RUE DU COMMERCE : Sales for the 4th quarter of 2011 / 2012

Saint-Ouen, France, 3 May 2012 - 5.45pm

 

 

QUARTERLY INFORMATION

Sales for the 4^th quarter of 2011/2012

• La Galerie had sales in excess of € 100 million for the financial year 

  • Sales of e-merchant partners: € 101.9 million (up 38.9% over the 12 months) 

  • Commissions collected by RueDuCommerce: € 8.4 million (up 54.6% over the 12 months) 

• Increase in the number of visitors: up 3% over the 12 months 

  

Sales: consolidated data (unaudited)

(€ millions)	12 months (April to March)			4th quarter (January to March)
	2011/12	2010/11	% change	2011/12	2010/11	%
Sales	290.9	312.4	(6.9%)	69.5	75.3	(7.6%)
Of which la Galerie commissions	8.4	5.4	54.6%	2.3	1.5	60.3%
Of which distribution and other sales	282.5	307.0	(8.0%)	67.2	73.8	(9.0%)
Sales of La Galerie's e-merchants	101.9	73.3	38.9%	26.6	19.6	35.5%

RueDuCommerce reports consolidated sales of € 290.9 million for the financial year from 1 April 2011 to 31 March 2012, a 6.9% decline compared to the previous year.

Sales achieved by La Galerie e-merchants rose to over € 100 million to € 101.3 million, an increase of 38.9%. In accordance with the announced strategy, RueDuCommerce continues to redirect its own distribution model (primarily comprising high-tech products) towards La Galerie's general-interest model, thus allowing the collection of commissions on sales generated by hosted e-merchants. The commission rate is up sharply over the year, due to the change in La Galerie's product mix (growth of textile, home, gardening, etc.).

Over the financial year, RueDuCommerce's websites attracted an overall average monthly traffic of 5.6 million unique visitors^[1]:
#ftn1.

It should be noted that RueDuCommerce's La Galerie markets an unparalleled 2 million products on line and in inventory, from a range extending to furniture, gardening, interior decoration, DIY, car parts and accessories, cultural goods, toys, sport, fashion, IT, high-tech products, electrical goods, music, etc.

Following the completion of the takeover bid on 21 February 2012, the Altarea Cogedim Group owns 96.5% of the RueDuCommerce Group.

***

About RueDuCommerce Established in 1999, RueDuCommerce is a leading independent e-commerce player in France.   The RueDuCommerce Group: Includes 2 flagship brands: RueduCommerce.com and TopAchat.com  Was visited more than 170 million times over the past 12 months  Has a customer base of more than 8 million  Markets almost 2 million products from a product offering extending to High Tech, Beauty, Fashion, Electrical Goods, Toys and Games, Sport, DIY and Cultural Goods.  As the only ISO 9001-certified after-sales-service French e-commerce website, RueDuCommerce was voted best high tech product website by web users in 2011 (Favor'i/mediamétrie). The Group is listed on Compartment C of the NYSE Euronext Paris Stock Exchange (ISIN: FR0004053338 - Ticker: RDC)                 Please visit our website for more information: www.rueducommerce.com/corporate: http://www.rueducommerce.com/corporate

Contacts

Investor relations            
Laurent Bertin - Chief Financial Officer                               
[e-mail]:
mailto:[e-mail]                               

Arnaud Salla            
Quadrant Finance            
Tel: [phone]          
[e-mail]                               

Press relations
Cécile Courtois
[e-mail]:
mailto:[e-mail]

Agnès Gilbert
Eudoxie PR
Tel: [phone]
[e-mail]:
mailto:[e-mail]

[1]:
#body_ftn1 Unique visitors (UVs): number of web users who have visited a website at least once over a month-period. Data relates to the average monthly audience of all of the RueDuCommerce Group's websites over the 12 months of the financial year.

RDC_PR_TurnoverQ4FY12:
http://hugin.info/143571/R/1608693/510649.pdf

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Source: Rue du commerce via Thomson Reuters ONE

HUG#1608693