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Cnova N.V. (Cdiscount's holding company) is a leading European tech player with its ecommerce platform Cdiscount and its global innovative tech-enabled ecosystem of marketplaces powered by its subsidiary Octopia
AMSTERDAM - June 7, 2021, 08:30 AM CET Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392)
('Cnova')is hostingtoday an analyst presentation, starting at 8:30 am CET, in light of its plan to increase its capital in order to fund its accelerated growth prospects.
The analyst presentation is availablepublicly on the websiteof Cnova at:https://www.cnova.com/eventsand-presentations/. In the analyst presentation, Cnova is providing additional information on its medium-term objectives, including GMV and sales targets for 2025 (in excess of €12bn and €4bn, respectively) and estimated EBITDA growth for the 2021 to 2025 period (low- to mid-30% compound annual growth rate). For 2021, Cnova is targeting GMV and sales of approximately €4.5bn and €2.3bn, respectively, and EBITDA in excess of €160m. Please refer to the analyst presentationfor further information.

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Cnova NV published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2021 00:04:01 UTC.