Fnac Darty Sa Ord (GRUPF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening to all. I'm very pleased to be with you today to comment on our 2025 annual results, a defining year for the group with, of course, the launch of the Beyond Every Day plan. I'll begin by presenting the highlights of the year and then Jean-Brieu. Our CFO will detail our financial results. The figures we're presenting today follow on from the preview of the 26th of January after the EP Group tender offer. Lastly, I'll come back for the conclusion. It will be available, both of us, to take your questions. So if you're following the slides, number four, our revenues up. 0.7% on the year, notably driven by services posting a double-digit growth across the majority of geographies. Trends and consumption, the situation is contrasted. We have a challenging consumption situation in France, notably in Q4. In this context, we're nevertheless up. It's a good performance that we believe two points above the market trend according to the figures published by the bank of france at the end of january the rest of europe were delivering strong growth of plus 1.1 percent driven by very good performance in spain and portugal our results are therefore solid with current operating income of 203 million euros that's two percent of our revenue and a very solid free cash flow at 145 million euros as i said jean-brio will return in detail on these figures in a few minutes we presented back in june 2025 our new strategic plan beyond every day through 2030. This plan follows on the successful previous plan. Last year, as you know, only 26 EP groups are leading shareholder through its subsidiary visa announced the planned tender offer on our company over the years we've built a trustful relationship with them and we welcome this expression of interest moving to slide five up to the ...