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FNAC Darty Estimates COVID-19 Impact At EUR 400 Mln At End-May
Fnac Darty Nominates Arnauld De Saint Pastou E-Commerce And International Trade Director
Fnac Darty SA Reports Q1 Revenue 1.49 Billion euros
Fnac Darty SA, formerly Groupe Fnac SA, is a France-based company. The Company is a retailer of cultural, leisure and technological products for the general public in stores and on the Internet, both in France and worldwide: Spain, Portugal, Brazil, Belgium, Switzerland and Morocco. Fnac Darty SA offers its customers two such products as: Editorial products (music, video, books and stationer, video games) and Technical products (photo, television(TV)-video, audio, computers, among others). Telephone, ticket reservation and travel activities complete the offering.
9 rue des Bateaux-Lavoirs
Independent Chairman of the Board
Chief Executive Officer, Member of the Executive Committee, Director
Independent Vice Chairman of the Board
Jean-Brieuc Le Tinier
Chief Financial Officer, Member of the Executive Committee, Corporate Secretary
Chief Operating Officer, Chief Information Officer, Member of the Executive Committee
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French retailer FNAC Darty said on Wednesday it expected to post a loss in first-half core earnings as the COVID-19 related lockdowns had forced it to close all its shops from mid-March.
French retailer FNAC Darty said on Wednesday it expected to post a loss in core earnings at end of June as the COVID-19 pandemic has weighed on its performance.
Fnac Darty <FNAC.PA> has secured a 500 million euro government-guaranteed loan, the consumer electronics retailer said on Sunday, becoming the first large company in France to tap a state aid scheme to help businesses affected by the coronavirus crisis.
* IMPLEMENTATION OF MEASURES AGAINST THE SPREAD OF COVID-19 - CONSEQUENCES FOR FNAC DARTY
* SAYS WILL TO CLOSE ALL ITS STORES IN SPAIN FROM SATURDAY BECAUSE OF CORONAVIRUS Source text for Eikon: Further company coverage: (Reporting by Jessica Jones and Ingrid Melander)
Carrefour <CARR.PA> said on Tuesday it was in advanced talks with consumer electronics group Fnac Darty <FNAC.PA> to set up around 30 Darty standalone stores within its French hypermarkets under exclusive operating agreements.
* REVENUES OF € 1,816 MILLION, UP + 3.7% ON A REPORTED BASIS AND + 1.7% LIKE-FOR-LIKE1, IN THE 3RD QUARTER OF 2019
French retailer Fnac Darty reported on Thursday an increase in third quarter revenue, driven by strong performance in Benelux thanks to its partnership with Wehkamp.
French electronic goods retailer Fnac Darty <FNAC.PA> Wednesday said it entered exclusive talks to buy the French unit of Germany's CTS Eventim <EVDG.DE> in a bid to strengthens its ticketing business.
French electronics goods retailer FNAC Darty, which like many in its sector has been impacted by the country's "Yellow Vests" protests, reported higher profits and confirmed targets for stronger margins and outperforming its market.
Fnac Darty CEO Enrique Marinez tells a news conference:
* FY PRO FORMA REVENUE EUR 7.45 BILLION VERSUS EUR 7.42 BILLION YEAR AGO
* GROUPE FNAC DARTY APPOINTS NEW DIRECTOR OF MARKETING AND E-COMMERCE
Ceconomy has no plans to raise its holding in France's Fnac Darty after shareholder Knight Vinke sold its stake in the French company to insurance broker SFAM, Ceconomy's chief executive said on Friday.
* SFAM could further increase stake but no plans to seek control
* Private equity firm Ardian says it has bought a minority stake in SFAM, a leading European broker of smartphone and multimedia insurance.
French insurance broker SFAM bought 11 percent of French consumer electronics chain FNAC Darty for 335 million euros ($415 million), it said on Tuesday, becoming the second-biggest shareholder after German retailer Ceconomy.
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.
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.
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.
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