Cnova N.V. reported unaudited sales results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported gross merchandise volume amounted to €1,093.4 million (+15.9% like-for-like compared to the same period in 2016). Net sales totaled €701.2 million compared to €584.1 million (+20.1% like-for-like). For the full year, the company reported gross merchandise volume amounted to €3.4 billion, an increase of 9.6% versus 2016 on a like-for-like basis. On a reported basis, GMV rose 13.2% compared to 2016. Net sales totaled €2.1 billion in 2017, up 9.3% on a like-for-like basis compared to 2016 (+14.4% on a reported basis). Home furnishings and household appliances accounted for 45% of direct sales, while hi tech goods (AV and smartphones) and IT goods represented 35% of direct sales. Traffic grew by 12.4% to 946 million visits in 2017.