YOOX NET-A-PORTER GROUP: RECORD NET REVENUES EXCEEDED 2 BILLION EUROS IN 2017, DRIVEN BY 17% ORGANIC GROWTH OVER THE YEAR Dienstag, 16. Januar 2018 - 08:26
FY2017
- Full-year net revenues of Euro 2.1 billion, up 16.9% on an organic1 basis (+11.8% reported) compared with Euro 1.9 billion in 2016
- Positive growth across all three business lines: Multi-brand In-Season net revenues up 18.3%; Multi-brand Off-Season net revenues up 14.9%, Gross Merchandise Value of Online Flagship Stores (GMV2) up 20.8%
- Solid growth in all key regions
- Key Performance Indicators:
- 842.2 million visits, compared with 715.5 million in 2016
- 9.5 million orders, compared with 8.4 million in 2016
- Euro 328 AOV (Average Order Value), compared with Euro 334 in 2016, reflecting unfavourable exchange rate movements
- 3.1 million active customers, compared with 2.9 million in 2016
4Q2017
- Fourth-quarter net revenues of Euro 575.1 million, up 13.2% on an organic basis (+6.9% reported) compared with Euro 538.2 million in the fourth quarter of 2016, impacted by a one-off effect due to a temporary lower product availability on THE OUTNET upon its migration
Milan, 15 January 2018 – The Board of Directors of YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, has today examined the preliminary3 consolidated net revenues and the key performance indicators of YOOX NET-A-PORTER GROUP for the financial year ended 31 December 2017, compared to the previous year.
Note that the full annual results will be approved by the Board of Directors on 6 March 2018.
1 Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year. Reported growth is calculated at current exchange rates and at actual perimeter.
2 Retail value of sales of all the Online Flagship Stores, including the sales to final customers from the JV online stores and NEXT ERA partnership, net of returns and customer discounts. Setup, design and maintenance fees for the Online Flagship Stores, accounted for within “Rest of the World and Not country related”, are excluded.
3 Non-audited preliminary net revenues for 2017. Fourth-quarter figures for 2017 are calculated as the difference between the full-year preliminary net revenues and the net revenues for the first nine months of the year.
Note: For clarity of information, it should be noted that the percentage changes reported in this press release have been calculated using exact figures. It should also be noted that any differences found in some tables are due to rounding of values expressed in millions of Euro.