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Groupe Casino's Cnova Posts 14% Increase In Sales

By Steve Wynne-Jones
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Groupe Casino's online division, Cnova, has posted a 14.0% increase in net sales to €445 million in the second quarter of the year.

The group said that organic growth stood at 9.0% in the quarter, which is up on the 6.1% growth it posted in the previous quarter.

“This second quarter was marked by an accelerated organic growth as well as fast-growing monetization revenues," commented Emmanuel Grenier, Cnova chief executive.


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