ADVEO Group

ADVEO creates value by optimizing the relationship between manufacturers, dealers and end-consumers by providing solutions for the working and educational environments in a sustained manner. Enjoy the benefits of a leader group as final costumer, reseller or supplier!

ADVEO is the European leader in office equipment, school material and stationery supplies, offering to more than 17,000 customer-distributors across Europe the best range of products and services.

ADVEO has trusted the cognitive intelligence engine to transform its business and achieve improved results.

ADVEO backs Cognitive Intelligence developed by GNOSS The technology company has developed a specific solution for ADVEO based on its own cognitive intelligence engine.

ADVEO’s technological platform already operates in Microsoft Azure cloud system and the new ERP platforms in Italy and Germany have been successfully implemented, obtaining significant synergies.

The company is making progress in obtaining additional funding which will allow recover the target stock levels. ADVEO estimates to successfully close this process before summer.

ADVEO improves margins and costs management but results are still hampered by stock availability In the first quarter of the year, ADVEO obtained a negative net result of €2.9m due essentially to the lack of stock availability.

Aiming at improving both intern users and customers experience, ADVEO has implemented various initiatives to strengthen digitalization of processes and relations with vendors and customers.

ADVEO implements a new integrated workplace management center with Grupo Econocom In the context of its transformation strategy, ADVEO has strengthened digitalization of processes and relations with vendors and customers

Our investors and shareholders can find the latest news about ADVEO’s financial information on our webpage: https://bit.ly/2I838Ve

ADVEO invested €12.3m in 2017 in logistics restructuring and organizational changes in Spain and France, aiming to provide the best experience to all customers and coworkers.

Luca Borroni, with an extensive experience of more than 20 years in the sector, has been appointed as new Managing Director ADVEO Italy, effective April 3rd, 2018: https://bit.ly/2IqkwVj

Why to invest in ADVEO?

✅ We are aware of the opportunity represented by digitalization in the sector.
✅ We have a solid long-term value creation strategy.
✅ We have a high commitment to reduce debt and generate value for our shareholders.

Find more information: http://bit.ly/2Gz6Png

New challenges in the market require a more prepared platform to give an answer to every model of logistics. Due to that, the logistics activity will be focused on Höver, becoming the new logistic pole in Germany: http://bit.ly/2Fhl9Cl

ADVEO reduced losses by 34.5% in 2017, amounting to €23.4m, despite investing €12.3m in logistics restructuring and organizational changes in Spain and France.

ADVEO reduced losses by 34.5% in 2017 Revenues in the year amounted to €490m, 9% lower, excluding the effect of the EOS repositioning.