on CAFOM (EPA:CAFO)
CAFOM: Modest growth in annual turnover 2023-2024
CAFOM, a major player in home equipment, announces a turnover of 417.8 million euros for the 2023-2024 financial year, up 2.5% compared to last year. Despite a difficult economic context and social tensions in Overseas France, the group has shown a certain resilience.
Overseas sales saw a slight decline of 2.6%, mainly due to the unrest in New Caledonia, leading to the closure of three stores. However, the Continental Europe e-Commerce division saw its sales increase by 10.2%, reaching €178.4 million, thanks to strong international momentum.
CAFOM continues to invest in its infrastructure to support its future growth, notably with the creation of a new logistics platform planned for 2026.
R. P.
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