2017 Full year Sales

Very strong growth of +16.0% and +17.5% at constant currency. 2017 sales reach €912m exceeding objectives. 2017 EBITDA margin guidance confirmed.

• Outstanding sales growth in FY 2017 of +16.0% to €912m (+17.5% at constant currency) above the 2017 €900M objective. Another year of strong balanced growth driven by store openings and like-for-like growth that reaches +7.8%.
• Very dynamic performance across all brands and regions in 2017 outpacing the market, with further market share gains in France and international sales up +27.1% (+29.9% at constant currency), reaching 59% of total sales.
• Continued strong growth in Q4 at +14.1% to €256m (+16.8% at constant currency).
• Sustained footprint expansion with +37 net POS in Q4, representing +109 net opening in 2017. Network reached 1,332 POS in 38 countries.
• Digital sales up +46% reaching 12% of total sales.
• Confirmation of full-year 2017 guidance on EBITDA margin of 16.5% as well as on capex and net leverage.