Fnac Darty SA (FRA:1FN)
€ 28.85 0.3 (1.05%) Market Cap: 751.17 Mil Enterprise Value: 2.41 Bil PE Ratio: 7.34 PB Ratio: 0.54 GF Score: 76/100

Q1 2019 Fnac Darty SA Corporate Sales Call Transcript

Apr 18, 2019 / 04:00PM GMT
Release Date Price: €74.8 (+1.63%)
Operator

Ladies and gentlemen, welcome to the Fnac Darty 2019 First Quarter Sales Conference Call. I now hand over to Mr. Jean-Brieuc Le Tinier, CFO. Sir, please go ahead.

Jean;Brieuc Le Tinier
Fnac Darty SA - Group CFO & General Secretary

Thanks and good afternoon to all of you. Thank you for attending our first quarter sales conference call. As usual, our press release is now available both in French and in English on our corporate website.

Stéphanie Constand, Head of Financing and Investor Relations, is here with me. And we will give you an overview of the group's performances over the past 3 months. We will start the call with some comments on the first quarter revenue and then we'll be pleased to answer your questions.

Let me highlight the 4 main achievements of the quarter. Firstly, Fnac Darty delivered growth in Q1 higher than its market, mainly driven by the effectiveness and relevance of our Confiance+ plan and we are very satisfied with the performance of this quarter.

Secondly, with the exception of the

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