Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — Fnac Darty Sa Ord — Q1 2025 Earnings Presentation
12 slides from Fnac Darty Sa's earnings presentation, Apr 23, 2025
Slide 1: Fnac Darty
FNAC DARTY
Slide 2: Q1 2025 Revenue
Q1 2025 REVENUE APRIL 23, 2025 2
Slide 3: Preliminary Remarks
PRELIMINARY REMARKS Financial information by geography restated: France & Rest of Europe LFL pro forma includes Unieuro in 2024 Store perimeter impact: • Permanent store closure in France (Champs Elysées) • Temporarily: 2 stores in Spain (Callao & Valencia Bonaire) for refurbishment P&L impacts foll
Slide 4: Q1 2025 Highlights
Q1 2025 HIGHLIGHTS Group revenue slightly increasing LFL pro forma excl. unfavorable calendar effect of -1.0% Unieuro integration on track Gross Margin pro forma increasing by +60 bps: positive impact from services offsetting ticketing disposal and dilutive impact from franchises Successful €300m bo
Slide 5: Q1 2025 Revenue at €2,314m
Q1 2025 REVENUE AT €2,314m Slightly increasing excluding -1.0% negative calendar effect in Q1 -0.6% LFL pro forma1 in €m Explain >70% of revenue decrease +568 21% online sales o/w 1,793 2,314 49% C&C Q1 2024 Q1 2024 Q1 2024 Ticketing Store Q1 France Rest of Europe Q1 2025 reported Unieuro proforma p
Slide 6: Mixed Sales Performance Across Europe
MIXED SALES PERFORMANCE ACROSS EUROPE As a % of % LFL In €m Q1 2025 total Group Change revenue Pro forma1 France 1,372 59% (1.2)% France: slight decrease. Champs Elysée's store closure Rest of Europe 942 41% +0.4% Rest of Europe: slight increase with contrasted evolutions Italy 573 25% +1.4% Italy:
Slide 7: Q1 2025 Gross Margin
Q1 2025 GROSS MARGIN Pro forma gross margin increasing +60 bps, supported by the expansion of service activities +60 bps proforma 1 +80 bps +20 bps (170) bps (30) bps (10) bps Q1 2024 Unieuro Q1 2024 Ticketing Franchises Services Others Q1 2025 reported pro forma pro forma reported 1 Pro forma inclu
Slide 8: Long-Dated Debt Maturity Profile
LONG-DATED DEBT MATURITY PROFILE FINANCIAL DEBT BY REPAYMENT MATURITY in €m No major refinancing until April 2029 after successful €300m emission of a 2032 senior 550 notes (4.75%). More than 77% of outstanding 53 300 convertible bond bought back representing 17 17 17 17 €147m 2025 2026 2027 2028 20
Slide 9: 2025 Outlook
2025 OUTLOOK Current operating income Mid single digit growth excluding Unieuro vs 2024 COI excl. Ticketing1 New strategic plan Investor Day June 11, 2025 am Paris 1Impact of the deconsolidation of the Ticketing business: around 10 million euros. 9
Slide 10: Fnac Darty
FNAC DARTY
Slide 11: 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 12: Fnac Darty
FNAC DARTY