on CAFOM (EPA:CAFO)
CAFOM: Revenue expected to rise for 2024-2025
The CAFOM Group, a specialist in home furnishings, announces revenue of €436.8 million for the 2024-2025 fiscal year, representing a 4.5% increase. This growth demonstrates the resilience of its business model despite a sluggish furniture market.
The Overseas division recorded a slight decrease of 1.1% in its revenue, reaching €236.7 million. Nevertheless, the company strengthened its presence in New Caledonia by acquiring all of its local shares.
In continental Europe, the e-commerce division posted significant growth of 12.1%, reaching €200.1 million. Expansion into Austria and Luxembourg, as well as the Scandinavian market, illustrates the opening up to promising new markets.
R. H.
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