Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — Fnac Darty Sa Ord — 9M 2024 Earnings Presentation
12 slides from Fnac Darty Sa's earnings presentation, Oct 15, 2024
Slide 1: 9M 2024 Revenue
9M 2024 REVENUE OCTOBER 15, 2024
Slide 2: 9m 2024 Highlights
9m 2024 Highlights €5,238m +1.0% Envisaged strategic acquisition 2024 Current on a reported basis vs 9m 2023 well on track Operating Income2 target raised, expected to Sustained high single exceed €180m up 50 bps1 digit growth vs 9m 2023 1 Excluding dilutive impacts from Franchise and changes of sco
Slide 3: Revenue and gross margin performance
Revenue and gross margin performance ▪ By region: 9m 2024 Revenue ▪ Iberian Peninsula strong performance, MM integration well on track ▪ France & Switzerland / Belgium & Luxemburg almost stable ▪ By product category: vs 9m 2023 ▪ Editorial products: good performance of books, gaming high comparable
Slide 4: Envisaged Unieuro acquisition update
Envisaged Unieuro acquisition update ▪ ▪ over spot VWAP1 ▪ over pre-offer analysts’ consensus ▪ as per financial independent advisors ▪ lowered from 90% to Offer opened until ▪ in specialized retail in Western & Southern Europe with >€10bn revenues 25th October and #1/#2 positions in its main market
Slide 5: 2024 Outlook revised up
2024 Outlook revised up ▪ First encouraging signals from macro indicators : decreasing inflation and interest rates ▪ Solid performance of Services ▪ Major end-of-year sales events will be decisive high points ▪ Assuming no unfavorable change in the economic and geopolitical context, the Group revis
Slide 6: Q&A
Q&A
Slide 7: Appendices
APPENDICES FNAC DARTY
Slide 8: Revenue by operating segment
Revenue by operating segment (€ million) Change compared with Q3 2023 At comparable scope Q3 2024 Like-for-like basis Reported and constant LFL1 exchange rates France and Switzerland 1,506.2 (1.3)% (1.3)% (1.2)% Iberian Peninsula 192.3 +19.8% +19.8% +5.7% Belgium and Luxembourg 150.1 (2.4)% (2.4)% (
Slide 9: Definitions (1/2)
Definitions (1/2) Definition of like-for-like (LFL) sales growth • This indicator measures changes in revenue excluding exchange rate fluctuations, the impact of change in scope and the impact of the opening and closing of directly owned stores since January 1, N-1. Definition of current operating i
Slide 10: Definitions (2/2)
Definitions (2/2) With application of IFRS 16 IFRS 16 restatement Without application of IFRS 16 Current EBITDA Current EBITDA excluding IFRS 16 Current operating income before depreciation, Rents within the scope amortization and provisions on fixed operational of IFRS 16 Current EBITDA including r
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