Casino‘s online operations Cnova reported 22,8% growth in Q3 2014.
- The turnover of online operations reached EUR 842 million and was mainly attributed to operations in Brazil.
- Cnova Brazil reported a net turnover of BRL 1,380.6 million in Q3 2013, a 30.8% increase year-over-year (y-o-y).
- The online operations of Cnova in Brazil include Extra.com.br, Pontrofrio.com and Casabahia.com.br websites.
- Cdiscount.com includes Casino’s online operations in France and reported a sales increase of 14.2% in Q3, reaching EUR 384.2 million.
Casino is targeting an initial public offering (IPO) for Cnova on the United States stock market.