Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — Fnac Darty Sa Ord — Q3 2023 Earnings Presentation
9 slides from Fnac Darty Sa's earnings presentation, Oct 26, 2023
Slide 1: Third Quarter 2023 Revenue
THIRD QUARTER 2023 REVENUE 26 October 2023
Slide 2: Strategic Highlights
STRATEGIC HIGHLIGHTS c. €130m €140m of positive cash impact revenue in 2022 COMET Court of Appeal in MEDIAMARKT Closing of the London rules in favor of Fnac Darty acquisition in Portugal 1M c. €200m Subscribers reached revenue by 2028 DARTY MAX well on track to WEAVENN Creation of a joint reach its
Slide 3: Weavenn: A Strategic JV Addressing the European Market
WEAVENN: A STRATEGIC JV ADDRESSING THE EUROPEAN MARKET Combined skills and expertise in European market that can be Existing technical assets to accelerate the e-commerce, fulfillment and addressed and is valued at around deployment of a complete Marketplace transport. €80bn1, estimated CAGR > 10% a
Slide 4: Revenue Resilience Despite a Challenging Environment
REVENUE RESILIENCE DESPITE A CHALLENGING ENVIRONMENT YTD 2023 vs. YTD 2022 LFL1 Q3 2023 vs. Q3 2022 LFL1 +1,4% Flattish Q3 revenue €1,840 million down by -0.5% on +0,4% a reported basis and -0.1% on a LFL basis1 vs Q3 2022 mainly due to challenging market environment -0,1% – Strong momentum in Edito
Slide 5: Still Outperforming the Market
STILL OUTPERFORMING THE MARKET France & Switzerland (LFL)1 Market evolution (retail trade)2 Q3 2023 VS. Q3 2022 +0,4% -2,6% -1,5% -3,6% 9m 2023 VS. 9m 2022 1 Like-for-like: excluding the effect of changes in foreign exchange rates and scope of consolidation, openings and closures of integrated store
Slide 6: Outlook
OUTLOOK For FY 2023: – Cautiousness about the rebound in consumer consumption initially anticipated – Confidence about the ability to achieve a good level of activity in Q4 2023 driven by the year-end major sales events (Black Friday and Christmas) – H2 2023 Current operating income expected to be i
Slide 7: Q&A
Q&A
Slide 8: 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 9: Fnac Darty
FNAC DARTY