Showroomprivé to chase 1.1 bn euros revenue target by 2020

In 2016, 10 years after its creation, Showroomprivé said, the company continued to outperform the e-commerce market with over 20 percent of growth. Announcing mid-term roadmap, the group said, it targets to generate 1.1 billion euros (1.15 billion dollars) in revenues by 2020, and revenues between 690 million and 720 million euros (726 to 758 million dollars), a growth of 28 percent to 33 percent in FY17. EBITDA margin is expected to be above 6 percent for 2017 and above 7.5 percent in 2020.