Fnac Darty SA (OTCPK:GRUPF)
$ 66 0 (0%) Market Cap: 807.84 Mil Enterprise Value: 2.58 Bil PE Ratio: 6.87 PB Ratio: 0.50 GF Score: 76/100

Half Year 2022 Fnac Darty SA Earnings Call Transcript

Jul 27, 2022 / 05:00PM GMT
Release Date Price: $66
Enrique Martinez
Fnac Darty SA - CEO & Director

(technical difficulty) for the first half are solid. And I would like to thank all of our employees for their contribution of the daily commitment. In a constantly changing geopolitical and economic context, we managed to stay on an ambitious course in the development of our everyday strategic plan. Our commitment to product sustainability and the protection of purchasing power is at the heart of our ambition to move towards a responsible consumption model. We are committed to purchasing power and we started internally with the payment of a support bonus to 80% of our teams to help them cope with the pressure exerted by inflation and energy crisis on their daily life. This measure was particularly close to my heart.

Now -- let's now move on to the key figures for this first half. Slide 3. Half year sales revenues amounted to more than EUR 3.4 billion, down slightly by 1.1% in published data. This reflects an improving trend with stability in the second quarter, after a drop of 2% in the first quarter. Now throughout the semester, in the context

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