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Last updated : 12/11/2026 - 09h21
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Vente-unique: revenue up 21% to €243.1M, above consensus

Vente-unique published revenue of €243.1M on 12 November 2026 for the 2025-2026 fiscal year ended 30 September, up 21.0%. Growth strengthened every quarter: +11.7% in the first quarter, +18.9% in the second, +23.4% in the third, then +29.5% in the fourth, which reached €68.5M.

The annual figure is above consensus: the two analysts expected an average of €238M, within a range of €236M to €240M. International markets account for most of this growth. They now represent 55% of sales, up 5 points over one year, while France grew 9.0%.


Vente-unique: revenue up 21% to €243.1M, above consensus

The last quarter pushes growth above the annual pace

In the fourth quarter, revenue rose from €52.9M to €68.5M. Its 29.5% growth exceeds the full-year growth rate by 8.5 points: the last period does not merely extend the annual trend, it accelerates it.

Gross merchandise volume (GMV) followed the same trend, rising 33.9% over the quarter. For the first time, it reached approximately €100M in a single quarter. For the fiscal year, it stood at €348.7M, up 26.5%.

GMV therefore grew faster than revenue, at 26.5% compared with 21.0% over the year. This gap is linked to the rise of the marketplace, whose sales are included in GMV according to the group's definition. It represents 21.8% of e-commerce GMV, 5 points more than a year earlier.

Northern and Southern Europe drive sales, France grows 9%

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The Central and Northern Europe region is the most dynamic. Its annual sales grew 32.9%, to €89.3M, and its growth reached 50.6% in the fourth quarter. The group attributes this acceleration in particular to its expansion in Scandinavia: five countries were opened during the fiscal year (Denmark, Norway, Sweden, Ireland and the United Kingdom).

Southern Europe (Spain, Italy, Portugal) posted a 33.0% increase over the year, to €44.6M, and 46.8% over the last quarter. France remains the largest market, with €109.2M. Its growth is more moderate: +9.0% over the fiscal year and +10.8% in the fourth quarter, in a market that the group describes as having little momentum.

In France as elsewhere, the Habitat brand contributed to growth: its revenue more than doubled over one year. The vente-unique.com site relied on better product availability, thanks to a second warehouse, and on a new artistic direction. An advertising network offer for third-party sellers was also launched.

An adjusted EBITDA margin expected above 10.4%

The press release covers only business activity, but the group anticipates an annual adjusted EBITDA margin higher than that of the previous fiscal year, which stood at 10.4%. This target includes one-off costs linked to the opening of its second logistics platform, near Moulins. Annual results will be published on 12 January 2027.

Geographic expansion continues in the new fiscal year. Four countries were opened from its start: Finland, the Czech Republic, Slovakia and Hungary.

The offer of the site and the marketplace is now available in 20 countries, and that of Habitat in 12. The group says it is “well positioned to continue its path of profitable growth during fiscal year 2026-27.”

These orientations will be detailed during a strategic presentation by the executive committee to professional investors, which the company had scheduled for 18 November, having set the date on 22 October 2026.

Today's publication shows that the group's growth increasingly relies on abroad: France keeps the top rank in sales, but at a growth rate more than three times lower than that of the two European regions.

Related


Sector Distribution discrétionnaire › E-commerce / marketplace


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Context

Period
  • Period: FY2026
Key reported figures
  • Revenue: 243,1 millions d'euros
  • Revenue growth: 21 %
Risks mentioned
  • Coûts ponctuels liés à l'ouverture du second site logistique près de Moulins impactant la marge
  • Environnement peu porteur en France avec croissance limitée à 9 % malgré le dynamisme d'Habitat
  • Nécessité de maintenir la marge d'EBITDA ajusté supérieure à 10,4 % dans un contexte de forte expansion
Opportunities identified
  • Forte trajectoire à l'international avec 55 % des ventes et expansion dans 4 nouveaux pays (Finlande, Tchéquie, Slovaquie, Hongrie)
  • Croissance de la marque Habitat avec chiffre d'affaires multiplié par plus de deux sur un an
  • Démarrage prometteur du retail media en tant que nouveau relais de croissance auprès des vendeurs tiers

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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