Report
Geoffroy Michalet

Fnac Darty : Sales & profit warning: impact of strikes on activity over the festive season

>Impact of strikes on sales and margins over the festive season - In a press release yesterday evening, the day before the publication of Banque De France’s consumer spending data, FNAC-DARTY announced “an estimate of the 2019 performance” not dissimilar to a sales & profit warning, even though the term is technically incorrect as the company had not provided any quantified 2019 guidance. The initial date of the publication was 26 February 2020 (after the market). The...
Underlying
Fnac Darty SA

Fnac Darty is engaged in the leisure and entertainment, technology, and household appliances retail market in France and a player on markets in other countries where it operates such as Spain, Portugal, Belgium, the Netherlands and Switzerland. Fnac Darty also has franchise operations in Morocco, Qatar and Ivory Coast.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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