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SRP Groupe SA (SRPG.PA)

SRPG.PA on Paris Stock Exchange

6.35EUR
18 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Showroomprive 2017 EBITDA Falls To 13.1 Million Euros
Thursday, 8 Mar 2018 01:11pm EST 

March 8 (Reuters) - Showroomprive ::LAUNCHES ITS PLAN “PERFORMANCE 2018-2020”.2017 EBITDA EUR 13.1 MILLION VERSUS EUR 28.3 MILLION YEAR AGO (DOWN 53.8 PERCENT).2020 PRIORITIES: CAPITALIZE ON NEW GROWTH AND PROFITABILITY OPPORTUNITIES.2018 PRIORITIES: REFOCUSING ON TWO MAIN PILLARS; MEMBERS AND BRAND PARTNERS.2017 EBITDA MARGIN EXCLUDING SALDI PRIVATI REACHED 2.6% DOWN 2.8 POINTS (REPORTED GROUP EBITDA MARGIN 2.0% DOWN 3.2 POINTS).EXPECTS 40% COST REDUCTION PER ORDER ON C.20% OF FLOWS BY 2020.2017 NET LOSS OF EUR 5.2 MILLION VERSUS LOSS OF EUR 0.3 MILLION YEAR AGO.2017 NET SALES OF €655 MILLION, UP 21% COMPARED TO 2016 (13% ORGANIC GROWTH).  Full Article

Carrefour Announces Strategic Partnership With Showroomprivé
Thursday, 11 Jan 2018 12:25pm EST 

Jan 11 (Reuters) - Showroomprive ::CARREFOUR ANNOUNCES A STRATEGIC PARTNERSHIP WITH SHOWROOMPRIVÉ AND ACQUIRES A C.17% STAKE IN THE COMPANY.‍CARREFOUR WILL ACQUIRE C. 17% OF SHARE CAPITAL OF SHOWROOMPRIVÉ FROM CONFORAMA, A SUBSIDIARY OF STEINHOFF GROUP​.CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE OFF-MARKET ACQUISITION OF BLOCK OF SHARES OWNED BY CONFORAMA.‍CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE AT PRICE OF 13.5 EUROS PER SHARE, FOR A TOTAL AMOUNT OF C. 79 MILLION EUROS​.‍ADDITIONAL PAYMENT TO BE MADE BY CARREFOUR TO CONFORAMA, IF CARREFOUR LAUNCHES TAKEOVER BID FOR CO WITHIN 18 MONTHS OF TRANSACTION​ COMPLETION.  Full Article

Showroomprive ‍Expects Lower FY 2017 Revenues And EBITDA Than Previously Anticipated
Monday, 18 Dec 2017 02:29am EST 

Dec 18 (Reuters) - SHOWROOMPRIVE ::‍EXPECTS ITS FULL YEAR 2017 REVENUES AND EBITDA TO BE LOWER THAN PREVIOUSLY ANTICIPATED​.‍NEW OPERATIONAL ACTION PLAN WILL BE DETAILED DURING 2017 ANNUAL RESULTS IN MARCH.​.  Full Article

Showroomprive Q3 revenue rises to ‍​134.3 million euros
Tuesday, 24 Oct 2017 11:46am EDT 

Oct 24 (Reuters) - SHOWROOMPRIVE ::Q3 REVENUE EUR ‍​134.3 MILLION VERSUS EUR 104.8 MILLION YEAR AGO.HAS REVIEWED ALL OF ITS 2017 OBJECTIVES‍​.NOW EXPECTS ITS REVENUES OBJECTIVE TO BE C.€690 MILLION (GROWTH OF C.+28%)‍​.NOW EXPECTS ITS 2017 EBITDA OBJECTIVE (EXCLUDING SALDI PRIVATI) TO BE C.€25 MILLION (I.E. AN EBITDA MARGIN OF C.4%).‍​.GROUP’S OBJECTIVES FOR 2020 REMAIN UNCHANGED.‍​.  Full Article

Showroomprivé appoints Thomas Kienzi as CFO
Monday, 9 Oct 2017 12:15pm EDT 

Oct 9 (Reuters) - SHOWROOMPRIVE ::SHOWROOMPRIVÉ: APPOINTMENT - THOMAS KIENZI APPOINTED CHIEF FINANCIAL OFFICER.‍THOMAS KENZI APPOINTED CFO FOLLOWING FORTHCOMING DEPARTURE OF NICOLAS WOUSSEN IN NEXT FEW WEEKS​.  Full Article

Showroomprive ‍H1 net revenue raises at 306.2‍​ million euros​
Tuesday, 25 Jul 2017 12:40pm EDT 

July 25 (Reuters) - SHOWROOMPRIVE ::H1 NET REVENUE EUR 306.2‍​ MILLION VERSUS EUR 240.3 MILLION YEAR AGO.H1 EBITDA EUR 10.9 MILLION (NOT EUR 10,9 MILLION) VERSUS EUR 15.7 MILLION (NOT EUR 15,7 MILLION) YEAR AGO.‍CONFIRMS ITS 2017 REVENUE TARGETS AND EXPECTS TO ACHIEVE AN EBITDA MARGIN EXCLUDING SALDI PRIVATI OF BETWEEN 5.5% AND 6.0%​.  Full Article

Vipshop to sell 4.48 pct stake in SRP Groupe
Monday, 19 Jun 2017 11:41am EDT 

June 19 (Reuters) - Vipshop Holdings Ltd ::Launched sale of remaining shares of SRP Groupe representing c.4.48 pct of share capital and 3.11 pct voting rights of the co via ABB.Bookbuilding will start immediately. The results of the placement will be announced after the close of the bookbuilding process.Following completion of the placement, the seller will no longer hold any shares in the company.David Gu expected to tender his resignation as a director of the company on the settlement date of the placement with immediate effect.  Full Article

Conforama buys 17 pct stake in Showroomprive
Friday, 12 May 2017 11:41am EDT 

May 12 (Reuters) - SHOWROOMPRIVE :CONFORAMA GROUP ACQUIRES STAKE OF 17 PERCENT IN SHOWROOMPRIVE.TRANSACTION THROUGH OFF-MARKET SALE OF SHARES BY FOUNDERS OF SHOWROOMPRIVE AT UNIT PRICE OF EUR 27 FOR TOTAL AMOUNT OF EUR 157.4 MILLION.AFTER COMPLETION OF TRANSACTION FOUNDERS OF SHOWROOMPRIVE WILL HOLD 27.2 PERCENT OF SHARE CAPITAL OF SHOWROOMPRIVE.STEINHOFF SUPPORTS ITS SUBSIDIARY, CONFORAMA GROUP, IN ACQUISITION.  Full Article

Showroomprive Q1 net revenue up at 153.8 million euros
Friday, 28 Apr 2017 01:00am EDT 

April 28 (Reuters) - Showroomprive ::Q1 2017 revenues: Showroomprive posts strong growth surge (+31 pct) in Q1 2017 and confirms its yearly objectives.Q1 net revenue 153.8 million euros ($167.1 million) versus eur 117.3 million year ago.Confirmation of group's objectives for 2017.  Full Article

Showroomprive Group completes acquisition of Beauteprivee
Wednesday, 15 Mar 2017 01:03pm EDT 

Showroomprive Groupe SA : Completes the acquisition of Beauteprivee .Acquired a 60 percent stake in Beauteprivee, valuing company at an enterprise value of 18 million euros ($19.1 million)for its entire capital, with an option to acquire remaining 40 percent in 2019.  Full Article

BRIEF-Showroomprive Q1 Net Revenues Down At 150.8 Million Euros

* Q1 NET REVENUES EUR 150.8 MILLION VERSUS EUR 153.8 MILLION YEAR AGO