convenient delivery options, and B2B services through Octopia, Cdiscount Advertising, and C-Logistics.
Cnova N.V. (CNV), the French ecommerce leader, has published its 2024 annual financial report and announced its upcoming delisting from Euronext Paris. The delisting request has been approved by Euronext Paris on April 17, 2025, with an effective date set for June 20, 2025, upon completion of the mandatory buy-out.
The company, which operates the Cdiscount website, serves 6.9 million active customers and offers B2C services including competitively priced goods, delivery options, and payment solutions. Its B2B operations include Octopia (Marketplace-as-a-Service), Cdiscount Advertising, and C-Logistics services.
Cnova N.V. (CNV) has announced important details regarding the buy-out of minority shareholders and upcoming delisting from Euronext Paris. Casino, which holds 98.8% of Cnova's shares, will commence the buy-out process for the remaining 4,108,639 shares (1.2%) starting April 2, 2025.
The Enterprise Chamber has set the buy-out price at EUR 0.09 per share, which will increase with statutory interest to approximately EUR 0.0957. Shareholders can voluntarily transfer shares during a 10-week period from April 2 to June 11, 2025 (June 13 for US shareholders), with settlement on June 18, 2025.
Trading of Cnova shares will be suspended from April 2, 2025, until the delisting is completed. After the voluntary transfer period, remaining shareholders can only obtain payment through the Dutch Ministry of Finance's consignment fund. The company will initiate delisting procedures with Euronext Paris once Casino owns 100% of shares.
Cnova N.V. (Euronext: CNV) has announced the appointment of Marie Even as interim Chief Financial Officer, effective March 4, 2025. Even, who has been serving as Deputy CEO of Cdiscount since August 2020, succeeds Yves Trézières, who resigned on February 28, 2025, for personal reasons.
Even brings extensive experience within the company, having joined in 2009 as Head of Legal Affairs. She currently oversees the General Secretary and Cnova Pay, managing marketplace financial flows and installment payments. Since April 2024, she has also led the company's Transformation initiatives. Her previous roles include General Secretary position in 2017, where she managed Legal, HR, CSR, Corporate Communication, DPO, and Public Affairs.
Cnova operates as France's leading e-commerce platform through Cdiscount, serving 7.0 million active customers. The company offers B2C and B2B services, including Octopia (Marketplace-as-a-Service), Cdiscount Advertising, and C-Logistics solutions.
Cnova N.V. (CNV) reported its FY24 and Q4 2024 financial results, marking a return to growth after two years of transformation. The company's like-for-like GMV showed gradual improvement throughout 2024, from -12% in Q1 to +2% in Q4, resulting in an overall -5% decrease for FY24.
Key financial highlights include:
- Net sales declined by -13% to €1,039m in FY24
- Services revenues grew +4% to €335m, representing 32% of net sales
- EBITDA excluding IFRS 16 was €47m, down €2m from previous year
- Net loss improved by €35m to €(94)m
- Free cash flow improved by €120m to €(79)m
The company's Marketplace performance strengthened with GMV share reaching 65.4% (+5.4pts vs 2023). The company initiated a reinvestment plan in Q3 2024 focusing on brand identity and customer value proposition, leading to improved operational metrics including a +3pts increase in overall NPS.
Cnova N.V. (CNV) announced that the Enterprise Chamber of the Court of Appeal in Amsterdam has approved Casino's buy-out of minority shareholders at EUR 0.09 per share. The price will be increased by statutory interest from June 30, 2024, until the transfer date or consignment date.
Shareholders can voluntarily transfer their shares to Casino during a ten-week period, with details to be announced shortly. After this period, Casino will enforce the judgment by paying the remaining buy-out price to the Dutch Ministry of Finance's consignment fund. Once completed, Casino plans to request delisting of Cnova's shares from Euronext Paris.
Cnova, the French ecommerce leader serving 7.0 million active customers through Cdiscount, offers B2C services including competitively priced goods and convenient delivery options, while also serving B2B clients through Octopia, Cdiscount Advertising, and C-Logistics.
Cnova N.V. reported its third-quarter 2024 results, highlighting a return to growth in GMV after two years of transformation. Overall GMV slightly increased compared to Q3 2023, with Marketplace GMV growing by 8% and Direct Sales declining by 12%. The company achieved positive free cash flows of €4 million, an improvement of €20 million from Q3 2023.
Net sales decreased by 9% like-for-like, largely due to a strategic focus on profitability and reduced direct sales. Services revenues grew by 3% to €83 million, driven by a 47% increase in B2B revenues. Restated EBITDA after rents increased by €1 million, reflecting the company's turnaround towards high-margin services.
Casino Group will begin the buyout of Cnova's minority shareholders. Cnova also continued to enhance its CSR strategy, with 'More sustainable products' representing 27% of Product GMV, an 8-point increase from Q3 2023.
Cnova released its Q2 2024 and H1 2024 results, showing progress towards operational profitability.
Key Metrics: EBITDA after rents improved by €2M, and free cash flows enhanced by €101M YoY. Product GMV showed month-over-month growth in Q2 2024, culminating in a +7% increase in July. However, overall GMV declined by 12% in H1 2024 YoY, and net sales decreased by 19%.
Segment Performance: Marketplace share rose to 65% of product GMV, while B2B revenues grew by 87%. Service revenues increased by 5%, supported by B2B activities. Gross margin and EBITDA improved, reflecting a focus on high-margin services.
Strategic Initiatives: Cnova continued its transformation plan, enhancing marketplace offerings and implementing AI solutions to improve customer experience. The company also advanced its CSR strategy, with sustainable products accounting for 22.7% of Product GMV in Q2 2024.
Financial Challenges: Net loss from continuing operations was €52.4M, although this showed improvement compared to the previous year.
Cnova N.V. appoints Mrs. Béatrice Davourie as a new non-executive director and Chairman of the Board, effective May 10, 2024. The company also announces the 2024 Annual General Meeting of Shareholders to be held on June 21, 2024, in Amsterdam. The AGM agenda includes various voting items related to financial reports, appointments, and authorizations. Cnova N.V. is a leading French e-commerce company under the Casino group, catering to both B2C and B2B clients through its platforms like Cdiscount and Octopia.
