Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — Fnac Darty Sa Ord — Q1 2024 Earnings Presentation
8 slides from Fnac Darty Sa's earnings presentation, Apr 24, 2024
Slide 1: Q1 2024 Revenue
Q1 2024 REVENUE APRIL 24, 2024
Slide 2: Q1 Highlights
Q1 HIGHLIGHTS Revenue Gross margin €1,793M + 30bps +0.7% vs Q1 2023 vs Q1 20231 Click&Collect New Bond issuance 51% €550m of Q1 2024 online sales 2029 senior notes 2 1 Excluding dilutive impact from franchise.
Slide 3: Resilient Revenue and Gross Margin
RESILIENT REVENUE AND GROSS MARGIN Q1 2024 revenue growth by region Q1 2024 revenue at €1,793m, +0.7% on a reported basis and down -0.8% on a like-for-like basis1 compared with Q1 2023 -0,7% France and Switzerland Mixed sales performance -0,7% • By region: resilience in all geographies. Spain recove
Slide 4: Long-Dated Debt Maturity Profile
LONG-DATED DEBT MATURITY PROFILE Successful refinancing of 2024 and 2026 senior Financial debt by repayment maturity (in €m) notes: €550m maturing in April 2029 Undrawn credit lines: • RCF: €500m maturing in March 2028 with extension 550 options to March 2029 and March 2030, with unchanged financial
Slide 5: Outlook Confirmed
OUTLOOK CONFIRMED As communicated in February, growth is expected to pick up in 2024, supported by the declining inflation and savings rate level. Q1 2024 business activity was stable compared to previous quarters. Timing of volumes recovery remains uncertain. The Group reaffirms its guidance: Curre
Slide 6: Q&A
Q&A
Slide 7: Disclaimer
DISCLAIMER IMPORTANT NOTICE: By reading this presentation, you agree to be bound by the following limitations and qualifications: certain information included in this release is not based on historical facts but on forward-looking statements. Such forward-looking statements speak only as of the date
Slide 8: Fnac Darty
FNAC DARTY