Cafom: Slight sales growth in 2023-24

(CercleFinance.com) - Cafom posted annual sales of 417.
8 million euros, up 2.5%, in a general context affected by the cyclical slowdown in furniture spending and social tensions in several French overseas territories.

Against this backdrop, the home furnishings retailer saw its Overseas division maintain a solid level of activity, with sales of 239.4 million, down 2.6% (-0.8% excluding New Caledonia).

For its part, the e-Commerce division in continental Europe again enjoyed strong growth over the year, with sales up 10.2% to 178.4 million, representing 43% of the group's consolidated revenues.

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