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Fnac Darty SA (FNAC.PA)

FNAC.PA on Paris Stock Exchange

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Tue, Dec 5 2017

CORRECTED-UPDATE 1-Fnac Darty eyes higher margin mid-term, Carrefour deal soon

* CEO hopes purchasing alliance with Carrefour to be sealed soon

Carrefour and Fnac Darty form French purchasing partnership

PARIS French retailers Carrefour and Fnac Darty will team up for purchases of domestic appliances and consumer electronics in France as Carrefour seeks to cut costs and boost earnings, the companies said on Tuesday.

Carrefour and Fnac Darty form French purchasing partnership

PARIS French retailers Carrefour and Fnac Darty will team up for purchases of domestic appliances and consumer electronics in France as Carrefour seeks to cut costs and boost earnings, the companies said on Tuesday.

UPDATE 2-Carrefour and Fnac Darty form French purchasing partnership

* Deal follows recent retail sector alliances amid Amazon threat

French retailers Carrefour and Fnac Darty form purchasing partnership

PARIS, Dec 5 French retailers Carrefour and Fnac Darty announced a purchasing partnership for domestic appliances and consumer electronics in France, as Carrefour undertakes plans to cut costs in order to boost its earnings.

Fnac Darty eyes higher margin mid-term, Carrefour deal soon

PARIS French consumer electronics retailer Fnac Darty on Monday said it banked on merger synergies and its ability to deliver sales growth above that of its markets to nearly double its operating margin mid-term.

Fnac Darty eyes higher margin mid-term, confirms talks with Carrefour

PARIS, Dec 4 French consumer electronics retailer Fnac Darty on Monday said it banked on merger synergies and its ability to deliver sales growth above that of its markets to lift its operating margin to between 4.5 and 5 percent mid-term from 2.7 percent in 2016.

Carrefour and Fnac Darty discussing purchasing alliance - report

PARIS French retailers Carrefour and Fnac Darty are discussing an alliance to negotiate better terms when purchasing from electronics suppliers, French finance website BFM Business reported on Friday.

Carrefour and Fnac Darty discussing purchasing alliance: report

PARIS French retailers Carrefour and Fnac Darty are discussing an alliance to negotiate better terms when purchasing from electronics suppliers, French finance website BFM Business reported on Friday.

UPDATE 2-Carrefour and Fnac Darty discussing purchasing alliance - report

* Alliances in French retail sector accelerating (Adds Carrefour, Fnac Darty share reaction, analyst comments)

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