Fnac Darty announced on Wednesday a slight decrease in its pro forma revenue for the first quarter, while reaffirming its forecasts for 2025 and highlighting the positive contribution of Italian retailer Unieuro.
The group posted first-quarter revenue of €2.31 billion, up 29% on a reported basis but down 0.6% on a pro forma basis.
"More than 70% of the decline in like-for-like pro forma revenue is attributable to the deconsolidation of the ticketing business and store closures in France (...) and Spain," the company stated in a press release.
Fnac Darty also reiterated its guidance for 2025, first announced in February, including mid single-digit average growth in current operating income (COI) for 2025, excluding Unieuro and ticketing activities.
(Written by Noemie Naudin, edited by Augustin Turpin)
Fnac Darty is No. 1 in France for distribution of cultural and leisure products. The group's activity is organized into 4 divisions:
- distribution of cultural and IT products and consumer electronics: books, toys, gaming consoles, music CDs, telephones, IT products (computers, tablets, peripherals, software, etc.), hi-fi products (televisions, stereo systems, DVD readers and recorders), cameras and video recorders, MP3 players, DVD films, household appliances, etc. The company operates through a network of stores (owned nearly 1,484 points of sale as of the end of 2025 worldwide) and via the Internet;
- sales of photo developing services;
- distribution of event tickets: concerts, theater productions, operas, expositions, circuses, museums, etc.;
- travel sales (Fnac Voyages).
Net sales are distributed geographically as follows: France (58.7%), Italy (25%), Belgium (6.1%), Portugal (5.2%), Spain (2.9%) and Switzerland (2.1%).
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