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CAFOM: Turnover at the end of the 3rd quarter 2023-2024 reached EUR 309.9 million

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The CAFOM Group, specialist in home equipment in Europe and Overseas, announces a turnover of 309.9 million euros for the first nine months of the 2023-2024 financial year, an increase 2.8% compared to the previous period.

The Overseas division recorded a decrease of 2.9%, mainly due to events in New Caledonia, impacting three of the seven stores as well as two major warehouses. However, resilience is observed with a decline limited to 1.4% excluding New Caledonia.

On the other hand, e-Commerce in continental Europe continues its strong growth with an increase of 11.6%, reaching 132.4 million euros. This performance is supported by international sales and the development of the marketplace, recently extended to the Netherlands and Portugal.

R. H.

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