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Showroomprivé generates a profit in the first half "already higher than the whole of the 2020 financial year"

2021-07-29T19:08:54.828Z

Driven by the boom in online commerce since the start of the pandemic, the French group SRP, owner of the online destocking site ...



Driven by the boom in online commerce since the start of the pandemic, the French group SRP, owner of the online destocking site Showroomprivé, published on Thursday a net profit of 20.6 million euros,

"already higher than the full year 2020 ”

.

Read also: Veepee and Showroomprivé resist the clothing crisis

In the first half of 2020, the group suffered a net loss of 6.6 million euros. Over the whole of last year, he had generated a net profit of 13.9 million euros. Its turnover for the first half of 2021 amounted to 388.3 million euros, an increase of more than 28%. Internationally, sales increased by 38.4% to reach 62.9 million euros.

Showroomprivé, which experienced

“record activity”

in 2020

with the rush of consumers towards e-commerce during the health crisis, thus confirms the rebound in sales recorded in the second half of 2020.

“We have just achieved an excellent first half, in a context which has remained buoyant for e-commerce ”

, welcomed Thierry Petit and David Dayan, the co-founders of Showroomprivé, in a press release published on Thursday.

Shortage of electronic components

However, the group expects

"a slowdown in its activity dynamics in the third quarter"

due to a lack of available stocks in sectors outside of fashion such as electronics or household appliances, due to a

"shortage of components. electronics ”

, but above all to a demanding comparison with the second quarter marked at the end by a strong

“ catch-up of orders ”

.

The site recorded 7.4 million orders in the first half of 2021, or 15.5% more than in 2020. Some 2.3 million people placed orders on the site in the first half of the year.

There are now more than 11 million cumulative buyers who have made at least one purchase on the platform since the creation of the company in 2006.

The year 2019 had been difficult for Showroomprivé, which had suffered a net loss of 70.5 million euros. The company employs over 950 people.

Source: lefigaro

All business articles on 2021-07-29

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