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Fnac Darty Announces Finalization Of Its Partnership With CTS Eventim Group
Fnac Darty Q3 Revenues Up At 1.8 Million Euros
Fnac Darty Completes The Acquisition Of Nature & Découvertes
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
Chief Executive Officer, Member of the Executive Committee
Independent Vice Chairman
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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* 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.
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.
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.
French music and book retailer Fnac Darty said on Thursday it now expects to realise a larger proportion of cost savings this year from its merger with Darty.
* SAYS AT LEAST 60 PERCENT OF EUR 130 MILLION IN SYNERGIES TO BE GENERATED BY END 2017
New Carrefour <CARR.PA> boss Alexandre Bompard has turned to a former colleague from Fnac Darty to be his finance chief as he strives to revive the world's second-biggest retailer.
* TO OPEN ITS 2ND SHOP IN MOROCCO ON NOV 2 Source text: http://bit.ly/2gcReNI Further company coverage: (Gdynia Newsroom)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.